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Market Roundup March 2015
The Big Picture
• Cash Rate 2.25%
• Predicted Cash Rate <1% in 2 years
• Brisbane Median House Price ~$600,000 in FY15-16
Updated figures from the Australian Bureau of Statistics and BIS
Shrapnel have thrust Sydney back to the top of the pile for house
price growth, with an estimated 13% for the 2014-15 financial
year.
The glut of inner-city apartments continues, with prices remaining
stagnant and not meeting initially high projected growth.
Established suburbs are the still the pick, with reliable land
appreciation in the inner ring suburbs.
“Thank you to Madeleine,
Robyn and staff who helped
in the sale of our house. The
whole process was very well
managed, very simple for us
and for the most part stress free.
Max and I couldn’t have asked
for more. I wouldn’t hesitate to
recommend Madeleine Hicks
Real Estate to anyone looking to
purchase or sell a property.”
Things are hotting up!
Linda & Max
Brisbane’s FY15-16 growth forecast has been slated at 8%,
while newly released REIQ figures show that Brisbane has for the
first time smashed the $600,000 median house price barrier.
Residential
SOLD
22 Ustinov Cres, McDowall
3
2
2
$545,000
Private Treaty
8 Streep Pl, McDowall
2
1
1
$475,000
Private Treaty
2 Brando St, McDowall
4
2
2
$616,000
Private Treaty
15 Jason St, Red Hill
8
4
3
$894,000
Private Treaty
28 Hackman St, McDowall
5
3
4
$879,000
Private Treaty
1 Chevalier St, McDowall
4
2
2
SOLD
Private Treaty
12 Arundal St, McDowall
3
1
2
$450,100
Private Treaty
180 Flockton St, McDowall
3
2
2
$550,000
Private Treaty
26 Landis St, McDowall
4
2
2
SOLD
Private Treaty
www.madeleinehicks.com.au