HOME IN ON BRISBANE HOT SPOTS

Courier Mail 3rd March 2014 reported that:

“Last year saw a bit of life return to the Brisbane economy, which helped lift interest.

While overall home values grew only 2.9 per cent over the past year, the market is buoyed by improving economic growth and migrant workers leaving the southern states and heading up to Queensland.

When you combine this with relatively high rental yields on both houses and units, you get the feeling that 2014 could be a strong year for the property in this city of Brisbane.”

Real estate agents in the inner city Brisbane suburbs are all saying that the auction clearance rates in Brisbane are breaking records as demand keeps rising.

Noel Milne from BPI Building and Pest Inspections, Brisbane Central has also seen an increase in activity in both Units & Houses for sale particularly in the suburbs within a 5 km radius of Brisbane CBD.

Popular Hot Spots are Newmarket, Wilston, Red Hill, Spring Hill, Camp Hill, Grange, Stafford Heights, Ashgrove, Holland Park  and New Farm.