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Brisbane Home Prices - 2016

Posted on 24 October 2016

Brisbane's home prices saw a 3.1% rise for the past 12 months, according to the latest Queensland Market Monitor report produced by the Real Estate Institute of Queensland. Here's all their latest numbers for settled and confirmed sales to the end of June:

  • The past 12 months saw a median house sale price of $500,000 in Brisbane, retaining our spot as the third most affordable capital city behind just Hobart and Adelaide
  • Brisbane's median apartment price dipped 1.2% over that year, with a median sale price of $405,000
  • House sellers spent an average 34 days on the market and discounted their price an average 4.1% to get a sale; apartment sellers averaged 47 days and a 3.9% discount on their listing price
  • More than 50,000 residential homes changed hands in this city over the past financial year (36,520 houses and 15,751 units)


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