Brisbane House Market Offsetting Negative Growth of Unit Market

The Brisbane market is currently holding strong as dwelling values remained unchanged over the past month.

The dwelling values have grown 0.3% higher over the year to date. House values are acting as the primary driver of these steady conditions as the sector helps to offset the negative, although still improving, negative change of the unit market.

Brisbane unit values remain 11.2% below the record high recorded back in 2010.

However, as we see supply levels are moving back towards balanced and rising demand, the unit sector may begin to show consistent improvement.