Predictions of a Brisbane decline may prove to be premature
Brisbane's real estate market has cooled but its still the third-best performing capital city with demand indicators suggesting there's still plenty of fuel in the tank.
The median value of a unit in Brisbane is now $661,925. (Image source: Shutterstock.com)
Suggestions of Brisbane’s property market demise being imminent may be exaggerated.
Although the knee-jerk reaction to a slowdown in price growth points to a gradual downward trajectory, competition is actually showing signs of intensifying.
The Brisbane property market has continued to show price pressure and steady growth throughout September 2024, despite signs of slowing momentum.
Sales volume trends, which serve as a key indicator of buye…
