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Time to Spring into the Brisbane Property Market

Friday September 13, 2024 ● By Eliza Irwin // Place Estate Agents

As the flowers bloom and the days get longer, Spring is not just a season of renewal in Brisbane – it’s a vibrant reminder that the property market is thriving! With the Spring selling season upon us, now is the time to stop and smell the roses in property.

In recent years, Brisbane residential property has experienced consistent growth to become one of the top-performing capital city markets in Australia. Spring typically sees increased market activity with buyers eager to find their dream home before the end of the year. The increased demand creates the ideal environment for sellers to capitalise on.

Here's why you should consider listing this Spring Selling Season:

Increased Listings

According to realestate.com.au, in July, Brisbane saw a 16.1% increase in new listings compared to the previous year. This surge in availability reflects the growing confidence among sellers and buyers alike. As we transition into Spring, this upward trend is anticipated to continue, resulting in more opportunities for those looking to enter the market.

CoreLogic’s latest analysis suggests that sellers will have an advantage in the more affordable Brisbane markets this Spring. Therefore, it is expected an influx of new properties will hit the market. These conditions will create an exciting market for buyers as more stock is anticipated for them to choose from, fuelling sustained levels of buyer demand.

Perfect Presentation

With gardens blooming and the sun shining, Spring provides the perfect setting for sellers to showcase their properties to prospective buyers. More specifically, as nature awakens, the enhanced curb appeal can leave a lasting first impression to those viewing property.

In addition to this, extended daylight creates more opportunities for open homes to be held, allowing those viewing to spend adequate time browsing. The Spring season traditionally records the highest rates of attendance at open homes, so if you are considering selling, now is the perfect time to let your property bloom!

Auction Advantage

With increased interest, Spring is a particularly advantageous time to sell property through Auction. Place have long advocated Auction as a method of sale and our upcoming event, THE DAY Spring, is one you don’t want to miss!

THE DAY is an Auction event featuring both The Room (in-rooms) and The Site (on-site) Auctions held over three consecutive days across Brisbane. This event helps sellers to stand out to buyers through a marketing campaign that is tailored to your circumstances, ensuring your listing achieves maximum results among potential buyers. To learn more, request an appraisal for your home and let Place Estate Agents help you find your happy place this Spring!

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