House prices on Qld's Granite Belt record 0.5 per cent increase, defying national trend

 Queensland's Granite Belt region has gone against the grain to be one of the few areas in Australia to record an increase in house prices.

CoreLogic's home value index, released this week, showed Australia's housing market slumped 1.6 per cent in August, the biggest national monthly decline since 1983.

Property prices in regional areas also saw declines, dropping 1.5 per cent.

But house values on the Granite Belt, which includes the towns of Warwick and Stanthorpe, rose 0.5 per cent in August, with the median house price now at $386,833. 

Read More: https://www.abc.net.au/news/2022-09-04/southern-downs-house-prices-defy-national-trend/101400680



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