Useful Facts Without Opinions: Brisbane home prices
Brisbane’s home prices saw a 1.1% 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 May:
- The past 12 months saw home prices up 10% on the 8 Capital Cities aggregate across Australia
- Brisbane’s homes are now 7.1% higher than at the same time last year (Sydney’s increase in home prices has rebounded and is 13.1%, just behind Melbourne where home prices rose 13.9% over the past year)
- The Index reports Brisbane apartments rose by 1.3% during May, while our houses dipped 0.1%
- Rental yields for a Brisbane apartment are reported at 5.2%, well ahead of the capital city average of 4.2%. Sydney investors get just a 4% rental yield.
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