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Record Brisbane prices still rising as offers continue to flow

Crowds at Brisbane home opens and auctions are starting to get smaller, but lower attendance is not yet translating into fewer offers as buyer activity remains historically high, particularly in the inner and middle ring suburbs.

Brisbane CBD with Storey Bridge in the foreground
Brisbane's record-breaking run of property price rises continued in April. Photo: Shutterstock (Image source: Shutterstock.com)

Crowds at Brisbane home opens and auctions are starting to get smaller, but lower attendance is not yet translating into fewer offers as buyer activity remains historically high, particularly in the inner and middle ring suburbs.

That buyer demand is resulting in further increases in median prices, for both houses and units, however, a divergence is emerging between the rapid rate of price growth at the upper end of the market and slower growing…

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