Domain reports:
"Although the growth in Brisbane property values was subdued compared to a national increase of 5.9 per cent, South-East Queensland’s market notably did not suffer the dive of markets interstate in the year’s first quarter.
The median Brisbane unit price of $349,666 remained the most affordable of any capital city, and the average property "time on market" has been a testament to the fact.
Both apartments and houses in Brisbane are being snapped up by investors, upgraders and downsizers alike within 29 days the figures showed.
According to rpdata.com properties in Brisbane are providing a "very strong value proposition to potential buyers". The "value for money" in the river city has been underpinned by historically low mortgage rates and only small rises in unemployment."
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