Brisbane and the Gold Coast house and unit prices set to rise

Posted in Updates @ Nov 19th 2014 12:25pm - By Garry Larden

According to the latest RP Data report for January & November 2014 home and unit prices in Sydney and Melbourne are up.

But these markets will have to slow at some stage soon while South-East Queensland is definitely going to escalate in price over the next 10 years.

Many economists are predicting that house and unit prices in South-East Queensland could double the growth of Sydney values over the coming.

All of the indicators are in place and showing that area’s such as Brisbane, and the Gold Coast in particular are ready to increase in prices.

South-East Queensland has been asleep with only a 3.7% rise in values in 2014 for Brisbane and the Gold Coast.

The average house price for Brisbane and the Gold Coast is around $480,000 compared to Sydney’s at $792,000 and Melbourne’s at $615,000

So it’s obvious that the opportunities are there to be had right now.

The writing is on the wall, and the opportunity is clearly exposed for substantial growth;

South-East Queensland is the next hot spot to move.

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