Brisbane's House Price Growth

Penfold Property Group, like the rest of Brisbane, had a bumper year in 2021 with estates selling out in record time for record prices.

"Brisbane’s house prices have increased by a staggering 30.4 per cent in the past year, with the median price now $783,000, following a peak-to-trough fall in values of -1.4 per cent between April and September 2020.

This compares to the 12.7 per cent annual growth for apartments across Brisbane which increased at the fastest rate in December, although it was only 1.6 per cent." The Urban Developer.

Source from: https://propertyupdate.com.au/whats-ahead-brisbanes-property-market/ 

In 2022 we are looking further afield with acquistions in Logan as well as the Southside of Brisbane to keep our pipeline well stocked. Our latest aquistion in Pallara is due for release in the coming months with anticipated land sizes 400m2+ (subject to Council Approval).

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