Brisbane
Brisbane home values remain slightly in the red on an annual basis, with home values -0.5 per cent lower in May than the same time last year. Over the first five months of 2009 Brisbane has begun to once again show positive growth. During the first five months of the year house values increased 1.6 per cent whilst unit values fell by -0.3 per cent despite the fact Brisbane is home to mainland Australia’s most affordable unit market. Rental returns for houses have softened slightly and currently sit at 4.6 per cent whilst unit rental yields continue to improve and are now recorded at 5.5 per cent.
No comments:
Post a Comment