Housing values have been just about regular throughout Brisbane in August, down by one-tenth of a % over the month whereas the estimated variety of residence gross sales was up 0.3%.
Brisbane’s residence values have been resilient to main falls.
Since transferring by a latest peak in April, residence values have fallen by 0.9%, with bigger falls throughout the unit market the place values are down by 2.1% in contrast with a 0.7% fall in home values.
Much like different cities, Brisbane’s higher quartile housing market is recording bigger falls, with values down 2.2% throughout the higher quartile since March whereas the decrease quartile residence values have held comparatively agency over the identical interval and the broad center of the market has recorded a 0.6% elevate in housing values.
You may additionally need to learn:
Subscribe & don’t miss a single episode of Michael Yardney’s podcast
Hear Michael & a choose panel of visitor specialists talk about property funding, success & cash associated
matters. Subscribe now, whether or not you are on an Apple or Android handset.
Need assistance listening to Michael Yardney’s podcast out of your telephone or pill?
We’ve created simple to observe directions for you whether or not you are on iPhone / iPad or an Android
Desire to subscribe by way of e-mail?
Be a part of Michael Yardney’s internal circle of every day subscribers and get into the pinnacle of Australia’s finest
property funding advisor and a large crew of main property researchers and commentators.