The big winners as Brisbane’s house prices drop for second month straight
First-home buyers are the big winners as house prices fall for the second-straight month in Brisbane.
It’s the first time values have continued to decline in two years.
Real estate agent Alex Jordan told Sofie Formica the falls are across the board.
“It’s hit the bottom end of the market, the mid end of the market, the high end,” he said.
“I don’t think there’s anyone that’s immune, I guess, from a protection point of view.”
He said buyers should keep an eye on the value of other homes in the suburb they’re looking to buy in.
“When you’re buying … at the median or average price of that suburb, that’s probably the safest bet you can make.”
Press PLAY below to hear when Alex Jordan estimates will be the best time to sell
Image: Getty