Brisbane property values increase as market consolidates

The Brisbane market has now found its feet and is increasing in value for the first time in 2 years.  Many property investment advisors are putting Brisbane at 7 on the property clock, meaning that it is just starting its next growth cycle. Great news for those getting started in property investment.

The outlook across the nation looks somewhat varied with Brisbane, Sydney and Perth on the increase while the other capital cities are looking somewhat luck-lustre. Dr Andrew Wilson of APM who is no stranger at giving Australian property investment advice, described the Brisbane market as “encouraging” and a “positive indication the market may have finally bottomed out”. The median house price across the nation now sits at $533 075