Useful Facts Without Opinions: Brisbane home prices V other cities
Once upon a time Brisbane homes were substantially dearer than those in Perth. As recently as 2009 our median home was more expensive than Melbourne’s. At the recent Herron Todd White Market Update breakfast, Chairman Gavin Hulcombe produced the below graph charting the spread between our local home prices and those of Australia’s largest capital cities. It’s more than a decade since we had this big a discount against Sydney home prices (currently 41%).