According to The Urban Developer, it has been an outstanding year for the city’s residential market (The Urban Developer 2021).
The latest Corelogic Home Value Index shows a 2% increase in Brisbane home prices on a four-week basis. Housing prices in Brisbane rose 2.2 per cent in July, up 6 per cent in the most recent quarter and 15.9 per cent for the year to date. With a population of approximately 3.7 million, South East Queensland is the fastest growing area in Australia. The forecast indicates that by the middle of the next decade it will exceed five million.
Further information can be looked from The Urban Developer, Property Markets, Brisbane Housing Market Insights: August 2021, 11 August 2021 Link- https://www.theurbandeveloper.com/articles/brisbane-housing-market-update
Image Source; Google Image
Unsplash; Bhavesh Patel, Romain Terpreau
Source: SQM Research
