Orignally published in The Australian’s Mansion Magazine.
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Unit prices rising faster than houses in 60pc of all suburbs
Apartment values are rising faster than those of houses in about six out of 10 suburbs nationwide as the price gap between the two categories blows out to a record 48.2 per cent, CoreLogic data shows. A sharp decline in borrowing capacity, coupled with the recent house price gains, has consolidated the demand for units,…
Brisbane could be more expensive than Melbourne ‘forever’: Expert
Brisbane has hit a fresh record home price with experts tipping it could stay more expensive than Melbourne ‘forever’. The latest PropTrack Home Price Index, out Thursday, saw Brisbane home prices reach a new peak of $853,000 for all dwellings, after a 13.93 per cent jump over the year, while the median house value has…
Queensland on the Rise: Brisbane is fast taking over from Melbourne as Australia’s second-strongest city
The Sydney-Melbourne rivalry has been a major part of the Australian psyche for decades. But Melbourne’s once unassailable position in the top two is under threat as Brisbane’s strong economic momentum sparks expectations it will soon gatecrash the exclusive party. Colliers Queensland chief executive Simon Beirne said Brisbane’s median house prices and office rents now…
Massive 50pc price rise predicted ahead of 2032 Olympics
Experts have predicted a 50 per cent rise in home prices ahead of the 2032 Olympics as over $75m was spent on Sunday alone in a special 112-home mass auction – one of the biggest Brisbane has seen. The Ray White Brisbane 100, celebrating the group’s century of operation in the Queensland capital, saw $75.25m…
