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Brisbane house prices leap almost $12,000 in a month

Brisbane's property prices have reached a new record high, with little sign of those capital gains slowing in the short term.

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Brisbane property prices are rising, with no immediate concerns of an imminent market reversal. (Image source: Shutterstock.com)

In October, Brisbane’s property market achieved a remarkable milestone, with values reaching a new peak.

This resurgence followed the hard and fast decline in median prices experienced in the latter months of 2022.

Examining the growth from the beginning of this year, it’s evident that three major Australian capital cities have witnessed strong median value increases above 10 per cent. These standout cities are Brisbane (10.2 per cent), Sydney

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