24/01/2024
APARTMENT PRICES FORECAST TO OUTPACE HOUSES //
A recent article revealed Brisbane house values are forecast to jump 3.9% in 2024 with apartments forecast to grow by 5.1%.
Maree Kilroy stated, “The Brisbane market continues to benefit from relative affordability compared to the southern capitals, alongside strong future employment prospects, demand fuelled by interstate and overseas migration, and a scarcity of new dwelling supply.”
Following this year’s predicted growth, Brisbane apartment prices are expected to accelerate to 8.2% growth per annum in both FY25 and FY26.
With apartments forecast to outpace houses in coming years, failure to act now will result in paying a higher price.
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