The rental crisis is providing record rent returns, it’s also time to consider housing prices.
Whilst it’s true Brisbane is currently experiencing a downturn in prices, it’s important to remember we are coming off a huge upswing that left prices 27.9% higher than the previous dip in August 2020. So many property owners are still well in front.
Predicting the market is a difficult game, so we value the judgement of trusted analysts like Simon Presley, Propertyology Head of Research.
In this detailed feature by Elite Agent Deputy Editor, Kylie Dulhunty, Simon does a deep dive into market and economic conditions and why he believes the property market was “likely” to return to “near-normal” performance over the year. Delivering rises of between two and seven per cent in the majority of capital city and regional locations in 2023.
Read this excellent article in full here at Elite Agent.
Recent Comments