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Brisbane’s Property Market Catches its Breath In June

Brisbane’s residential property market is “catching its breath” in some inner- city locations after seeing rate reductions over the last eight months provide demand driven stimulus.

Initially, COVID-19 had a halting effect on supply with sellers reluctant to advertise publicly, whilst buyer demand remained strong.

Although demand is strong and supply has not increased, it seems a shroud of uncertainty over the market is more apparent in June.

Despite such uncertainly in some parts of the market, there are many buyers waiting on the sidelines for the right product to present itself and many well located properties are selling in multiple offers.

June News Summary
June Newsletter

BCC Budget Announced – $840 million for infrastructure projects such as the Brisbane Metro, fast-tracked Kangaroo Point & Breakfast Creek bridges…

HomeBuilder Grant Announced – Australians will be offered a $25,000 HomeBuilder Grant to build a new home or commence a major renovation…

Cross River Rail: Everything You Need to Know – An in-depth look at how Cross River Rail will benefit Brisbane…

Are Clearance Rates Accurate? – In the current market it is difficult to know what information to rely on, particularly when…

River City 2025: Brisbane approaching zenith with bold projects underway – Billions of dollars’ worth of major infrastructure projects, either under construction or in the planning stage, are rapidly…

Adding Value with Expert Advice – Always seek professional property advice prior to renovating to ensure you add value that is…

Dexus Lodges $2.1bn Eagle Street Plans – Dexus Lodges $2.1bn transformation of Eagle Street Pier and Waterfront Place in…

Kangaroo Point Green Bridge: Design announced & brought forward – A stunning new design of the proposed Kangaroo Point to Alice Street green bridge has…

Nick & PS Property Advisory share their 21st birthday – Happy 21st Birthday Nick from all the Team at PS Property Advisory!! Amazing to think we started this business the month you were born 21 years ago…

Grange – $1.8M Off Market – When suburbs are so tightly held & highly sought after, our expert Buyer’s Agents look beyond what is on & off the market to secure excellent properties prior to completion.

Grange – $1.12M Pre Auction – Taking advantage of market uncertainty, Belinda quickly secured this excellent contemporary home prior to auction, within a week on the market!

Bardon – $1.08M Off Market – As Brisbane’s leading & most experienced Buyer’s Agency, our long standing relationships with agents provide us access to all properties on & off market.

Morayfield – $752K – After spending lockdown in a townhouse, our third-time client is ecstatic with Sue Aspinall’s purchase of their new home on over 8,200m2 of flat, cleared land, within 10km of the coastline and opposite parkland.

Ashgrove – <$500K – With limited stock & high demand in the price bracket, Belinda was first to inspect this townhouse & the contract was signed within a matter of hours – representing excellent sub-$500K buying in the heart of Ashgrove.

Learn more about PS Property Advisory and how we can help.

Contact us on +61 7 3368  1604

pspropertyadvisory

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