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1 Minute Brisbane Property Market Update – March 2024

1 Minute Brisbane Property Market Update – March 2024

Karen Young from Property Zest, Brisbane. In this video, I’ll be giving you an update on the current state of the Brisbane property market. Our listings have been down for some time, but we saw a 4.8% increase from last month. However, stock is still tight, with an average of 23 days on the market. Dwelling values have increased by 0.9% in the last month and 15.6% over the year. Rental yields remain stable at 3.9%. If you’re considering buying or investing in Brisbane, prices are rising by about 1% per month. I’ll also share an example of a recent property purchase. Reach out if you need assistance with buying or property management.

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How we determine rent for your rental property

How we determine rent for your rental property

The rental market is governed by supply and demand and will likely fluctuate over the ownership of your property. Determining the price at which to list your property for rent is a matter of achieving a balance between best possible income for your investment vs. minimising vacancy. Here’s some insight into how we determine the rental price for your investment property.

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Retaining walls in Queensland – Who pays?

Retaining walls in Queensland – Who pays?

Retaining walls are not covered by the Neighbourhood Disputes (Dividing fences and Trees) Act 2011 as they are not classified as a fence and can be the source of disputes between neighbours. This is particularly the case as retaining walls can be very costly to maintain and upgrade if required.

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Boundary fences in Queensland – Who pays?

Boundary fences in Queensland – Who pays?

Boundary fences help to define properties, improve aesthetics are assist in good relationships. In QLD regulations regarding boundary fences are outlined in the Property Law Act 1974 which guidelines on responsibility for building, maintaining and contributing to the costs of boundary fences.

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