Queensland properties have seen an increase in land values for 2019, following the Valuer-General’s report, with Brisbane leading the trend.
Brisbane had a median rise of 7.1 percent, with more than 300 000 residential properties valued. Brisbane’s median residential property now sits at $455,000, and rural residential at $670,000.
Valuer-General, Neil Bray, says in his report, “There are continued signs of strength in some areas of Queensland’s property market.”