Is Brisbane the next Sydney?

With Melbourne and especially Sydney Real Estate performing so well in recent times, the attention has turn to Brisbane. Is the Brisbane Real Estate market going to mimic the performance of Sydney and Melbourne?

Here are some relevant articles in favour of Brisbane becoming the next property boom market.

Will Sydney's Strength lead to Brisbane's Property Boom? by Shannon Davies

Chinese Property Investors are starting to move into Brisbane, the Gold Coast and Adelaide by Michael Yardney

Investors to Swamp Brisbane in 2016? By Pete Wargent

However, a number are arguing that the Brisbane market has reached its peak.

What is happening in the Market? by Herron Todd White

Capital City Market Conditions at a glance by Herron Todd White and RP Data

The October CoreLogic RP Data Capital City Wrap video stated the following for Brisbane:

• Home values up 1.9% over September quarter;
• Home values up 4.6% over the past year;
• Median dwelling price $460,000;
• Median house price $494,000;
• Median unit price, $390,000;
• Houses growing at 4.9%
• Units growing at 2.1%;
• House gross rental yield at 4.3%;
• Unit gross rental yield at 5.3%; and
• Higher rental yields a possibility to trigger further investment into South East Queensland

I'll continue to provide summaries from CoreLogic RP Data as well as my own analysis to track how the Brisbane market is going.

For analysis over suburbs within the inner 5km and 10km radius of Brisbane, click here for Part 1 and Part 2.