From an increase in buyer interest to changes in sales trends, Gott Realty has all the up-to-date market information on Bray Park property growth.
Gott Realty always have a finger on the pulse, keeping an eye on market changes and watching for any changes that will impact a sale for our clients.
We have more than 40 years of industry experience but ensure that our agency is modern and date driven to keep in with the constant changes within the real estate market.
Changes to Bray Park Property Market
Bray Park is in a fortunate position. Its close location to Brisbane and the highway heading north and south make Bray Park an attractive suburb to live in. Over the last 12 months Bray Park growth has been exceptional.
The graph shows that days on the market for median priced homes is around 20. This indicates that the market is very good. There has been a constant number of sales taking place each month – around 8 on average. With about 35 homes on the market at any one time.
Property Trends Bray Park
Bray Park has been a sleeper suburb for some time. Suburbs around it, for example Warner with newer homes, has taken a hold of the lime light. With Warner almost built out and prices higher in the suburb than Bray Park, opens Bray Park as a suburb with opportunity for growth in prices.
In one graph we have, Bray Park grew over $50,000 in 2018 to the low $400’s. If the political climate stays stable and immigration continues to grow at the current pace, prices in Bray Park could be the beneficiary as demand from buyers will still be there.
What buyers are looking for
Buyers are still looking for value for money and Bray Park is offering it. The only drawback is that the train station, while close, is not close enough for a lot of houses. The homes are of excellent standard, in most cases, with shopping facilities nearby and there is a large array of schools both private and public within a short distance. The northern end of the suburb also boasts extensive sporting facilities. Bray Park is almost the perfect suburb for a family to reside in, both with price and its proximity to the city.
Bray Park Property – 12 month forecast
Again, we look to the political scene, as the Coalition have retained government, not much will change with the property trends in Bray Park. Investors will continue buying in the suburb pushing prices up, maybe another $30,000 to $50,000 by years end.
Bray Park Property Growth
Are you looking to sell your Bray Park home? You can’t go past Gott Realty, who have all the latest on Bray Park Property Growth.
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Gott Realty service Albany Creek, Eatons Hill, Cashmere, Warner, Lawnton and Bray Park and many more areas across North Brisbane. Learn more here on our blog.