Brisbane property prices performing well

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Brisbane is gaining a reputation as Australia's most affordable eastern capital with price growth potential, according to Herron Todd White.

Herron Todd White's October Month in Review found entry level and mid-range property going great guns and said buyers are 'sheep-dogging' over each other when an appropriately priced property hits the market.

HTW said it’s price accessible, in locations that have a lot of rental demand with housing in the $330,000 to $550,000 range doing well.

For detached housing, you can get great quality homes at a fraction of the Sydney prices. Our expectation is that this sector will continue to perform over the remainder of the year.

"Capital growth is tracking at approximately 5% per annum for the past 12 months and there is a good level of supply at present to match the demand.

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Brisbane property prices performing well