The RP Data - Rismark Hedonic Index reported that Brisbane’s growth per annum is now at 20.57%, and attributes this to ‘strong economic growth and immigration, coupled with comparatively affordable properties’. For vendors, this translates as a guarantee that the Brisbane market is still capable of generating premium prices, and buyers can be confident that they’ve made a profitable investment in a stable property market.

While it may seem odd to testify to the health of the market in light of media hype regarding interest rate increases, on-going public speculation regarding the impact these changes may have on homebuyers has enabled savvy buyers to anticipate how their buying power and their financial situations will be affected, and they are now are acting with the changes already assimilated. Because the Harcourts Property Centre has a 95% rate for sale of listed properties, where many agencies are operating at around 70%, we’re confident in making an assertion that buyers are still active, and vendors are still achieving - and in most cases exceeding - their sale goals.

A wealth of information regarding comparable sales, supply and demand and annual sale averages is readily available via the internet, newspapers, and of course through the more transparent of real estate agencies, and good information allows buyers and vendors to make appropriate decisions.  The well-educated buyer understands that in Brisbane’s market, buying is slightly more expensive than it used to be, but certainly still viable.

The well-educated vendor will have done their research, have expectations on what is achievable within their locale, but still understand that it is vital to engage the correct agent for their requirements - an agent who can navigate any market and secure the best price. It’s important not to simply choose the agent that makes the biggest promises during an appraisal, but a specialist sales agent - ­someone with a proven track record, who provides very clear and unbiased information, and is able to clearly demonstrate how they will achieve the premium price for you within the current market.