Some wonderful statistics to end the year on. The latest CoreLogic Pain & Gain report reveals incredible results for Brisbane’s property market, cementing its position as Australia’s most profitable city for the second consecutive quarter.
This is an exciting time for property owners, buyers, and investors as Brisbane continues to shine in a challenging market landscape.
Here are the standout highlights
? 99.4% of homes sold in Brisbane made a profit—a small, but remarkable increase from 99.2% last quarter, showing continued upward momentum for Brisbane as a desired city to live in.
? The median nominal gain for resales hit a record-breaking $295,000 nationally, the highest since CoreLogic began tracking the data in the mid-1990s.
? Houses remain the best-performing asset class, with only 2.9% of sales making a loss compared to 9.4% of units, solidifying their status as a safer, more profitable investment choice.
While other cities like Melbourne and Darwin experienced increases in loss-making sales, Brisbane is thriving thanks to robust buyer demand, strong property value retention, and the city’s reputation as a top destination for lifestyle and opportunity. This momentum is particularly evident in surrounding areas like the Redcliffe Peninsula, just 30 minutes from Brisbane’s CBD. Homeowners in Redcliffe not only benefit from Brisbane’s thriving property market but also enjoy a coastal lifestyle with stunning beaches, vibrant community markets, and a laid-back atmosphere. It’s the perfect balance of growth potential and lifestyle appeal, making it an ideal location for families, retirees, and investors alike.
Crown Properties is your trusted real estate partner in navigating Brisbane’s booming real estate market to find you your ideal property purchase on Redcliffe Peninsula. Whether you’re buying your first home, upgrading to a dream property, selling for a profit, or simply exploring your options, our experienced team is here to guide you every step of the way. Get in touch with our team today.
