We may only be five months into 2016 but sit tight folks because the 2016 June Market report has just been released and the numbers are proving that there is a lot for Brisbane buyers and investors to get excited about as we enter the new financial year – a massive 5.5 per cent worth of excitement to be exact!

That is right, the current CoreLogic RP Data’s Housing Market and Economic Update report shows that Brisbane dwelling prices have gained 5.5 per cent growth, jumping a massive 1.8 per cent in February 2016 alone. This is a significant increase. Especially when you compare it to Sydney’s 0.5 per cent during that same period.

 With reports showing that Brisbane is well and truly starting to give its southern counterparts a run for their money, it’s clear that the Brisbane real estate market is not slowing down any time soon.

 And, as history would have it, whenever there is a boom in Sydney or Melbourne, the Brisbane market follows suit with an upward sweep not too far in the shadows… and it seems that all the data reports to date have revealed that is exactly what is happening right now.

 However, it’s not just data reports that are showing good signs ahead for Brisbane CBD property. Seems the experts are on board too – with expectations high, many are saying that Brisbane is gearing up for a solid finish to 2016.

 This latest 5.5 per cent price growth is music to the ears of Australian investors and has really confirmed that the city of Brisbane is one to watch. This alone, has ensured it is well and truly on the radar for many new potential buyers – locally and interstate.

 While we are on the topic of interstate buyers, we can also throw comparable affordability into the mix of reasons as to why Brisbane is well and truly on the rise. After all, given that we are starting to see many Melbourne and Sydney buyers priced out of their own market, it is no surprise why the Brisbane CBD has become even more attractive than ever before to interstate and overseas investors.

 Then you throw in low interest rates, population growth and a heap of amazing new CBD infrastructure on the cards and you have yourself a city that is bursting with potential – and one that more and more buyers seemingly want a piece of. 

 Thankfully, here at HSBP we know Brisbane all too well and can offer a sound understanding of the local property market. So, if you too want a piece of the action in a city that is on every experts’ lips and at the peak of every data report, you need to get in touch with our expert team.

 To book a private one-on-one consult, contact us on 0419 782 133.