1,000 reasons why Brisbane has entered the next phase of the property cycle. [infographic]

With the Sydney and Melbourne property markets performing strongly last year, the Brisbane property market has finally entered the next phase of the property cycle and things are looking on the up for 2014.

Sales volumes have increased, investors are back buying properties and so are home buyers who are upgrading their homes.

By now you’d know I don’t necessarily advocate buying off the plan properties as good investments , but as another sign of the strength of the market, project marketer Place reports that a total of 1,011 new apartments were sold in Brisbane in the December quarter at an average price of $546,657.

If you think about it…this adds up to almost 80 off the plan sales  per week and it was the largest total number of unconditional sales since June 2002 and a 50% increase on the sales recorded in the previous quarter.

Place Projects provide the  following graphic which illustrates the change in the market over the last year:

Brisbane apartment sales



Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.


Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.

Michael Yardney


Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au

'1,000 reasons why Brisbane has entered the next phase of the property cycle. [infographic]' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.


Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...