Brisbane Housing Market Update [video] | December 2018

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.

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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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