Brisbane housing market update [video]


Brisbane’s housing market has continued to rise in value through November, with the monthly change holding at 0.6% over the past three months, which is half the rate of growth recorded a year ago.

Although values are rising, growth conditions are slowing as affordability constraints bite and listing numbers rise up 5.6% compared with the same time last year.

Brisbane house prices graph

Brisbane 2 Nov

Source: CoreLogic

Unit values have been rising at a much faster rate than house values across Brisbane consistently since December last year, rising by a cumulative 18% over the past 12 months, while house values are up a smaller 11%.

 

You may also want to read: National Housing Market Update

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