The RBA has cut interest rates for the first time since August 2016, please see the below Press Release sourced from Reserve Bank of Australia. At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.25 per cent. The Board took this decision to support employment growth and…
Buyers combine smaller units into large house-sized apartments
Buyer demand for larger apartments has seen building changes lodged ahead of construction at Maasra Apartments. An increase in the numbers of three and four-bedroom units has been put forward for the Coorparoo development. Karam Group’s decision to redesign and add more three and four-bedroom apartments at Maasra Apartments won’t mean any visible changes to…
Confidence Returning to Inner Brisbane Apartment Market
Brisbane’s apartment pipeline, which suffered throughout 2018, looks to have turned a corner thanks to the improving conditions which will bring the city’s apartment supply into balance. While property values are continuing to fall in many parts of Australia, Brisbane’s market seems to be steadily gaining pace — directly benefitting from Sydney and Melbourne’s…
Why Australia’s falling house prices don’t apply to Brisbane
Australia’s falling house prices do not apply to Brisbane, according to a leading property analyst, who has slammed the latest comparisons between now and the global financial crisis as “reckless and alarmist”. On Tuesday it was reported that prices dropped 5.1 per cent on average across the eight capital cities over the year to the…
Boom time for Qld house prices, analyst predicts
Queensland is on the cusp of a housing boom fueled by Sydney and Melbourne’s property woes, with a leading analyst predicting interstate migration to hit a record high by next year — putting upward pressure on home prices. New research by Place Advisory provided exclusively to The Courier-Mail forecasts gross interstate migration to the state could surge…
Migration fuels boom
New wave of southerners to lift property prices. Queensland real estate is on the cusp of a boom fueled by Sydney and Melbourne’s property woes, with a leading analyst predicting interstate migration to hit a record high by next year – putting upward pressure on home prices. Research by Place Advisory, provided exclusively to The…
