Brisbane still throwing off shackles of rate rises
The most recent interest rate hike has had minimal impact on the Brisbane real estate market but there are other pressures acting as obstacles to further price rises.
There's a tangle of competing influences driving the Brisbane property market but the road to growth is so far winning out. (Image source: Shutterstock.com)
Brisbane’s property market continues to surpass the national average in terms of price growth.
While the national markets saw their smallest monthly gain since the growth cycle began in February, Brisbane maintained a more robust monthly growth result.
In the previous cycle, Brisbane witnessed an 8.9 per cent decrease in median property values from its peak in June 2022 to the trough in February 2023.
Since then, there has been a fast recovery…
