QLD’s housing market smashes through $1 trillion value barrier

Source: Aerial photograph of Brisbane. Picture supplied by Harcourts. www.realestate.com.au THE value of Queensland’s housing market has smashed through the trillion dollar barrier for the first time in history. The state’s residential property sector is now worth $1.004 trillion — hitting the milestone in September after hovering on or just below that level for months, according to exclusive figures provided to The Sunday-Mail by property research firm CoreLogic. It’s been a rapid rise to the top, with the total value of Queensland’s housing market sitting at $910 billion only two years ago — that’s an increase of 10 per cent or more than $90 billion in just 24 months. Source: The value of

Canberra house prices record highest growth for August

Source: https://www.realestate.com.au/news/canberra-house-prices-record-highest-growth-for-august/ The nation’s capital made solid ground with property values surging in August, netting the highest growth for any capital city in Australia. New data released by CoreLogic on Monday shows Canberra recorded 0.5% growth in dwelling values in the month, fuelling a 0.4% increase for the quarter to August and an overall 2.3% boost in the past year. It was just one of three Australian capital cities to record growth in dwelling values in August. Adelaide and Darwin also experienced price increases. Houses prices in Canberra grew by 0.5% in August to result in a 3.4% upswing in the past year. This com

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