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Brisbane property market update

Queenslanders enjoyed an unprecedented run of three consecutive long weekends – including Easter, Anzac Day and Labour Day – which, combined with a two-week school holiday period and the federal election campaign, saw many buyers and sellers place their property decisions on hold. With more pressing personal and national matters to attend to, market momentum eased. Despite the distractions, the Brisbane market demonstrated its continued upward price growth. Dwelling values rose 0.4 per cent in April, a consistent result with March’s performance​. This upward trend reflects the city’s strong underlying fundamentals, where both owner-occupiers and investors continue to seek value in a tightening property landscape.

 
 
 

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