THE value of Queensland’s housing market has smashed through the trillion dollar barrier for the first time in history.
BRISBANE was the only major state capital to see home values grow last month, escaping the worst national housing decline in six years that’s hit other states.
BRISBANE’S beaten down apartment market is on the verge of a major recovery, with a leading analyst predicting unit values to jump more than 6 per cent next year.
BRISBANE’S median house price has hit a new high, with market growth up 30 per cent in the past five years.
QUEENSLAND is now the best place in the country to be a tenant, with the state pulling the Australia’s biggest improvement in rental affordability in the past year.
BRISBANE real estate is punching above its weight, with one property figure rising above both Sydney and Melbourne for the first time on record.
A FRESH buzz has emerged around Brisbane after its auction clearance rate punched above the national average to beat both Sydney and Melbourne for the first time on record.
BRISBANE is leading the nation in all four property performance indicators for the first time in more than a decade — defying the downturn gripping the other mainland capital cities.
BRISBANE is the only Australian capital to come away from July with a rise in home values, with latest data showing every other major city has gone backwards.