Brisbane real estate defies national price retreat
Brisbane’s property prices continue to eke out gains and outperform the likes of Sydney and Melbourne but the market is clearly cooling in the wake of double-digit annual growth rates.
High interstate migration is contributing to Brisbane's sustained run of property price growth over the past couple of years. (Image source: Shutterstock.com)
Brisbane’s sustained appeal, driven by strong demand and ongoing supply constraints, has shielded the property market from broader national declines.
The city continued its resilient performance through December 2024, with median dwelling values rising by 0.5 per cent for the month, contributing to a quarterly increase of 1.8 per cent and an impressive 11.2 per cent annual growth, according to CoreLogic.
In comparison to other capital cities…
