Brisbane home values surge ahead of Melbourne.
Yes it was only a matter of time, & the great thing is that there is a much brighter future on the horizon for Queensland, with the anticipated change of State Government from Labor to the the Liberals in October 2024.
PropTrack’s home value results for April show that Brisbane’s median dwelling value of $818,000 has
surged ahead of Melbourne’s median of $805,000.
Looking further ahead, ANZ recently forecast 9-10% growth for Brisbane dwelling values this calendar year, versus only 2-3% growth for Melbourne:
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