Brisbane Housing Market Update [video] | June 2019

Brisbane housing values were down half a percent in May, with falls confined to the detached housing sector.

CoreLogic has released their newest housing market update for June 2019.

Unit values actually rose 0.1% over the month, breaking a long-running trend of falling values.

The oversupply that has weighted down the Brisbane unit market has mostly been absorbed due to the combined factors of less construction activity together with rising population growth, however, Brisbane unit values remain 12.5% below their 2010 peak.

With migration rates lifting, supply under control and generally healthy levels of housing affordability, the Brisbane housing market fundamentals are looking healthier compared to most other capital cities.

A1

A2

You may also want to read:

NATIONAL HOUSING MARKET UPDATE [VIDEO] | JUNE 2019

PERTH HOUSING MARKET UPDATE [VIDEO] | JUNE 2019

ADELAIDE HOUSING MARKET UPDATE [VIDEO] | JUNE 2019

MELBOURNE HOUSING MARKET UPDATE [VIDEO] | JUNE 2019

SYDNEY HOUSING MARKET UPDATE [VIDEO] | JUNE 2019

Metropole Property Home Buyers Enquiry

icon-podcast-large

Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.

icon-email-large

Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


Tim Lawless

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


'Brisbane Housing Market Update [video] | June 2019' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*


facebook
twitter
email