Ensure you never miss an issue of the
real estate business bulletin
Brisbane market set for strong recovery

Brisbane market set for strong recovery

by Reporter 0 comments

Staff Reporter

Despite being negatively affected by the recent flood disaster, there are signs to suggest the Brisbane property market will make a full recovery sooner rather than later.

According to an article in The Financial Review, home buyers have not been deterred by the floods, with many hoping to purchase a property in the near future.

Recent research by Place Estate Agents found that just over half of the 560 investors surveyed would look to purchase a property in Brisbane over the next six to 12 months.

Research analyst Lachlan Walker said while areas affected by the flood should expect a short term fall in sales, he is confident  that home sales will increase over time as people continue to see waterfront properties as a wise investment.

 

 

le>.b-autolinks{text-decoration:underline}.b-autolinkshadowbox { display: inline; position: relative; cursor: pointer; color: #428bca;} .b-autolinkshadowbox:hover > span { display: block !important; } .b-autolinkshadowbox__links { white-space: nowrap; z-index: 999; display: none; left: 0; border: 1px solid #bfbfbf; border-radius: 5px; font-size: 12px; top: 12px;color: #000; padding: 10px; position: absolute; background-color: #FFF; box-shadow: 0px 0px 20px 1px #bfbfbf; } .b-autolinkshadowbox__links > a { display: block; padding: 3px 0; }
Brisbane market set for strong recovery
lawyersweekly logo
promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

The REB Top 100 Agents ranking is the foremost ranking of agents in Australia. It has set the bar for excellence in Australian real estate. To be ranked as an REB Top 100 Agent is the standard real estate professionals strive for. See the full 2018 ranking here!

featured podcast

featured podcast
The difference between an average agent and one who dominates

McGrath Crows Nest’s Peter Chauncy is number 10 in this year’s REB Top 100 Agents ranking. Peter, however, is more likely not surprised ...

View all podcasts

Would you consider working for Purplebricks or a similar 'DIY' model?

Yes (7.2%)
No (80.9%)
Perhaps - make me an offer (12%)

Total votes: 209
The voting for this poll has ended on: July 13, 2018
Do you have an industry update?