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2022: It’s a Wrap!
How did we do in 2022 and what happened with Brisbane property? Take a look and let’s get excited about the year to come.
What a year.
Remember last Christmas when there was chaos with people trying to cross borders, stress over vaccine papers, and multiple doom and gloom forecasts about the property market?
We never buy into the hype and in 2022 we were able to experience one of our biggest years ever. When the pandemic stress died down, the property market sprang into action and never really stopped.
Here are some of our wins over the last twelve months:
Top selling property
The ‘trophy home of the decade’ features uncompromising privacy, timeless design and enduring quality. An impressive four-storey masterpiece, 10 Morgan Street offers over 1,470sqm of living space and comes with every conceivable luxury and consideration imaginable. We were thrilled to represent the sale of this home and to find a buyer within 7 days.
Biggest auction attendance
More than 200 groups inspected this home and there were 150 people in attendance at the auction of this two-level contemporary oasis. With five bedrooms, three bathrooms, a separate powder room, a home office and a lap pool, the new owners have found themselves in paradise.
Fastest sale
33 Rockbourne Terrace, Paddington
We weren’t surprised when this stunner was picked up by an enthusiastic buyer. A cutting edge masterpiece, this exemplary residence is the perfect display of thoughtful design in contemporary architecture. The owners are now enjoying their 5-bedroom, 3 bathroom and an extensive 4 car basement garage home.
What’s happening next year?
Brisbane ended up being one of Australia’s best performing property markets in 2022, with reports sharing how average prices increased by more than 30% in many locations.
In our ‘patch’, we saw the following changes:
- Teneriffe, up by 17.1%
- New Farm, up by 22.4%
- Paddington, up by 35.4%.
Thanks to the upcoming Olympics, the influx of infrastructure and a strong economy, there is no reason to fear a significant downturn in 2023. Even if prices do settle somewhat as a result of rising interest rates, homeowners will find themselves well ahead.
See you in 2023!
It has been a pleasure to connect with and support so many people from near and far during 2022. We measure our success by the results we can deliver and the smiles on people’s faces, which is why we always go above and beyond.
Your feedback, testimonials and recommendations mean the world to us and we thank you for being our cheerleaders over the last twelve months.
Here’s to an exciting 2023, filled with opportunities (and a lot of fun). See you in January and don’t forget to reach out if you feel like next year will be the right time to make your next property move.
I hope you enjoy the read.
Matt Lancashire