Brisbane property returns to positive territory after year of declines
Brisbane's status as a magnet for migration, combined with low listings and high rental yields, has delivered property price growth to the Queensland capital for the first time in a year.
The strongest market sector in the Queensland capital is the inner Brisbane precinct, including New Farm (pictured). (Image source: Shutterstock.com)
Brisbane's property market has returned to price growth for the first time in a year.
Houses and units both recorded capital growth, raising the prospect that a sustained period of decline may be at or near an end.
For the last few months, buyer activity in Brisbane has been increasing, based on the volume of people turning up at home opens, the number of registered bidders at auction and quantity of properties being sold with multiple offers. …
