Brighter Selling

Brissie cracks the hot 100 for global growth

by Karleen Jentz, Copywriter 19 April 2018

Brisbane’s respectable growth rate of 2.1 per cent in the past year has earned it 100th place in the Knight Frank Global Residential Cities Index which ranks cities based on their home price growth.

This performance places us ahead of London, Beijing and Brussels, boasts

But we can’t shout too loudly about it back home because Hobart was Australia’s best performing capital city with a growth rate of 13.1 per cent earning it 11th spot.

If you thought Sydney (5.9 per cent growth) and Melbourne (10.2 per cent) were overheated, spare a thought for buyers trying to crack the Berlin market which took out top spot with a whopping 20.5 per cent growth.

Australia’s appeal as a global destination is growing with more people choosing to call Australia home.

“With improvements to connectivity and infrastructure Australia is becoming closer to the rest of the world,” Knight Frank’s Head of Residential, Australia, Sarah Harding told the Real Estate Conversation.

“As a result we are seeing more global citizens reside in Australia as well as expats returning home.”

With several indicators pointing to continued growth for Brisbane in the year to come, we think our River City might make a bigger splash on the world stage yet.

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