What if you bought a Brisbane City unit 5 years ago?

In the recent property market dip, the Brisbane City apartment market has remained stagnant.

Since 2014 to present day, the value of an apartment in Brisbane City has fallen $7,500 (seen below).

Time on market for unit's has also increased over 5 years. Its up two weeks, according to the latest data.

As of September 2019 the median apartment price in Millers Point is $492,500.

To learn all you need to know about Millers Point, from median asking rents to household composition, click here. 

As a landlord it is important to check the asking rent trend regularly to ensure you are getting the most value out of your investment.