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Snap lockdown fails to dent Brisbane buyer demand

Buyers and sellers roared back into Brisbane’s property market after the city’s snap lockdown was lifted in early August, maintaining the city’s strong momentum in house price and weekly rental growth.

Brisbane's famous Story Bridge and CBD in background
Vacancies in the Brisbane CBD remain elevated, but elsewhere, demand for rental properties is particularly strong. Photo: Shutterstock (Image source: Shutterstock.com)

Buyers and sellers roared back into Brisbane’s property market after the city’s snap lockdown was lifted in early August, maintaining the city’s strong momentum in house price and weekly rental growth.  

We saw a lot of agents hold back their new listings until the lockdown was over, but buyers were back out and active from the first weekend after lockdown was lifted and the backlog of new listings came through in the remaining weeks throughout …

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