Local pride and loyalty are the main reasons people are reluctant to leave some Greater Brisbane suburbs,and why it is harder for others to find real estate.
An investor keen to capitalise on Sydney’s soaring rents beat nine other parties for the tidy apartment close to cafes.
Does your house earn more than you? The typical Brisbane house has gained more than $100,000 in value in a year,and much more in some locations.
As Brisbane rents reach record highs,home hunters are queueing out the door even for tiny properties with obvious problems.
Across 18 sought-after suburbs in south-east Queensland,weekly rent will now set you back $1000 or more.
It’s now the second most expensive capital in Australia to rent a typical unit. There are few homes available – and some suburbs are worse than others.
After a fierce battle of the first home buyers,the winners picked up a quaint two-bedroom home with period features.
A renovated Artarmon home attracted scant buyer interest at first,but a cut to the price guide prompted a surprisingly good result.
They boast a convenient location,a village feel and plenty of shops and restaurants,and buyers are willing to spend up to get in.
The single-fronted,three-bedroom home boasted period features and more space than meets the eye.
Even an entry-level Brisbane house has doubled in price over the past five years,and loan repayments are tipping many owners into mortgage stress.