PHOTO: Unit values in Brisbane are growing, despite oversupply concerns. Photo: Liam Kidston. Source: News Limited
BRISBANE is leading the nation in all four property performance indicators for the first time in more than a decade — defying the downturn gripping the other mainland capital cities.
New figures show Brisbane is the only capital city to record an increase in home values over the past week, month, year-to-date and 12 months.
The last time the Queensland capital did that was back in 2007 before the Global Financial Crisis.
While home values in the other mainland capital cities headed south, houses and units in Brisbane gained a third of a per cent in value in the past 28 days, according to property researcher CoreLogic.
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