Why Brisbane's prestige property market has outstripped Sydney and Melbourne's - Domain

(Domain, September 2020)

This Domain article looks at the higher end of the Brisbane property market and examines how it has fared during these COVID-19 unpredictable times.  This article references the Knight Frank report claiming Brisbane out performed other east-coast capital cities in fewer days on market, price growth and rental growth.

The article can be found here:
https://www.domain.com.au/news/brisbanes-prestige-property-market-outstrips-sydney-and-melbourne-knight-frank-report-989631/

What did Rooftop find interesting:

Let's face it, we all know the amazing life style opportunities that Brisbane offers over other capital cities so it makes sense those with the means to do so, would flock here.

On the local front our beautiful river city stayed open for business more than Melbourne or Sydney could.  In some cases local business people had opportunities to keep their heads above water during these testing times unlike the southern state capitals.

Finally as the article points out, Brisbane offers great value for money of Sydney and Melbourne so those looking for a luxury lifestyle on a budget will get more bang for their buck here than down south.

What are your thoughts on the high end Brisbane market and what impact do you see this having on the rest of the Brisbane sector? Let us know in the comments below.




 

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