Real Estate Wrap Up for the Third Quarter of 2016

CoreLogic RPData’s most recent Pain and Gain report shows the Brisbane market has seen values increase by an average of +3.9% over the preceding 12 months to July 2016. This underpins our prediction that the Brisbane market is well placed to continue to benefit from interstate and international investors. We are seeing strong, consistent growth and one interesting fact is that the current disparity in values between our market and the Sydney market is at 13 year highs – this is a big gap and gives weight to the statement that the southern investors are seeing exceptional value here in Brisbane. We did see the usual slow down over the winter months however this was not due to lack of buyers, in fact it was very much the opposite. It was a major shortage of sellers that saw this slowdown.

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