BOOMTOWN BRISVEGAS
Brisbane and the broader South East Queensland Market continues to benefit from strong population growth which is driving increasing demand for housing.
Oliver Hume Queensland general manager Dan Ross told the Sunday Mail that Greater Brisbane was beginning to see more stock coming to market with price increases across most jurisdictions in South East Queensland starting to ease.
“This is great news for buyers and will help ease some of the affordability issues that have impacted the market over recent times,” he said. “We would expect prices to continue to remain resilient in the lead up to Christmas and into 2024 but we still need more stock to help maintain the balance between supply and demand.”
Oliver Hume is currently working with HB Land on the Tillerman Park Ridge project in Brisbane’s southern growth corridor.
HB Land CEO Michael Vinodolac who has just released 22 new homesites at Tillerman said “we have had a lot of buyers from the local area who have been waiting for the project to come to market”.
The Livingstone Release is the fourth stage of the Tillerman community which has so far seen over 100 blocks sold worth $34m.