Brisbane Housing Market Update [Video] | November 2017

Housing market conditions across the Brisbane continue to tick along at a sustainable rate with dwelling values up 0.2 percent in October to be 2.7 percent higher over the year.

Housing market conditions across the Brisbane continue to tick along at a sustainable rate with dwelling values up 0.2 percent in October to be 2.7 percent higher over the year.

Gross Rental Yields

graphic-brisb-new

Dwelling values are rising only slightly faster than inflation and incomes.

While this hasn’t boosted the wealth of homeowners to anywhere near the same extent as Sydney or Melbourne, housing affordability is far less challenging and rental yields are remain substantially higher for investors averaging a gross yield of 4.2% for houses and 5.3 % for units.

The outlook for the Brisbane housing market remains positive with the migration rate to Queensland picking up and jobs growth now tracking well above the national average.

YOU MAY ALSO BE INTERESTED IN READING:

SYDNEY HOUSING MARKET UPDATE [VIDEO] | NOVEMBER 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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