West End

West End Real Estate Agent’s Autumn Property Update

West End real estate agent’s property update shows active buyers despite virus caution

Coronavirus has definitely caused some buyers to take a breath and watch what will happen, but the 4 West End house sales in the first quarter is simply because there was very little for sale! At time of writing there are only 4 residential homes available to purchase.

West End Real Estate Agent

There were 25 apartment sales to the end of March and with ten of those 1 bedroom designs the reported median price has eased (even with one local apartment selling over $1.5m).  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 107 apartments available for sale in West End, with 23 of those in new buildings.

Across Brisbane the early stats show home prices rose a fraction in April and buyer enquiry remains surprisingly strong!