BRISBANE PROPERTY MARKET UPDATE – JULY 2023
Hi, I’m Karen Young from Property Zest Buyers Agency and Property Management. In this five-minute market update, I’ll be discussing the current state of the real estate market in Brisbane for July 2023. Listings have decreased by 23% and the time on the market is still low at 27 days. Dwelling values have increased by 1.3% and unit values have also gone up by 1.3%. The rental yield is at 4.3% with a tight vacancy rate of 1%. Overall, the market is brisk due to the lack of available stock. If you’re interested in buying property in Brisbane, our experienced team is here to assist you. We also offer excellent property management services.