Brisbane Housing Market Video Update | September 2019

Brisbane values have posted their second consecutive month of subtle gains. Dwelling values tick to 0.2% higher in both July and August following a relatively shallow decline phase where home values fell by 2.9%. Unit values have led the improving conditions rising by one and a half per cent over the three months ending August, while house fellows remain relatively flat actually down 0.2% over the same time. The local unit market seems to emerge from the supply hangover, which contributed to 13.3% overall decline in unit values, between the unit market peak back in early 2010 and June 2019.