Meet your Buyers’ Agents

I've watched Brisbane transform from a big country town into one of Australia's most sought after property markets. Along the way, I've experienced the booms, downturns, floods and changing fortunes of this city, both as a property investor and a buyer's agent.

Those experiences have taught me a great deal about property, particularly the importance of knowing what to buy and where to buy.

We work exclusively for buyers, bringing local knowledge, experience and independent advice to every purchase.

But our story started well before 2009. I'm Andrew Allen, and here's how it all began.

1970’s:

Growing up in central QLD, on a cattle station near a small town called Dirranbandi.

A wonderful era for Australia and a fun childhood. Holidays on the Gold Coast were a highlight. That first glimpse of the Pacific ocean as you drive over the great dividing range.. Heaven.

1980’s:

School in Brisbane. Boarding school at Nudgee College and then a day student at Brisbane Grammar followed by University of QLD. Brisbane is still a country town in the 80’s.

1988: Brisbane Comes of Age

Hosting the 1988 World Expo was a real watershed moment for Brisbane, drawing 15 million visitors and announcing its arrival on the world stage as a desirable city to live and work.

1990s: A steady property market

The decade opened with Australia's 1990–91 recession, high mortgage interest rates and economic uncertainty.

Traditional Queenslanders, large suburban blocks and middle ring houses were still relatively affordable. Brisbane was growing, but had not yet experienced the intense competition for land seen today.

2002-2004: A Property Boom Like No Other

This was Brisbane's first truly transformative property decade.

Interstate migration, relatively accessible finance, growing household wealth and Queensland's expanding economy fuelled demand.

Brisbane's median house price almost tripled in this decade.

2005: Laying the Foundations

Having found success in the property market through investing I enjoyed a lot of travel. Living between the Gold Coast, Brisbane and Europe for most of the decade. The whole point of investing is that it powers your lifestyle.

2009: Allen Real Estate is Founded

With a young family to support I needed a business and reliable income. My own experience and interest in property investing gave me the foundation to launch what would become a thriving business.

2011: When it Rains, it Pours

The 2011 floods were a tough time for Brisbane.

Fortunately I had always been checking flood maps, even though most people didn’t even know flooding in Brisbane was a possibility before 2011. The 1974 floods were a distant memory and considered something that would never happen again.

2013: Buy, Buy, Buy!

This was the year Allen Real Estate hit a huge milestone – more than 100 million dollars worth of property purchased.

2014: Expansion

With rapid business growth came the need to add to the Allen Real Estate Team. Enter Micah Keall-Grant – a registered QLD buyer’s agent with impressive knowledge of the Brisbane Property market. A commercial and residential investor himself, Micah developed a keen eye for high quality investment properties and market trends through substantial research and reading.

2015-2020: A slower market for prices

Brisbane houses gained only about 20% across the decade in the 2010’s, broadly flat after inflation.

An owner could have held a property for ten years without achieving much real capital appreciation.

During this time I launched a property management business to complement our buying. This taught me in great detail the experiences and challenges of being a landlord and also a tenant, thousands of ‘tenant years’ of experience were gained. I sold this business in 2020 to focus solely on the buying of property.

2021: The Start of the Roaring 20'S

This year saw a property boom that rivalled the heady days of 2003.

Emerging from lockdown with a huge amount of pent up energy, buyers competed themselves into a frenzy buying property and the prices soared.

2023: Return to balance

The massive 2021 boom was replaced with the doldrums of 2022 when cost of living pressures started interest rates on their upward trend, resulting in house prices falling.

2023 saw a return to balance in the market and savvy buyers taking advantage of the excellent buying conditions to secure high quality properties. 

Growth returned to the market for the second part of 2023 and Brisbane fully recovered from the cyclical low, achieving a new all time high by the end of the year.

2024-2025: Low supply + High demand

2024 started off with a bang as open homes were packed right across the city and in all price ranges. This growth continued well into 2025 and early in 2026

2026: A challenging year

The budget announcement and tax changes saw a rapid price movement with property. More or less 10% falls into the second part of the year as a general guide, though market segments can vary, home owners are still active.

As of October 2026 we are noticing the market seek to establish a new baseline. There is opportunity for the home owner who wants to secure a quality long term home without the competition that comes with a boom market. Also investment stock can present gems for those with the ability to offer a quick solution to a highly motivated seller.

2032: The Olympic Games

The year of the Brisbane Olympic Games. Will you be participating in the growth of Brisbane into 2032 and beyond?

If you have a long term outlook, then let’s connect.