Where are buyers really coming from?

I got sick of constantly hearing about the 'southern invasion' in the media, so I decided to run the numbers. I'll go into more detail below for those numbers nerds like me.

What did we learn from this? There are hundreds of sales per month in Brisbane and the media reports on a few per week and as per usual the data is skewed and misrepresented. It is important to get your info from someone hands on and not from the evening news or paper. There aren't southern buyers with suitcases full of cash getting off a plane and outbidding all the locals.

I'm always here to answer any questions you may have and you don't have to be selling to ask.

Here is a breakdown of the numbers:

Last 30 Sales - including units and houses
Price range $345,000 - $1,510,000
All local = 25/30 = 83.3% of sales
All interstate = 5/30 = 16.6% of sales
Interstate investor only 2/30 = 6.6% of sales

Send me a message if you would like to know how these points apply to your specific situation.

I specialise in Brisbane real estate and would love to discuss how this affects you.