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Brisbane Housing Market Update [Video] -February 2017

The Brisbane housing market has continued to record a sustainable rate of capital gains with dwelling values rising 4.4% over the past year.

Value growth can be attributed entirely to hire house values with unit values actually falling by 2.7% over the past 12 months.

On paper the Brisbane housing market is looking right for attracting a higher by demand housing prices are substantially lower than Sydney and Melbourne prices and yields are higher which should be attractive to investors

The missing ingredient seems to be jobs growth and relatively soft but improving economic conditions.

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The annual growth rate across the combined capital cities was 10.7% over the twelve months ending January 2017, compared with 10.8% over the previous rolling twelve month period.

YOU MAY ALSO BE INTERESTED IN READING:

Sydney Housing Market Update [Video] – February 2017



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About

Tim heads up the Core Logic RP Data research and analytics team, analysing real estate markets, demographics and economic trends across Australia. Visit www.corelogic.com.au


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