Author: Tim Lawless
Brisbane`s housing market saw dwelling values rise by eight-tenths of a percent in November, which is roughly equivalent to the monthly change in October. CoreLogic has released their newest housing market update for December 2019. You can also check out the local reports for Melbourne and Sydney. Since finding a floor in June, Brisbane’s dwellings are up 2.2%
Based on resales across Greater Brisbane over the second quarter of 2019, the total value of resales at a profit was $1.341 billion while the total value of resales at a loss was recorded at $37.7 million. Brisbane generated 8.2% of the total value of resale profits nationally over the quarter and 5.2% of the
Dwelling value growth across Qld remains lackluster with falls over the quarter. Over the third quarter of 2018, Brisbane dwelling values increased by 0.1% while across regional Qld values fell by -0.6%. Brisbane dwelling values increased by 0.8% over the 12 months to September 2018 while in regional Qld values increased by a slower 0.2%.
Median dwelling prices in Brisbane have recorded little growth over recent years and as a result, on all four metrics, affordability has improved relative to five and 10 years ago. Although affordability is strong relative to Sydney and Melbourne over recent quarters there has been a moderate decline in housing affordability. Over the past five
Over the second quarter of 2018, national dwelling values have declined by-0.5%, matching the -0.5% fall in values over the March quarter. Throughout the 12months to June2018, national dwelling values have declined by-0.8%. Althougha -0.8% fall isn’t overly large, it is the greatest annual fall in values since September 2012 when values had fallen-1.1% over
Every capital city has seen a deterioration in the rental yield profile over the past twelve months, yet in would seem the Brisbane market showed one of the worst results. Gross rental yields have reduced from 3.7 per cent across the combined capitals twelve months ago, to 3.5 per cent at the end of March this year.