A MESSAGE FROM ALEX JORDAN
Brisbane’s housing market has proven relatively resilient so far in 2022, with prices only just starting to cool slightly in some areas after the phenomenal growth of the past couple of years.
Despite rising interest rates and the current cost-of-living crunch, demand for property in our region is still high, driven both by locals and by interstate tree-and-sea changers seeking the lifestyle benefits our city has to offer.
This trend, which is set to continue, combined with the extensive infrastructure and development plans for the 2032 Olympics, underpins expectations for continued growth throughout much of the region in the coming months and years.
However, to get a real feel for our local market and identify where the best opportunities lie, it’s also important to understand the wider real estate landscape.
This report looks at four key trends across five of our capital cities, unpacking the performance of the residential property markets in Sydney, Brisbane, Melbourne, Canberra and Hobart. It also shares John McGrath’s much anticipated property hotspots and top picks for buyers and investors.
As we move on from the pandemic years and steer our way through the new economic challenges facing us, we may find surprising opportunities arising as lifestyle choices, working habits, and design trends reshape and redefine many aspects of our property markets.
I hope you find this an insightful and valuable report.
Yours Sincerely,
ALEX JORDAN
0410 424 749 alexjordan@mcgrath.com.au
McGRATH REPORT 2023
OUR ACCOLADES
#1 Agent in McGrath Australia: Alex is currently listed as the top agent in McGrath.
#1 Agent REB QLD 2021 & 2022 (Real Estate Business) Alex was ranked the number 1 agent in QLD 2021 & 2022.
Brisbane Home Prices: For the fifth year running we are honoured to receive the Agent of the Year award on the Brisbane Homes Prices page (2017, 2018, 2019, 2020 & 2021).
#1 Top Residential Agent QLD – REA (realestate.com.au) Excellence Awards 2020: This award is based on volume, total number of sales, average sales price, and reviews and was awarded out of 8,500 agents in QLD.
Speaker at AREC (Australian Real Estate Conference) 2020 & 2021: Alex had the privilege to present as guest speaker at the largest Real Estate conference in Australasia.
SOLD BY ALEX JORDAN SPECIALTY SUBURBS: FIG TREE POCKET, INDOOROOPILLY, ST LUCIA, TARINGA, TOOWONG 525 JESMOND ROAD, FIG TREE POCKET - SOLD $5,575,000 12 EMERSON STREET, TOOWONG - SOLD $3,250,000 7 HOWITT STREET, TARINGA - SOLD $2,850,000 39 VICTORIA AVENUE, CHELMER - SOLD $3,175,000 11 RIVERGUM PLACE, FIG TREE POCKET - SOLD $3,500,000 44 SEVENTH AVENUE, ST LUCIA - SOLD $2,850,000 McGRATH REPORT 2023
94 BERRY STREET, SHERWOOD - SOLD $2,980,000 5 GLENCAIRN AVENUE, INDOOROOPILLY - SOLD $3,200,000 153 LAUREL AVENUE, CHELMER - SOLD $5,370,000 42 NINTH AVENUE, ST LUCIA - SOLD $3,050,000 20 GLANMIRE STREET, PADDINGTON - SOLD $4,200,000 38 RAMADA PLACE, FIG TREE POCKET - SOLD $2,815,000 SOLD BY ALEX JORDAN
30 SONANNE PLACE, FIG TREE POCKET - SOLD $3,638,888 22 GLENCAIRN AVENUE, INDOOROOPILLY - SOLD $3,750,000 508 JESMOND ROAD, FIG TREE POCKET - SOLD $4,550,000 67 VICTORIA AVENUE, CHELMER - SOLD $3,675,000 37 RAKEEVAN ROAD, GRACEVILLE - SOLD $4,650,000 135 HILLSIDE TERRACE, ST LUCIA - SOLD $2,680,000 McGRATH REPORT 2023
19 NEULANS ROAD, INDOOROOPILLY - SOLD $3,800,000 84-88 TERRACE STREET, NEW FARM - SOLD $7,000,000 41 LAUREL AVENUE, CHELMER - SOLD $3,050,000 170 LEYBOURNE STREET, CHELMER - SOLD $3,015,000 2 & 4 HANDEL STREET, INDOOROOPILLY - SOLD $5,250,000 36 TWIGG STREET, INDOOROOPILLY - SOLD $3,080,000 SOLD BY ALEX JORDAN
128 IRONBARK ROAD, CHAPEL HILL - SOLD $1,875,000 303C KENMORE ROAD, FIG TREE POCKET - SOLD $3,535,000 171-175 LAUREL AVENUE, CHELMER - SOLD $6,350,000 60 VICTORIA AVENUE, CHELMER - SOLD $4,350,000 45 IVY STREET, INDOOROOPILLY - SOLD $3,800,000 67 BENT STREET, TOOWONG - SOLD $2,600,000 McGRATH REPORT 2023
115 LAUREL AVENUE, CHELMER - SOLD $4,700,000 12-16 GILGANDRA STREET, INDOOROOPILLY - SOLD $5,375,000 81 KEW ROAD, GRACEVILLE - SOLD $2,649,800 17A KAPUNDA STREET, TOOWONG - SOLD $2,310,000 58 VICTORIA AVENUE, CHELMER - SOLD $3,875,000 61 DENNIS STREET, INDOOROOPILLY - SOLD $4,500,000 SOLD BY ALEX JORDAN
