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Brisbane median house price cracks a million dollars as Queensland roars on

Queensland’s resilient property market appears to be defying the downturn experienced in southern states, with house prices still climbing 3.2 per cent and Brisbane houses breaking a milestone median.

Weatherboard house in Brisbane.
Queensland property prices continue to surge upwards.

Queensland’s resilient property market appears to be defying the downturn experienced in southern states, with median house prices still climbing 3.2 per cent and median unit prices rising 2.2 per cent in the first quarter of 2022.

Real Estate Institute of Queensland (REIQ) CEO Antonia Mercorella said Queensland’s property market performed positively yet again in the March 2022 quarter, and the stage was still set for continued growth.

“Over th…