| Being Australia’s
booming city means building madness for Brisbane. Land releases, whole
new villages planned and built, original size blocks of land halved and
existing properties increasing in value.
Buying property
is still possible here and the good news is that for the first time
in 9 years, Australia has recorded it’s lowest annual increase in
property prices. Land prices have even decreased in some places to 50%
of the price they were two years ago. Yes, real estate agents are finally
taking their holidays for the first time in months.
There’s sufficient
calm to take stock of what is available and at what cost. Given that
Australia is a relatively sparsely populated country there is a great
possibility to self-build, buy a brand new home & land package or
buy an existing home and renovate or do minor alternations.
An adventure
of several months researching suburbs, home ownership options and market
prices finally resulted in us setting up camp for what we hope will be
several years.
Read
Brisbane’s Building Madness In The North Of Australia - This article free
in our magazine archives - |