26/08/2024
Brisbane’s property values are set to continue their impressive growth into 2024, with home values already up over 15.8% in the past year. The upcoming 2032 Olympics are driving over a decade of infrastructure development and attracting interstate migration, significantly boosting housing demand.
As the city transforms, newer neighborhoods and renewal corridors are becoming hotspots for buyers and investors. Transport upgrades and other infrastructure projects are enhancing the profile of certain suburbs, making them even more attractive.
Additionally, rental demand continues to strengthen while rental supply tightens, creating lucrative opportunities for investors as rents rise. However, renters may find prices heading out of reach due to declining vacancy rates.
Apartments are gaining popularity, shifting the market focus from houses to more accessible living options—this is our specialty at Junction Estate Agents.