Brisbane's median property values race to a record high, jumping more than 40 per cent in some suburbs

 Queensland's property prices are moving further out of reach for first home buyers with new figures showing values in some suburbs jumped more than 40 per cent in the 12 months to March.

Eliza Owen, head of research at property analysis firm CoreLogic, said some areas considered affordable are now rising in value due to a "spillover" from demand in Brisbane.

In Logan and Beaudesert, Cedar Grove and Cedar Vale rose by 44 and 42 per cent, respectively – though their median values are still lower than the median across Greater Brisbane.

Read More: https://www.abc.net.au/news/2022-04-10/qld-real-estate-price-south-east-queensland/100979652



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