Beating down the prices in Brisbane

Chong, F.

Beating down the prices in Brisbane - 1990 - World Property February 1990, 45-47(3) .

Investigation of the Brisbane property market from the investment point of view. Many significant properties are on the market, not because of a lack of institutional interest but, because bargain hunters are beating down the price to take advantage of distressed sellers. At present developers are having problems raising finance, and this coupled with low prices have caused the market to stagnate.


AUSTRALIA