Useful Facts Without Opinions: Brisbane home prices
Brisbane home prices rose by just a whisker during July, according to the latest Core Logic Hedonic Home Value Index. Here’s all their latest numbers:
- The past 12 months saw home prices down 2.4% on the 8 Capital Cities aggregate across Australia
- Brisbane’s dwelling prices rose 0.1% in July and are now 1.2% higher than at the same time last year (Darwin’s homes led the price drops with a 6.2% decrease, followed by Sydney -5.4%. Hobart home prices grew by 11.5% over the past year)
- The Index reports Brisbane apartments rose 1% during the past quarter, while our houses snuck up 0.4%
- Rental yields for a Brisbane apartment are reported at 5.3%, well ahead of the capital city average of 4.1%. Sydney investors get just a 3.8% rental yield.
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