Across Queensland’s property markets, buyers are generally adopting a ‘wait and see’ attitude due to the cost of debt and higher market volatility being experienced from sharp interest rate rises and headwinds in the broader macroeconomic environment.
At the same time, this is being offset somewhat by strong rental growth and tenant demand in sectors including Industrial and Healthcare, and a healthy level of private capital looking for placement in the CBD Office market. Once interest rates stabilise, we expect a greater volume of sales and a return to capital growth over the medium term.
In our latest Queensland Market Snapshot for H2 2022, representatives from our valuation sectors share their insights into the past six months as well as opportunities and challenges for the year ahead.
Take a look at:
• Service Stations
Click the link below to download in PDF format.
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