3
The Real Estate Property Markets connue to be heavily influenced by buyer senment with a focus on what is happening in our local markets and macro economic condions. Property Markets in the holiday areas are experiencing higher demand and it is expected that our Brisbane market will gather some steam aſter the extended Christmas break. Depending on which state you live in, the outlook for 2016 remains mixed. Events overseas with the recent suspended trading sessions on the Shanghai stock exchange and recent currency devaluaons are expected to impact on our Australian Capital City Property Markets where Chinese investors have invested heavily in Sydney and Melbourne. The markets are off the boil in some segments with other inner city areas performing well. Things to watch out for this year: Supply for new apartments outstripping demand will possibly lead to some discounng of prices. Rental Markets remain soſt locally with the increased supply of new units. There is connuing speculaon on the direcon of Australian interest rates following the recent increase in rates by the US Federal Reserve off a historic low base. Quality properes within 10km of CBD and close to public transport corridors will always be keenly sought aſter. The Australian dollar is predicted to move below 70c, and this should give Australian manufacturers and primary producers some relief. Future government policy and direcon will be carefully reviewed in the light of world events and falling revenue which is impacng on the budget. Elecon - Federal. Impact of oil prices and commodity prices on the world economy. We are posive about our local markets and encourage careful review and invesgaon of the market and its different segments. -Tony Poulsen Summer Newsleer February 2016 rwgraceville.com.au [email protected] T: 07 3379 7111 F: 07 3379 7084 Tony Poulsen, Principal This Issue Real Estate Property Markets Overview P.1 Our Team P.2 Our Just Listed & Just Sold Properes P.3 P O Box 2021 308 Oxley Road Graceville Q 4075 Walter Taylor Bridge, Chelmer
