Room For Optimism In South-East Queensland
A leading property analyst has commented that the South-East Queensland property market is an exception to the downturn affecting Sydney and Melbourne.
Amid the negativity surrounding the national market, it's important to note Sydney and Melbourne are the primary contributors to lowering values. While combined, the national market seems to be experiencing price drops, it is important to consider each capital city as individual markets, and Brisbane has remained steady throughout the past year.
To further break down the performance of Brisbane's property market, dwelling types are another contrasting statistic to examine, where house prices have remained much more stable than units. Unit prices are also expected to be counterbalanced by investor demand in an improving economy and population growth.
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