Rpdata.com Director of Research, Tim Lawless, stated “We expect capital growth rates to cool in 2010 as the cost of mortgage finance is normalised by the RBA. Over the longer-term home values should be expected to track disposable incomes.”
Brisbane values up 2.4% (median price: $439,000)
Brisbane apartments: Capital Growth to February 2010
Month: -0.9%
Quarter: 0.8%
Year to date: 1.9%
Year on year: 7.6%
Brisbane apartments: Capital Growth to March 2010
Month: 1.8%
Quarter: 3.7%
Year to date: 3.7%
Year on year: 9.1%
Medium over quarter = $375,000
Brisbane houses: Capital Growth to February 2010
Month: 0.4%
Quarter: 1.1%
Year to date: 2.0%
Year on year: 7.2%
Brisbane houses: Capital Growth to March 2010
Month: 0.2%
Quarter: 2.1%
Year to date: 2.1%
Year on year: 6.2%
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