Emily Black HOME senior real estate reporter Welcome to another themed edition of HOME.
This week’s magazine is dedicated to the unit market, which has, particularly in Brisbane, undergone a certain level of scrutiny over the past few years.
However in recent months, reports by industry experts, ranging from the Housing Industry of Australia to CoreLogic, have indicated the worst is behind us and the market has started to correct itself.
HIA economist Diwa Hopkins said while a downturn was expected to continue for building approvals in Queensland, the worst had occurred.
“We think that occurred in 2017 and that in the coming years ... the declines we’re forecasting are much more modest,” she said.
“By the time 2018 has concluded, we’re expecting the decline to be in the order of 5 per cent, and then in 2019 another similarly modest decline of 4 per cent before we expect activity to then return to growth in 2020.”
Among this week’s pages you can learn more about the current trends in the unit market, and have an up-close look at some key developments happening in Brisbane and on the Gold and Sunshine coasts.
In addition to this, we have sought expert advice on how to design your apartment so you can make the most of your valuable living space – inside and out.