Brisbane house prices jump $200,000 in a year to hit record high

Brisbane's median house price hit a record $1.21 million in the March quarter, jumping $200,000 year-on-year as unit prices surged 4.9 percent to $800,500. Entry-level demand and tight supply are reshaping the market, with one-bedroom units rising 27.5 percent annually to $670,000. Price growth momentum is easing despite continued strong demand.

Summary by Glance · The Age