Useful Facts Without Opinions: Brisbane home prices
Brisbane’s home prices saw a 1.3% rise for the past 3 months, according to the latest Core Logic Hedonic Home Value Index. Here’s all their latest numbers to the end of November:
- The past 12 months saw home prices up 9.3% on the 8 Capital Cities aggregate across Australia
- Brisbane’s prices are now 3.9% higher than at the same time last year (Sydney’s home prices continued their run by rising 13.1%, and Melbourne home prices were up 11.3% over the past year)
- The Index reports Brisbane apartments rose by just 0.1% during November, while our houses crept up 0.4%
- Rental yields for a Brisbane apartment are reported at 5.2%, well ahead of the capital city average of 4%. Sydney investors get just a 3.8% rental yield.
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