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Cotality’s daily dwelling values index shows that Brisbane is once again leading the nation on house price growth, recording appreciation of 0.8% over the past 28 days.
PropTrack’s monthly dwelling values index has also recorded an 89% rise in dwelling values across Brisbane since the beginning of the Covid-19 pandemic in March 2020.
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This 89% increase in Brisbane dwelling values since the pandemic easily eclipsed the 41% rise recorded by Sydney and the 19% increase recorded by Melbourne over the same period.
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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.