Brisbane apartment holders bleeding losses

Tuesday, 13 February 2018

Last week’s December quarter results from Domain (formerly Australian Property Monitors) revealed that Brisbane unit prices continue to fall, and they are now some 14% below their 2009 high in real inflation-adjusted terms:

Domain also revealed that Brisbane unit rents have experienced zero nominal growth in more than five years (i.e. since December 2012):

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.