Brisbane's sales market, trends in Brisbane property

Useful facts without opinions: Brisbane home prices

Brisbane’s home prices saw a 4% rise for the past 12 months, according to the latest Queensland Market Monitor report produced by the Real Estate Institute of Queensland. Here’s all their latest numbers for settled and confirmed sales to the end of June:

  • The past 12 months saw a median house sale price of $520,000 in Greater Brisbane. Sydney sits at $950,000, Melbourne $665,000 and Canberra $648,000, while we’ve now overtaken Perth’s $515,000 and Darwin $501,000.
  • Brisbane’s median apartment and townhouse price dipped 2.2% over that year, with a median sale price of $410,000
  • House sellers spent an average 35 days on the market and discounted their price an average 4% to get a sale; apartment sellers averaged 61 days and a 4.6% discount on their listing price
  • More than 45,000 residential homes changed hands in this city over the past financial year (30,990 houses and 14,604 units)

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