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Wondering what will happen to the Brisbane property market in 2022 ?

Written by Clinton Roach
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Interestingly … Brisbane was the strongest property market in 2021 exhibiting astonishing growth, with many locations experiencing 30+%  house price growth…

And even though growth is slowing in other parts of Australia, Brisbane’s housing markets are likely to continue to perform strongly in 2022.

Brisbane property values:

  • increased 0.6% over the last week
  • increased 1.0% so far in February
  • 30.6% over the last year

Currently, the Sunshine State capital is shining but it’s not too late to be early in this cycle – there is plenty of growth ahead – for the right properties as overall Brisbane is still very affordable compared to the other east coast capital cities.

What a turnaround from all the negative forecasts some banks & financial institutions predicted prior to the middle of 2020.

What does local activity in the Redlands / Wynnum area property markets look like currently ?

While there is some variance between suburbs and properties based on location; over all there is around 30 % more active buyers

as compared to previous more typical market conditions.

However, currently there are approximately 9-15 % less properties available to purchase than in typical market conditions for those same active buyers.

This environment therefore provides a fantastic opportunity for home owners considering selling & bringing their properties to market.

For a complimentary discussion, your most welcome to contact me on (m) 0481 352 681 Clinton Roach LJ Hooker Property Centre