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The lead-up to Christmas is presenting an ideal time for investors looking to capitalise on the Brisbane market, according to the managing director of Coronis.
Andrew Coronis said that despite challenges in some markets, demand for Brisbane properties is blooming, with the latest data from the independent property firm showing an increase in the number of people enquiring about properties and attending open homes.
“Over the past month, there was a large increase in property enquiries to 8,907 from October last year, and it comes as no surprise with some major developments coming to Brisbane and more people moving from other states and overseas,” Mr Coronis said.
“Our agents have been busier than usual, with the 10 per cent year-on-year increase in open home attendees, which is the best result for October since 2016... It’s a testament to everything that Brisbane has to offer for people looking for their ultimate Australian dream.
“Brisbane is a growing hub of some fantastic developments, expanding job opportunities, cultural activities, entertainment and sunny weather all year long... It’s got something for everyone, and I think being within close proximity to some of the world’s best beaches is an added bonus.”
A decreased number of listings on the market, coupled with growing demand for properties and open homes, presents an opportune time for investors to put their property on the market, according to Mr Coronis.
“Now is the time to put your property on the market before Christmas to set your property up for success,” he said.
“With softening interest rates, lending restrictions, and First Home Buyer schemes, SEQ is a land of opportunities for everyone wanting to get into the property market... This only adds to the buyer confidence, and I think we’ll be seeing more people realising their property dreams in theState.”