It’s the story we always want to tell, sales are picking up, confidence is improving, and points are remaining solid. But it didn’t come easy.
In the 2018 September quarter, Brisbane’s new apartment market saw 420 sales, the highest level of sales recorded since December 2016 by city shapers Urbis, in the comprehensive national survey, the Apartment Essentials.
The Inner South impressed during the quarter with a total of 363 sales, accounting for 82% of Brisbane sales in Q3, on the back of two major projects launching within the precinct.
South Brisbane took out the most sales in a single development this quarter, and a handful of other projects recorded impressive results, but there’s hard work behind those figures.
Paul Riga, Director at Urbis, explains, “The process to engage buyers is a long, tough process.
“Despite the higher transactions in this quarter, sales are certainly not easy and for all developments recording strong results in this quarter it has been on the back of extremely hard work, and for some developers, many years of building trust with buyers.”