Brisbane`s housing market has been holding up better than the largest cities with home values recording less downwards pressure.

Despite the relative resilience dwelling values have slipped by two-tenths of a percent over the June quarter.

You can also check out the local reports for Melbourne and Sydney.

Unit values were down a larger 0.8% while detached House values held firmer down 0.1%.

Brisbane rents have also recorded a mild downturn falling by 0.6% over the June quarter.

However, local rental yields remain well above the combined capital city average tracking at a gross 4.2% for houses and 5.2% for units.

In a positive side of housing demand. Sales activity has shown a sharp rise over the past two months up by an estimated 74% since activity plunged in April.

Brett Warren
About Brett Warren
Brett Warren is Director of Metropole Properties Brisbane and uses his 13 plus years property investment experience to advise clients how to grow, protect and pass on their build their wealth through property.
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