While prices in Brisbane are flat, Brisbane has “weathered the downturn well”.
Brisbane’s northside continues to be most in demand on realestate.com.au, recording the highest views per listing.
Wilston located five kilometres north of Brisbane’s CBD, has knocked popular inner suburb Paddington into second, which is due to Paddington’s recent house price spike surpassing the $1 million mark.
Realestate.com.au has reported that their site has seen a notable increase in international property search.
Not just from Asia but also from New Zealand and the UK. Brisbane is a beneficiary of Brexit, seeing the largest increase in property seekers from UK we’ve ever seen in Australia.
The fundamentals of property demand continue to hold up the Brisbane market — jobs are being created and this is supporting population growth.
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Hicks Real Estate Team
Hicks Real Estate is a Brisbane based, full-service real estate agency supporting buyers and sell as well as renters and property investors. With almost 20 years experience in the local market, we are the real estate experts you can rely upon.
