Buyers ‘highly motivated’ to transact amid strong growth across Queensland

Information Corp Australia Community

Kate Veach is profiting from the excessive demand quick provide market and is promoting her house in West Finish. Image: Liam Kidston

Property homeowners wanting to promote are hoping to capitalise on the low inventory and excessive demand after PropTrack’s newest information revealed the complete extent of development throughout Brisbane and the remainder of Queensland all through 2023.

For vendor Kate Veach, promoting her house firstly of 2024, whereas the inventory stays low and demand stays excessive throughout Brisbane, is a no brainer.

“I’m thrilled to be promoting proper now; the provision and demand are fairly beneficial for sellers, particularly in West Finish. I’m assured about getting an ideal outcome,” Ms Veach mentioned.

“The block I’m dwelling on is barely about three years outdated. Some folks throughout the block have made wonderful returns on their flats, and I assumed early 2024 was the correct time to promote my place.

“I’ve been within the space for 10 years. It’s an ideal village really feel and near a few of the finest colleges in Brisbane. It has an ideal way of life in the event you’re into train and working nice parks and bikeways, and in the event you’re a foodie, all of that’s there as properly. It makes it an ideal place to dwell it doesn’t matter what you search as a purchaser.”

Ms Veach mentioned she is optimistic for a robust outcome promoting in January with West Finish’s premium location and providing, making it a wonderful selection for patrons.

“For me, finally, promoting firstly of the 12 months permits me to go on and do what I wish to do. There are nice benefits to it,” she mentioned.

Accomplice and Gross sales Agent from Atlas Brisbane, Elisa McMahon mentioned patrons are extremely motivated to transact.

“The patrons on the market are astute; they’ve definitely researched the market; even the interstate and abroad patrons are excellent at understanding the property market in Brisbane,” Ms McMahon mentioned.

“The advertising and marketing of the properties must be strategic; you’ll be able to’t use a cookie-cutter method. As an agent, you’ve received to take a look at the goal market and create a particular technique for that property.”

Six months in the past, the typical worth for a unit or house in West Finish was $672,056 and has now risen by 0.27% to $673,855.