South Brisbane Real Estate Agent’s Autumn Property Update
Early stats show virus hasn’t stopped local demand to South Brisbane Real Estate Agents
Coronavirus has definitely caused some buyers to take a breath and watch what will happen, but a lack of South Brisbane house sales in the first quarter is simply because there was nothing for sale!
There were 32 apartment sales to the end of March, and with more than half of those 1 bedroom designs the reported median price has eased. So far we’ve not heard of any forced sales and generally many local owners are simply holding off from going to market at this time. There are currently 135 apartments available for sale in South Brisbane.
Across Brisbane the early stats show home prices rose a fraction in April and buyer enquiry remains surprisingly strong!