Brisbane and the Gold Coast are without a doubt a buyers market
Brisbane and the Gold Coast are without a doubt a buyers market
According to recent sales figures and research data delivered by CoreLogic, home values rose in Brisbane in both the last month of 2014 (0.8%) and in the final quarter (1.8%). The city’s year-on-year result was a solid 4.8% increase in home values.
Sydney is still incredibly strong but as the (FIRB) recently conceded, they are having trouble policing foreign buyers purchasing second-hand properties which is a terrible worry?
Melbourne is firm in terms of growth with Brisbane in third place and on the rise and there is no doubt that astute investors can see the value in Brisbane, and the corridor south all the way to the Gold Coast as long term nest egg investments see the potential for major future capital growth.
The Gold Coast market is obviously lifting from the bottom after a tough few years of market conditions but the cranes are once again in the sky as construction begins again.
Brisbane and the Gold Coast are still without a doubt a buyer’s market so remember what my Mother always said "When your ship comes in, don't be sitting at the airport"
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