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Brisbane's property values saw a significant turnaround in 2023 from the negative growth experienced in the latter months of 2022, despite 5 interest rate rises throughout the year. Over the 12 months to December, Brisbane dwelling values increased 13.1 per cent. December's increase saw 2023 finish with growth moderating month to month, but still well and truly in positive growth territory.
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Brisbane home prices increased 13.1% across 2023. Ipswich may present better value for money for buyers considering a house. The Brisbane property market's final scorecard for 2023 came in with a resounding 13.1% lift in dwelling values across the year, taking the median value to $787,217, according to CoreLogic's Hedonic Home Value Index.
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