Post a Comment On: Brisbane Apartment

In talking with real estate agents in inner Brisbane, they are telling me (for what it is worth) that:
Resale prices of new apartments that the seller purchased off-the-plan a few years ago are often at least 10% to 15% less than the seller paid. Larger apartments targeted at owner-occupiers are selling well, especially in the $1.5M plus price bracket. Interstate migration from Sydney and Melbourne is increasing, and those moving are looking to buy. Apartments targeted at investors are not selling well. There are few Chinese buyers in Brisbane, especially compared with Sydney which is regarded as a safe international city.