In fact, Brisbane is the only capital city to record an increase in home values in the past week, month, year to date and 12 months, as Sydney and Melbourne start to lag behind.
According to property researcher CoreLogic, houses and units in the river city gained a third of a per cent in value in the past 28 days.
CoreLogic senior research analyst Cameron Kusher said Brisbane was continuing to record ‘moderate growth’ while other mainland capitals were slowing.
“The rate of growth in Brisbane is generally slower than it was a year ago,” he told news.com.au.
“But when you look at migration to Queensland picking up and what’s happening in Sydney and Melbourne, it’s no real surprise that Brisbane is holding up better.”
Mr Kusher said it was likely Brisbane could see an even further acceleration in home value growth, thanks to migration, improving local economy and the city’s relative affordability.
“I think you’ll see pretty steady growth in the next year or two,” he said.