How much should you be paying for agent commissions around Brisbane?
Metropole | Brisbane Property Strategist
by Guest Expert
4y ago
Brisbane is home to over 9,300 agents and 3,000 agencies. If you’re selling a property, it might be hard to know where to start. When comparing different agents in your suburb, it could be helpful to know what the average real estate fees are. An agent should be able to explain why they charge the amount that they do. How to pick an agent? There are a few things you can look out for when talking to agents. For example, research their sales history, what type of properties they sell and if they’ve sold similar properties in your area. Ask them about their area knowledge and how much they can ge ..read more
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Most affordable southern Brisbane suburbs within 35-minute commute to CBD
Metropole | Brisbane Property Strategist
by Guest Expert
4y ago
More people from different areas around Brisbane and from interstate are starting to move into the city centre. As the metropolitan continues to grow, areas surrounding the CBD are starting to become more popular. Whether you’re a buyer who needs a quick commute or you’re an investor looking to target young professionals, southern Brisbane is worth looking into. These suburbs are significantly more affordable than those closer to the city, making them a potential option for first-home buyers or first-time investors looking for a lower barrier to entry. Fastest commute times Those looking for t ..read more
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Where is the Brisbane property market heading in 2020?
Metropole | Brisbane Property Strategist
by Guest Expert
4y ago
A lot of attention is on the Sydney and Melbourne markets at the moment, but how is the Brisbane market looking? And where is it going in 2020? At the end of last year, prices were still on a slight decline. However, prospects are looking better for this year and for the next couple of years following. Analyst predictions Different analysts in the country are forecasting different things for the 2020 market. If there’s one thing that everyone seems to agree on, it seems that property in Brisbane will at the very least have moderate growth over the next 12 months. On the more positive end of t ..read more
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6 Brisbane suburbs to invest in for long-term growth
Metropole | Brisbane Property Strategist
by Guest Expert
4y ago
After Sydney and Melbourne, Brisbane is arguably Australia’s third-biggest property market. It’s been relatively stable and is expected to have price increases both for houses and units over the next few years. If you’re an investor, you might be interested in these Brisbane suburbs that have shown strong signs of growth and likely to give you a solid ROI in the next three to five years. Mount Gravatt Median house price: $649,000 Median unit price: $404,000 Average house rent: $440/week Average unit rent: $420/week Mount Gravatt is located in Brisbane’s middle-ring, making it a more affordabl ..read more
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Most optimistic Brisbane home seller expectations since the beginning of 2018
Metropole | Brisbane Property Strategist
by Guest Expert
4y ago
After the market started turning around halfway through the year, vendors in Melbourne have become more and more optimistic about property price movements. 3,306 Australian vendors were surveyed last quarter on the expectations for price movement with Brisbane vendors the most optimistic they’ve been since the beginning of 2018. In the most recent quarter, 67% of Brisbane home sellers stated that they believed dwelling values were going to increase within the next six months. Comparing the most recent quarter to the quarter previous, 28% more Brisbane home sellers now believe prices are going ..read more
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Brisbane Housing Market Update [video] | October 2019
Metropole | Brisbane Property Strategist
by Tim Lawless
4y ago
Brisbane housing values trended higher for the third consecutive month, taking values half a percent higher since finding a floor in June. CoreLogic has released their newest housing market update for October 2019. You can also check out the local reports for Melbourne and Sydney. The previously weak unit sector is showing a slightly stronger growth trend relative to houses, with Brisbane unit values up 1% over the September quarter compared with a 0.4% rise in house values. Despite the improved conditions across the unit market, values across this sector remain 12.5% below their 2010 peak, h ..read more
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CoreLogic Pain and Gain report | Brisbane
Metropole | Brisbane Property Strategist
by Tim Lawless
4y ago
Based on resales across Greater Brisbane over the second quarter of 2019, the total value of resales at a profit was $1.341 billion while the total value of resales at a loss was recorded at $37.7 million. Brisbane generated 8.2% of the total value of resale profits nationally over the quarter and 5.2% of the losses. The Brisbane council regions with the lowest proportion of resales at a loss were Redland, Lockyer Valley and Moreton Bay while the highest proportion of resale losses occurred in Scenic Rim, Somerset and Brisbane. The large divergence between houses and units for loss making sal ..read more
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Brisbane Housing Market Update [video] | September 2019
Metropole | Brisbane Property Strategist
by Tim Lawless
4y ago
Brisbane values have posted their second consecutive month of subtle gains. CoreLogic has released their newest housing market update for September 2019. You can also check out the local reports for Melbourne and Sydney. Dwelling values tracked 0.2% higher in both July and August following a relatively shallow decline phase where home values fell by 2.9%. Unit values have led the improving conditions, rising by 1.5% over the there months ending August, while house values remain relatively flat -0.2% lower over the same period of time. The local unit ..read more
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Brisbane Housing Market Update [video] | September 2019
Metropole | Brisbane Property Strategist
by Tim Lawless
4y ago
Brisbane values have posted their second consecutive month of subtle gains. CoreLogic has released their newest housing market update for September 2019. You can also check out the local reports for Melbourne and Sydney. Dwelling values tracked 0.2% higher in both July and August following a relatively shallow decline phase where home values fell by 2.9%. Unit values have led the improving conditions, rising by 1.5% over the there months ending August, while house values remain relatively flat -0.2% lower over the same period of time. The local unit markets seems to have em ..read more
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What’s in store for Brisbane’s property market in 2020?
Metropole | Brisbane Property Strategist
by Guest Expert
4y ago
In the middle of this year, we saw Sydney’s and Melbourne’s property market starting to turn around. Though Brisbane was slower to catch up, it’s also starting to get better. Unsurprisingly, people are wondering whether these positive trends will continue into next year or if there will be a downturn. We’ll be looking at how Brisbane’s property market has performed so far and at a number of forecasts from different property experts. Brisbane property market in 2019 The beginning of the year in Brisbane saw decreases in property values month after month. Auction clearance ..read more
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