A unique CX lens amidst Queensland’s property market bonanza By Jarrod McAleese
Queensland’s property market is truly excelling. Having largely avoided extended COVID-19 lockdowns, the sector has thrived in recent months, with data from PEXA affirming this. The Sunshine State was the only jurisdiction to record quarter-on-quarter growth (September quarter vs June quarter) in sales settlements, per the latest Property and Mortgage Insights Report released by PEXA Insights.
haven from COVID-19. Increasingly, we’re seeing lockdown weary New South Wales and Victoria residents making the move north, with many buying sight unseen.
Queensland also usurped traditional eastern seaboard powerhouses to facilitate the most property transactions nationwide during this period.
This is driving prices higher, with buyers really working hard to compete in what is a seller’s market. Combine these factors with the Olympics announcement for Brisbane, and it’s an ideal recipe for activity,” Sourris said.
George Sourris, Director, Empire Legal has witnessed this market boom firsthand and believes that there’s been a perfect storm fuelling consumer behaviour. “Property in Queensland is travelling better than ever – we’re a bit of a
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And Sourris and his team have identified notable trends which demonstrate how entrenched the seller’s market is at this time.
