Additional than 1300 new condo projects are set to be completed over the next two years in Brisbane, in keeping with CoreLogic. Image: AAP/Darren England.

EVERY 2d new condo sold in Brisbane in the past year is now worth less than what it changed palms for, but developers and owner-occupiers haven’t any longer out of place self belief throughout the the city’s unit market.
Additional than 1300 new projects are set to be completed over the next two years and strong product sales are being recorded for top of the range apartments, in keeping with a new file.
The latest Settlement Risk file from assets researcher, CoreLogic, reveals that since mid-2017, further than 50 in keeping with cent of off-the-plan apartments in Brisbane have settled with a valuation lower than their distinctive contract worth.

           RELATED: Wish to acquire a Brisbane condo? They just got $100,000
read more