Monitoring of the data flows over the coming months will provide firm evidence as whether this latest housing market reading develops into a softening trend.
Brisbane’s housing trend remains similar to previous months with mild growth recorded across Brisbane houses while the unit values slipped lower.
House values have been rising by only 2.6% over the past 12 months across Brisbane, while unit values have actually fallen by 3.1%.
Rental market conditions have remained subdued with a median rental rate holding virtually steady for houses over the past year and falling by 2.3% over the year for units.
Houses are certainly the property to invest in with the median rental rate in Brisbane remaining steady for the last 12 months. 
Rental market conditions have remained subdued with a median rental rate holding virtually steady for houses over the past year and falling by 2.3% over the year for units.
Despite the relatively weak rental sector, rental yields across Brisbane are substantially higher than what can be found in Sydney and Melbourne.
YOU MAY ALSO BE INTERESTED IN READING:
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.
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.
'Brisbane Housing Market Update [Video] – May 2017' have no comments
Be the first to comment this post!