Useful Facts Without Opinions: Brisbane home prices
Brisbane’s home prices flat-lined 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 March:
- The past 12 months saw home prices up 12.9% on the 8 Capital Cities aggregate across Australia
- Brisbane’s prices are now 3.7% higher than at the same time last year (Sydney’s home prices continued their extraordinary run by rising 18.9%, and Melbourne home prices were up 15.9% over the past year)
- The Index reports Brisbane apartments rose by 1.6% during March, while our houses crept up 0.1%
- Rental yields for a Brisbane apartment are reported at 5.1%, well ahead of the capital city average of 4%. Sydney investors get just a 3.7% rental yield.
Please share your opinions on Brisbane home prices!