In this article, we will look at the median unit price trends in the Brisbane and Sydney markets.
Here is a graph of the median unit prices in Sydney and is based on approx 500 sales per year:
Now let’s compare Sydney to Brisbane:
The sunshine state capital Brisbane is set to boom and has seen significant investment over the past 5 years in both the public and private sectors. The recent new infrastructure, multi-unit residential dwellings and planned entertainment precincts in the CBD all are factored in. Many claim that Brisbane will be the strongest market in Australia for the next five or six years.