Brisbane home values edged back into a positive growth in September, following four straight months of decline.
Values were up half a percent over the month, with both house and unit values lifting.
Brisbane housing values are only half a percent lower than their pre-COVID high, although the historical underperformance in the unit sector means that values remain almost 12% lower than they were in 2010.
Rental conditions have seen some divergence between houses and units, with house rents rising 0.2% over the past six months while unit rents are down 1.6%.
The trend towards weaker unit rents can be seen across other capital cities and can be attributed to both higher supply levels and a demand shock from less migration.