Articles in the 'Price data' Category
Australian house prices have increased by 0.4% over the June Quarter. Hard to imagine such a thing is possible when you are immersed in the negativity of the mainstream media.
The star performers in the June quarter were Melbourne +1.6%, Canberra
Brisbane continues to track sideways and is now well into it’s fifth year of ordinary performance. With the recent interest rate cut from the RBA the rest of 2012 should continue to remain excellent in comparison to 2011 and we
Brisbane recorded a strong result in March with +1.49% growth in the price index, the strongest monthly growth since December 2009. This brings the calendar year results back into the black with a +0.33% result, entirely good and encouraging news
The most recent data has Brisbane presenting as outstanding relative value to our southern friends Sydney and Melbourne. In particular Melbourne is close to historic highs compared to Brisbane, this suggests that the gap is unlikely to remain this wide
The differential in house prices between Sydney and Brisbane continues to present opportunity for value investors. As the price of Sydney homes rises on a relative basis to Brisbane (blue line) so has the performance of Brisbane followed