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Home > Real Estate Brisbane
Real Estate Brisbane QLDBrisbane, the capital city of Queensland. The inner-city, metropolitan Brisbane is surrounded by leafy, hilly, suburbs. Nearby Moreton Bay and its islands provide an abundance of water sports and Australia's famous Gold Coast is about an hour's drive away. Brisbane has recorded the biggest quarterly fall in median house prices for more than a decade as the national property downturn hits the sunshine state. While regional Queensland continued to post steady gains, Brisbane bore the brunt of an exodus by investors with prices slumping 3 per cent over the March quarter. Other signs of a growing downturn include a slump in private sector housing approvals and slowing renovation The latest property price survey released by the Real Estate Institute of Queensland (REIQ) reveals a picture similar to that seen in the December quarter but with a more pronounced slowdown in the state's southeast – both in price growth and the number of sales.
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