2020 Review & Whats ahead for 2021
We ended 2020 on a high for Sellers as the buyer pool remained extremely strong in Brisbane, especially on the inner 10km ring. There are still a huge number of people looking for a new home, and not enough stock to supply the market. The stats absolutely back this up and it seems that the market has continued to climb over the Christmas and New Year break.
I even had emails on Christmas Day from people who were desperately looking for something to purchase. At the end of 2020, Corelogic reported a +4.14% change in its Brisbane Home value index over the last year, with houses +4.66% and units +2.33% (year on year.)
Read this article from Brisbane Property Market with some critical insights into sub-markets and different areas within Brisbane: propertyupdate.com.au/whats-ahead-brisbanes-property-market/
If you would like honest advice about your property - whether it's to sell, renovate or rent it out, give me a call on 0458 921 906.