Sunday, January 4, 2009

Insignificant Price Decease in Brisbane for Apartments

See RP Data Rismark Indices released at the end of December.

Brisbane Apartment prices decreased by 1.25% for October quarter and deceased by 2.45% October 2008 year to date. Not a huge decrease.
"In 2009, Mr Lawless believes the affordable segments of the property market will offer the best opportunities for capital growth.
“This will be somewhat of a turnaround for the property market where over the last four years; it has been the affluent properties which have

generally provided the best capital growth.”

“Market activity is already showing signs of increasing at the lower end of the pricing scale,” he said."

See also Press Release

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