Brisbane values have continues to hold reasonably firm, with dwelling values edging 0.1% higher over the month to be 0.3% higher over the year – essentially a flat market.
Core Logic has released their newest housing market update for December 2018.
The annual change in dwelling values has ranged from a 3.5% rise across the Western suburbs to a 1.4% decline at Ipswich.
The surrounding coastal markets of the Gold Coast and Sunshine Coast also seen values tick higher, with the Gold Coast up 0.1% over the year and Sunshine Coast values 2.3% higher.
Rising interstate migration rates should help to support housing demand across the south east corner of Queensland, along with relatively healthy levels of housing affordability.
This is how Brisbane house prices have performed over the last 20 years…