Bulimba real estate has been highlighted as one of the main markets in Queensland to undergo growth over the next year, with the latest National Australia Bank Quarterly Residential Property Survey indicating the national trends for real estate growth over the next 12 months.
The residential index for Queensland during the final quarter of 2013 was 35 points, with projected growth to 54 points by the second quarter of 2014 and 69 by the end of the year. Furthermore, over the next six months, the state is expected to see a 1.9 per cent increase in house prices.
Over the next year, these prices are expected to grow by 3.3 per cent and 4.4 per cent over the next two years. Alongside this, the survey has highlighted a number of regions that are expected to see "above average" growth over the next year. Bulimba has been listed alongside places such as Caboolture, the Gold Coast, New Farm, Toowoomba, and West End.
i If you're hoping to sell your real estate in Bulimba, it could be worth talking to a real estate agent about listing your home on the market in the next few months.