admin-ajax.php

Property Market Value trends | Brisbane

Here’s what’s happening in the Brisbane property market according to Corelogic’s Decile report.

Brisbane Property MarketThe report provides a detailed analysis at different levels of Australia’s property market by dividing the market into ten equal groups (or deciles) based on tiers of property value.

By analysing changes in dwelling values across each decile, the report identifies which parts of the market are over or under performing relative to the headline trends, summarising property market conditions nationally and across each of the capital cities.

Over the three month to April 2018, dwelling values in Brisbane fell by -0.1% which also took values -0.1% lower than their peak.

Over the 12 months to April 2018, Brisbane dwelling values increased by 0.9%.

Although values are still rising, the 0.9% increase was the slowest annual increase for the city since March 2013.

The -0.1% fall in dwelling values over the quarter occurred due to falls across the 3rd, 9th and 10th deciles with the 10th decile incurring the largest decline, down 0.8%.

A1

A2

Across all other deciles, except the 4th, values rose over the three month period, with the 1st decile experiencing the greatest growth.

Over the past year values increased by 0.9%, with subtle gains recorded across every decile.

graphic-brisb-new
The greatest value rises were recorded across the 6th decile followed by the 7th.

The weakest growth over the year was recorded across the 10th decile, which was also the only market segment in which values increased by less the 0.5%. Based on the quarterly data, dwelling values in excess of $608,000 are seeing values decline while properties with a value lower than $303,000 are recording the strongest growth.

Over the year, the value band from $492,911 to $546,859 has recorded the strongest growth conditions, while properties with a value in excess of $831,375 has recorded the most moderate value increases.

You may also be interested in reading:

PROPERTY MARKET VALUE TRENDS | MELBOURNE



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.


Avatar for Property Update

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


'Property Market Value trends | Brisbane' 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
google
0
linkedin
0
email

Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...

REGISTER NOW

Subscribe!