Useful Facts Without Opinions: Brisbane home prices
Brisbane’s home prices saw a 0.2% decline for the month of October, according to the latest RP Data-Rismark Hedonic Home Value Index.
Here’s all their latest numbers:
• The past 12 months saw home prices up 10.1% on the 8 Capital Cities aggregate across Australia
• Brisbane’s homes are now 3.8% higher than at the same time last year (Sydney’s speed of increase in home prices has eased only slightly and is still way out in front with growth of 15.6%)
• The Index reports Brisbane apartment prices rose by 1% in October, while our houses snuck back by 0.3%
Rental yields for a Brisbane apartment are reported at 5.3%, the 2nd highest in the nation behind Darwin.
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