Brisbane to lead capital cities in 2014

Stable supply and demand numbers are expected to lead Brisbane ahead of other capital cities for this year, according to Raine&Horne Real Estate. Brisbane buyer activity has increased by 25% from the same time last year. Meanwhile, property listings have decreased by 60%.

Property values are forecasted to increase by 7% this year. Brisbane’s low values have been appealing to both investors and home buyers. The median price for Sydney is at $665,000 while Brisbane remains affordable at a median price of $445,000.

It is expected that buyers will be encouraged to purchase property in Brisbane because of these factors.

Read more about this on the Smart Property Investment website.

Author: Dorian Traill

Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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