Brisbane now second priciest property market with boom to continue
Brisbane has surpassed Canberra and Melbourne to lay claim to being the second most expensive property market in Australia, behind only Sydney.
Signs of a slowdown in Brisbane's property market have given way to indications prices will continue taking off. (Image source: Shutterstock.com)
There has been a significant shift in the rankings of Australia’s most expensive capital city markets.
Brisbane surpassed Canberra to have the second-highest median dwelling value among all capital cities, having overtaken Melbourne earlier this year.
Breaking it down into house and unit markets, we’ve also observed a significant shift in rankings this month.
In May, according to new CoreLogic data, Brisbane’s median house values surpassed Mel…
