14 / 32
Brisbane dwelling values continue to track higher, with values 2.2%
higher over the second quarter of 2016, taking them 2.1% higher
over the past six months and 5.3% higher over the year. Brisbane
unit values, which have increased by 2.4% over the past year, are
increasing in value at a substantially slower pace than house values,
which are 5.6% higher.
Rental rates have continued to show modest falls in Brisbane and
are –0.2% lower over the year for houses and –0.8% lower for
units. Rental yields have also softened over the year due to value
rises outpacing rental changes. In June 2015, gross rental yields
were 4.4% for houses and 5.4% for units, in June 2016 they were
recorded at 4.2% for houses and 5.2% for units.
QUEENSLAND
Brisbane’s annual growth keeps improving
Brisbane’s performance over time
Brisbane’s best performers
Houses
Units
Median Price
$505,000
$389,000
Quarterly change
2.3%
0.9%
12 months change
5.6%
2.4%
5 year total change
12.5%
4.0%
10 year total change
43.6%
33.9%
Rank
Suburb
$
Affordable
1
BINNAWAY
$115,000
10 15.0%
2
COONAMBLE
$140,000
52 12.9%
3
BARRABA
$117,250
31 9.6%
$$
Mid–range
1
BUTTABA
$490,000
35 21.0%
2
MOUNT WARRIGAL
$500,000
74 20.5%
3
KANAHOOKA
$499,000
85 16.0%
$$$
Prestige
1
BURRADOO
$1,300,000
110 25.0%
2
AUSTINMER
$1,112,500
42 17.1%
3
ROYALLA
$1,002,500
12 10.2%
Rank
Suburb
$
Affordable
1
BEENLEIGH
$210,000
90 10.5%
2
WATERFORD WEST
$212,000
49 8.7%
3
SLACKS CREEK
$224,000
62 6.7%
$$
Mid–range
1
CORINDA
$427,500
24 19.5%
2
SALISBURY
$415,000
18 15.3%
3
ANNERLEY
$430,000
141 7.8%
$$$
Prestige
1
MURARRIE
$574,750
54 28.3%
2
KENMORE
$647,500
35 24.5%
3
NEWSTEAD
$624,500
104 8.9%
Rolling Median Price (12 months)
Number sold (12 months)
12 month change in median price
Affordable
= suburbs below 25th percentile
Mid–range
= suburbs between 25th and 75th percentile
Prestige
= suburbs above 75th percentile
Based on CoreLogic monthly indices capital city data to June 30, 2016
Brisbane Median Price
Houses
Units
Dwellings
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
JUN-06
DEC-06
JUN-07
DEC-07
JUN-08
DEC-08
JUN-09
DEC-09
JUN-10
DEC-10
JUN-11
DEC-11
JUN-12
DEC-12
JUN-13
DEC-13
JUN-14
DEC-14
JUN-15
DEC-15
JUN-16
12