With the market remaining soft most of last year, Mr Lawless said Brisbane was again becoming more affordable compared to other capital cities.
There had not been such disparity between Brisbane and Sydney prices since 2007 and Melbourne since 2004.
"It just demonstrates that there is quite a strong value proposition opening up within the Brisbane marketplace,'' he said. "Which should make the Brisbane market look much more attractive to investors and also interstate migrants.''
See Courier Mail