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New data shows the number of Brisbane homes for rent shrank by 17.8 per cent last year, with fresh analysis finding some areas absorbed as much as 14,000 new residents during the pandemic. The latest PropTrack Rental Report, out Thursday, found the rental crisis worsening as limited supply and strong demand continued to push rental.
What a difference 12 months makes, especially in the property market. In 2021, national property prices increased by 22.8% year-on-year, although price growth had started to slow. Inflation was looming but not seen as a pressing concern and most people thought interest rate hikes were some way off. Fast forward to the end of 2022.
Buying a brand-new home off the plan is an increasingly popular way for all segments of the market. First-home-buyers do it to move into new housing estates, families do it to buy new townhouses and downsizers do it to move into apartments. Not only is a new, shiny house waiting at the end, but the.
