31 Mar 2016

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Brisbane experienced a 50 per cent surge in new apartment sales last year, the latest market report shows, with the sector dominated by Metro Property Group.

The fourth quarter 2015 Urbis Brisbane Apartment Insights report finds that 6814 new apartments were sold in Brisbane last year, compared with 4555 the previous year.

That was a record for the city, which had entered a new era of apartment living, Urbis director of economics and market research Mal Aikman said.

“Brisbane saw record sales in 2015 driven by price, location and amenity,” Mr Aikman said.

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