AUSTRALIA is the fourth-fastest-growing property market in the world after a 20 per cent price jump in the past year, according to a survey of 47 countries by the international estate agent Knight Frank.
Locally, we are seeing increasing demand for 1 and 2 bedroom apartments in SOUTH BRISBANE, with property priced around $450,000 attracting the most interest. Supply is still tight so, while it’s always difficult to forecast with complete accuracy, we do expect that prices will firm in the next 3 to 6 months as investors continue to value one of Brisbane’s hottest urban renewal precincts.
Tags: The Galleria South Bank
