EP 234 - Brisbane Property Market Update October 2024

Brisbane Property Podcast

In this month’s Brisbane Property Market Update, Scott and Melinda Jennison analyse the latest CoreLogic data and provide insights into current trends shaping Brisbane’s property landscape. Discover why transaction speed has slowed while demand remains high, and how new supply constraints are affecting prices. They highlight Brisbane's remarkable 40-year market stability, a recent surge in investor interest, and areas experiencing the fastest growth. Learn how factors like the upcoming 2032 Olympics, employment growth, and continued affordability are drawing buyers and investors to Brisbane.

Key Episode Highlights:

• Market Shift: Transaction speed is slowing, giving buyers more time, yet demand remains strong due to limited supply and high competition.

• Investor Surge: Investor interest is rising sharply, with demand concentrated in Brisbane’s affordable regions and entry-level market segments.

• Long-Term Growth Factors: Key influences like the 2032 Olympics, job growth, and Brisbane's relative affordability continue to position Brisbane as an attractive market for local and interstate buyers.

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Listen to this insightful episode to understand the intricacies of Brisbane's property market and equip yourself with the knowledge to navigate it effectively.