Are Brisbane high-rise values about to enter growth phase?

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By Leith van Onselen

CoreLogic’s most recent Pain & Gain report showed that 29% of Brisbane apartment owners sold for a loss in the September quarter of 2018:

CoreLogic’s hedonic index also shows that Brisbane unit values have declined by 11% since peaking in March 2008 (obviously much further in real terms):

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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.