Housing Market Update March 2019

Category: Tags :

CoreLogic's new property update for February has been released, showing a thoroughly balanced Brisbane market with stable conditions.

Changes in Dwelling Value
Three months: -0.7%
Twelve months: -0.5%
Average annual growth past decade 1.6%

Median Values
Median Dwelling Value: $490,635
Median House Value: $538,849
Median Unit Value: $378,945

Rental Rates and Yield
Weekly rent (houses): $420
Weekly rent (units): $390
Gross rental yield (houses):  4.3%
Gross rental yield (units): 5.4%

Selling Time
Time on market (February 2019): 60
Time on market (February 2019): 39

More Like This

Leading property economist, Andrew Wilson, recently highlighted three key factors attributable to South-East Queensland's enduring market...
Data from RealEstate.com.au has revealed the most in-demand streets, based on views per property listing. Properties on Dauphin Terrace in...