South-east Queensland's housing market has become increasingly popular to interstate buyers.
The annual number of Australians relocating to Queensland from other states is at its highest level in roughly 15 years. COVID-19 has been the driver of change, accelerating an exodus from the larger cities of Sydney and Melbourne, and shifting residents across state borders - Queensland has been the population winner.
Changed lifestyle preferences post-lockdown and the option of remote working has driven demand to south-east Queensland as buyers are drawn by affordability, liveability, climate and greater value for money.
Median sale price and asking rent
Brisbane house prices have soared to record heights for the seventh consecutive quarter, with tight stock levels and strong demand across all demographics increasing competition.
Investors have also made their way back into the market and competition is heating up.
The latest Corelogic home value index shows Brisbane dwelling prices have risen by 1.7 per cent on a rolling four-week basis.
For the last 3 months
Origin of enquiries
Sale or rent enquiries in Brisbane Inner - West that come from outside of the area.
Days on market
The average number of days advertised for sale in the last 3 months.
You might also be interested in
Dec 16, 2024
Maturing Brisbane Market Bogged Down
The depth of buyers in Brisbane has finally arrived, but the undersupply of builders is holding the River City back. So says Kokoda Property managing director Mark Stevens as his firm prepares to sta
Dec 9, 2024
Qld removes restrictions on first home buyers renting out rooms
Previously, buyers who received stamp duty concessions or grants from the Queensland government were unable to rent out a room in the property for the first year of ownership. The Queensland Treasur