Useful Facts Without Opinions: Inner Brisbane market stats
According to the stats keepers at domain.com.au here’s the latest on the inner Brisbane sales and rental markets for the past 3 months:
- the median sale price for a house was $1.2m and for apartments it was $516,000
- houses took 79 days to sell and apartments 132 days, with their prices discounted an average 7.3% and 6.5% respectively (drop from first listing to final selling prices)
- the median asking rent for an inner Brisbane house was $530 per week, and an apartment $440
- 75% of buyers came from outside the area and 59% of tenants
What’s your take on the current market for inner Brisbane? Please share your opinions!
NB: Domain use ABS SA3 for “Brisbane inner” – this is the tight area of postcodes 4000, 4101 and the Valley/New Farm only.