Brisbane housing market update [video] | July 2024

Brisbane dwelling values have continued to rise at a solid pace, up 1.2% in June, which is on par with the previous two months.

In dollar terms, dwelling values are rising by just over $10,000 a month.

Brisbane house prices graph

The unit sector is showing substantially stronger growth conditions with values up 10.3% through the first half of the year compared with a 6.5% rise in house values.

Rental pressures have eased a little over the past year with the annual growth rate in rents falling from 9.4% a year ago to 8% in the latest financial year, driven entirely by a slowing growth rate in unit rents.

Meanwhile, the annual pace of growth in house rents increased slightly from 7.7% in the financial year of 2022-2023 to 7.8% in the latest financial year.

You may also want to read: National Housing Market Update

About Tim Lawless 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