Coronis data signals increasing stability in Brisbane property market
Despite the challenges in the market across the country, demand for Brisbane's properties is blooming with Coronis data showing an increase in the number of people enquiring about SEQ properties and attending open homes.
Managing Director Andrew Coronis said how this signals for growing confidence in the Brisbane property market, with more people choosing to call Brisbane home every year.
"Over the past month, there was a large increase in property enquiries to 8907 from October last year, and it comes as no surprise with some major developments coming to Brisbane and more people moving from other states and overseas," he said.
"Our agents have been busier than usual, with the 10 per cent year-on-year increase in open home attendees, which is the best result for October since 2016...it's a testament to everything that Brisbane has to offer for people looking for their ultimate Australian dream.
"Brisbane is a growing hub of some fantastic developments, expanding job opportunities, cultural activities, entertainment, and sunny weather all year long...it's got something for everyone, and I think being within close proximity to some of the world's best beaches is an added bonus.
"With the decreased number of listings on the market and the growing demand for properties and open homes, now is the time to put your property on the market before Christmas to set your property up for success.
"With softening interest rates, lending restrictions, and First Home Buyer schemes, SEQ is a land of opportunities for everyone wanting to get into the property market...this only adds to the buyer confidence, and I think we'll be seeing more people realising their property dreams in the Sunshine State."