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Brisbane takes title for fastest rising house prices

House prices are rising faster in Brisbane than anywhere else in the country, with supply levels continuing to fall short of buyer demand and competition for desirable dwellings being bolstered by interstate investors.

Brisbane CBD seen from afar
Price growth has been most pronounced in Brisbane's inner and middle rings. Photo: Shutterstock (Image source: Shutterstock.com)

House prices are rising faster in Brisbane than anywhere else in the country, with supply levels continuing to fall short of buyer demand and competition for desirable dwellings being bolstered by interstate investors.

The number of properties available for sale in Brisbane was 31.3 per cent lower for the four weeks ending October 3, compared to the equivalent period last year, according to CoreLogic.  

New listings over the same period were 2.…

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