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.

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

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.

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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