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Flat flats: The market sector that’s been left behind by property boom

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Tuesday April 13, 2021

Booming dwelling prices in Brisbane are already 6.5 per cent above their previous peak, but CoreLogic said there was an overlooked entry point.

 

Apartments prices have remained flat for much of the past decade.

The pandemic-inspired slump in Brisbane dwelling values lasted just four months before the market roared back.

Even then, the slump was less than 1 per cent and by October last year that had already been wiped out, according to CoreLogic.

“As with Melbourne, the recovery in the Brisbane market has been varied,” the real estate research company…



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