Brisbane's sales market

Useful Facts Without Opinions: Brisbane’s housing affordability

It’s the most affordable time to buy a home in Brisbane in more than 15 years, according to new research published this month. The ANZ Core Logic Housing Affordability Report shows Brisbane’s median dwelling values rose by only 1.6% pa over the past decade, while household incomes grew 2.5% pa.

“The share of household income required to service a new mortgage hasn’t been this low since 2003”, says the report.

Brisbane house prices

Source: ANZ Core Logic Housing Affordability Report