Brisbane has finished 2021 as Australia’s fastest-growing property market, with property prices continuing to rise full steam ahead at the same time Sydney and Melbourne’s markets are slowing down. Core Logic’s Best of the Best report found Brisbane dwelling values rose 2.9 per cent over November and a massive 7.4 per cent over the quarter, its highest
When you are buying a property you need to move fast. Days on market are short at the moment (although they are starting to stretch). Property prices are still rising, although the pace is slowing, and if you’re sifting through the available properties when you find The One you need to be ready to pounce. According
The lifestyle shift that’s seeing many Australians trade up for properties better suited to working from home has been touted as a “race for space” by a property expert. And he believes Queensland might be the biggest winner from the boom. Pete Wargent, the co-founder at BuyersBuyers, has indicated that in many ways, the current
There are two crucial ingredients that have fuelled Brisbane's market change and there is a strong relationship between the two. These magical ingredients are jobs growth and migration. Jobs growth and migration So, what is the relationship between jobs growth and migration? This is a fairly obvious one to follow. There is no doubt Brisbane
A few inside the property industry have tipped that Brisbane and its surrounding regions in South-East Queensland will continue on their uptick in price growth. Streamline Property Buyers managing director Melinda Jennison believes that after the state border reopened in mid-December, more interstate migrants will add to the already heightened demand in the Sunshine State’s
New polling showed buying a property remained one of Australians’ top financial New Year’s resolutions for 2022, despite prices rising by the fastest annual rate since the 1980s over the last year. The survey by financial comparison site Canstar showed 18 per cent of participants, representing an equivalent of 3.6 million people, had made a
Brisbane house rents surged to a new record high of $480 a week following a 4.3 per cent increase over the quarter, or $20 according to Domain’s latest Rental Report. This is twice the pace of growth recorded in the prior quarter and is the largest increase in 15 years. Unit rents increased another $10 over
We experienced a wild ride in property in 2021, didn’t we? No one could have predicted the astonishing property price rises we experienced across the country. While our property markets slowed down their extraordinary growth as the year ended, there is still significant momentum left and 2022 promises to be another good year, but the
Australians are set to spend big following the end of lengthy lockdowns in Sydney and Melbourne, with up to $58 billion predicted in Christmas sales. A new report out from the Australian Retail Association (ARA) and research firm Roy Morgan suggests spending will be in-line with last year, but still up 11.3% on pre-pandemic levels.
Christmas can be a tough time to be managing your finances around your mortgage while juggling countless gifts and holiday planning. Christmas spending in Australia in 2020 was the biggest on record, with shoppers nationwide splurging over $55 billion throughout the Christmas trade period, a 9% increase on the previous year. As we head into
