Here is where I think the capitals and major Queensland regions sit when in comes to detached houses, vacant land and attached dwellings.
A market’s position on the property clock is based around the strength and direction of several key real estate indicators including:
- Price & rent momentum
- Underlying housing demand versus new dwelling supply
- Employment generation
- Buying/rental affordability
- And importantly sales volumes against stock for sale
There are four phases to the Property Clock:
Below is where I think the capitals and major Queensland regions sit when in comes to detached houses.
My experience is that the land market sits in more or less in the same positions as the house market.
And below is where I think the capitals and major Queensland regions sit when in comes to apartments.
Want to know what I think will happen in the future?
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