Caboolture 
According to the latest data from CoreLogic, home values have fallen in all but one capital city. Brisbane reversed the downward trend climbing by 0.1 percentage point. This may not seem a great deal, however to be experiencing an increase rather than the decrease other capital cities are going through, investors and property owners should be thrilled with this news.
There has been plenty of comment recently that seems to spell doom and gloom for the entire real estate industry. At the Professionals Caboolture Morayfield we have noticed a subtle change in the market, however like Brisbane, it is not impacting our local community as much as Australia’s two largest cities.
Sydney values are down 7.4% over the past twelve months and Melbourne values are 4.7% lower over the same period. Values also declined in Perth and Darwin however, the downturn in these two cities has been ongoing since mid-2014, with values falling 3.3% and 2.9% respectively over the past twelve months. Although dwelling values are rising on an annual basis across the remaining cities, the pace of growth has eased.
Unfortunately some buyers hear the doom and gloom in the media and think they can use it to their advantage to beat down a seller. Our highly experienced Sales Team know the value of your property and work with potential buyers to make sure that doesn’t happen to our clients.
At the end of the day if you’re buying a property with a long-term outlook, short-term price fluctuations shouldn’t be too much of a concern.
Whether you are a home buyer or looking to invest, it is important for you to do your research. Don’t just read one article – read many, speak to experts in the real estate and finance industries and know the market in the area you want to purchase.
Happy selling and buying, particularly in South East Queensland!
