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…
ANZ woos property investors with interest-only loan change
ANZ Banking Group is loosening some of the clamps it put on interest-only mortgage lending in 2017, after pledging to reopen the door to property investors following a period of excessive caution. The big four lender on Thursday said it would again start offering customers an interest-only period of up to 10 years, up from…
Nearly-completed extension of Brisbane’s Circa Nundah Village already filling up
THREE Nundah Village is the final stage of the facility’s redevelopment and was designed by urban renewal specialists Property Solutions. The new nine-storey, 120-apartment building will be just eight kilometres from the Brisbane CBD. The one and two-bedroom apartments start at $381,000 and $482,800 respectively, with nearly 70 percent already sold due to high demand…
Brisbane’s strong prestige market secures spot on top 100 for first time
A strong performance in Brisbane’s prestige property market has seen the city shoot up the world rankings, overtaking Melbourne for price growth in the luxury home market. Knight Frank will today reveal that Brisbane, for the first time, has earned a spot in its Prime International Residential Index (PIRI 100), which tracks the movement of…
