Brisbane Dwelling Values Fall 2.0% in October Amid Rate Hikes
1 report, 1 independent
Updated Mon 00:00
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What happened
Cotality recorded a 2.0 per cent fall in Brisbane dwelling values over October 2026, bringing the rolling three-month decline to 6.1 per cent. Brisbane was the weakest performing capital in October, and estimated home sales were around 29 per cent lower than the same period last year. Median days on market increased from 17 days a year ago to 38 days.
Why it matters
The decline in Brisbane property values is attributed to the impact of higher interest rates. Despite the recent correction, dwelling values in Brisbane remain 46.1 per cent higher than they were five years ago, with the current median dwelling value standing at $1,018,401.
Who's involved
- BrisbaneLocation experiencing a decline in dwelling values
- Reserve Bank of AustraliaCentral bank whose monetary policy is cited as the cause of the decline
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The entities involved
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Brisbane
capital city of Queensland, Australia