Brisbane landlords, Brisbane's rental market, Brisbane's sales market

Stats update

Fresh back from a seminar today with leading market commentators RP Data, here’s a bunch of recent stats we noted down: Brisbane’s current rental vacancy rate is just 1.3%. That works out to less than 5 days per year so Senior Research Analyst Cameron Kusher says that’s just people moving in and out – with no real vacancy at all.

We’re now Australia’s second most affordable capital city for both apartments and houses (last year’s 3.4% drop in our median house price helped) and Cameron says while rental yields are growing investors are generally still thin on the ground. And while we all saw a big slowdown in property across Brisbane last year RP Data confirmed how few sales actually occurred: Our sales volumes for 2008 were¬†down 84% on our ten year average!