Brisbane set to increase by 20% according to BIS Oxford Economics

The latest Residential Property Report released by BIS Oxford Economics suggests that Brisbane will increase in value by 20% over the next 2 years. The report states that Brisbane will lead the growth in any of the capital cities over the next few years. The reports says that Hobart is set to slow right down and Sydney and Melbourne, that have been boom towns from 2010 – 2016 will continue to sit relatively flat and not show much capital growth.

The report cited job growth, low interest rates, good yields and low prices to be the catalyst that will make Brisbane the highest growth capital for years to come.