Useful Facts Without Opinions: Brisbane home prices
Brisbane’s home prices rose by just a whisker during March, according to the latest Core Logic Hedonic Home Value Index. Here’s all their latest numbers:
- The past 12 months saw home prices up 0.8% on the 8 Capital Cities aggregate across Australia
- Brisbane’s dwelling prices rose 0.1% in March and are now 1.3% higher than at the same time last year (Darwin’s homes led the price drops with a 7.5% decrease, followed by Perth -2.4% and Sydney -2.1%. Hobart home prices grew 13% over the past year)
- The Index reports Brisbane apartments dropped 0.5% during the first quarter of 2018, while our houses flat-lined
- Rental yields for a Brisbane apartment are reported at 5.4%, well ahead of the capital city average of 4%. Sydney investors get just a 3.8% rental yield.
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