Brisbane in the money
With more than 94 per cent of Brisbane homeowners selling their homes and property investment’s for a profit last year, it has recorded the highest property profits the city has seen since the global financial crisis.
With new figures showing property resale profits topped Brisbane’s scale at $3.9 billion. This is believed to be the highest profit made in Brisbane since the property heyday of 2007 and comes after a stellar 2014 that saw Brisbane owners make profits of $3.86 billion. With the most profitable period of last year being the leading three months to September, when home owners selling at that time received $1.119 billion more than they had paid for their homes