Brisbane's 2023 prospects a mixed bag after latest declines
In the face of declining prices, the Brisbane real estate market's fundamentals remain strong and wild property price rises or declines appear unlikely.
When Brisbane suffered another huge flood event in February, it marked the first sign of the market dampening since the post Covid-19 boom. (Image source: Shutterstock.com)
Depending on whose data you accept, property prices in Brisbane have continued to decline on a monthly basis at anywhere from just 0.18 per cent (PropTrack) to a far more concerning 1.5 per cent (CoreLogic).
According to CoreLogic’s latest national snapshot, which revealed the country’s real estate prices had declined at record pace
in the past nine months, Brisbane’s monthly decline was only outpaced among the state capitals by Hobart’s slide o…
