Brisbane CBD Real Estate Agent’s Spring Market Update
Median price nears record highs as lifestyle appeal grows
With a quarter to go 2021 has already passed sales turnover of last year, as strong buyer demand rises along with prices. At $516,000 our median sale price is almost back to record highs.
The CBD’s residential appeal is growing, with the seismic scale of the under construction Queen’s Wharf resort now evident for anyone passing by. The construction of new bridges to both Kangaroo Point and South Bank is also capturing buyer interest in the city lifestyle.
We have a growing database of buyers for all sizes of apartments – 1, 2 and 3 bed. Apartments with views are selling for a growing premium with fears there’ll be fewer of these available to be developed in the future.