According to new research, Brisbane’s median house price is predicted to rise to $2.24 million by the year 2043.
If property values continue to rise the same rate as they have in the past 25 years, we will see Brisbane’s median house price triple in just 25 years.
The research revealed Brisbane’s median house price has risen $16,290 per year over the past 1/4 Century, resulting in strong capital gains in some of Brisbane’s inner and middle ring suburbs.
In 1993, you could buy a house in Bulimba for just $133,000. But with an 876% capital gain, a house one of Brisbane’s iconic riverside suburbs will now set you back $1.3 million.
Don’t be left behind in the next property boom! Get into the market today.
When we consider the amount of infrastructure and employment opportunities within the Brisbane area. As well as the migration stats that showing Queenslands population is on the rise, its clear to see Brisbane has a bright future ahead when it comes to the property market.
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