A big rise in investor enquiry is likely to keep pushing up prices in Queensland's capital.
5-10-2021
Growth stayed strong in Brisbane’s residential market in September, with a fundamental imbalance between supply and demand being exacerbated by low mortgage rates and rising interest from investors.
According to CoreLogic data, total advertised stock in Brisbane is still 28.7 per cent lower up to August 29, compared to the equivalent period last year. Demand is very high. This continues to be supported by the expectation that mortgage rates will remain at record lows for an extended period of time.
Brisbane has avoided lockdowns over recent weeks so the local economy continues to thrive.