Brisbane Real Estate Outlook

Brisbane real estate brisbane real estate general overview brisbane is a city on a river by the sea with a mountain backdrop to the northwest and coastal farmland to the south so no matter what your taste is in real estate you ll be able to find what you re looking for.
Brisbane real estate outlook. The outlook for australian real estate in 2020 remains positive in most geographies and sectors. And the worst case would be if interest rates are cut to zero which sqm predicts would trigger price falls. Brisbane property market outlook 2020 brisbane auction results for saturday 14 march 2020 there were 75 residential property auctions held in brisbane on saturday 14 march 2020. The brisbane property downturn has been quite shallow compared to the big two capital cities with local values only 2 4 below their peak.
As always the markets will remain fragmented. 59 per cent produced a sale up from 36 on the same weekend last year for a median sale price of 825 000 in preliminary results reported by domain. Brisbane s property market will continue to perform well at a time when many other markets are languishing. Eagle eyes have zoned in on the sydney and melbourne real estate markets this year and most analysts are relatively positive about what s to come.
Brisbane property market forecast 2020. Nationwide property analysts are forecasting prices to continue dropping in 2019 before stabilising and picking up in 2020. The bis oxford economics property forecast predicts brisbane will see the greatest national gains in house prices with brisbane s median house price is predicted to jump 20 per cent by 2022. The residential sector continues to recover logistics will benefit from low vacancy in most markets and in the office sector perth and brisbane are forecast to lead the nation in terms of effective rental growth.
Bis s forecast is that brisbane will see the strongest growth of any property market over the next three years jumping 13 per cent to a median of 620 000. Recently qbe released its australian property market outlook 2018 2021 and they suggest that the brisbane median house price is expected to see cumulative growth of around 11 over the next three years reaching 615 000 by june 2021. Investors recognise that brisbane s outlook has turned more favourable than in recent times and that it represents good value for money compared to sydney and melbourne. Similarly brisbane is experiencing a resurgence in the economy that is translating into positive movement in the property sector.