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Brisbane leading the nation in property performance

Brisbane is leading the nation in all four property performance indicators for the first time in more than a decade.

A woman looks at real estate advertising in a newspaper in Brisbane, Monday, Jan. 6, 2014. (AAP Image/Dan Peled) NO ARCHIVING
Source: AAP /Dan Peled

The city is defying a downturn gripping other capital cities, being the only capital where home values have increased over the past year. It's the first time the northern city has seen such results since before the GFC.

New figures show Brisbane is the only capital city to record an increase in home values over the past week, month, year-to-date and 12 months.

The last time the Queensland capital did that was back in 2007 before the Global Financial Crisis.

While home values in the other mainland capital cities headed south, houses and units in Brisbane gained a third of a per cent in value in the past 28 days, according to property researcher CoreLogic.

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1 min read

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By Stergos Kastelloriou



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