Brisbane home values recorded their fourth straight month of growth in October, rising 0.8% over the month to be 1.4% higher since finding a floor in June.
CoreLogic has released their latest housing market update for November 2019.
The rise in home value is occurring reasonably even across the Brisbane market, with top quartile values up 1.2% over the three months ending October, while lower quartile values were up 1%.
Rents held firm over the month but were 1.8% higher over the year.
While rental growth is relatively weak, gross rental yields across Brisbane are higher relative to most other capital cities.
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from Property UpdateProperty Update https://propertyupdate.com.au/brisbane-housing-market-update-video/
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