Brisbane Property Market – Prices, Trends, Forecast [November 2025]

Brisbane’s housing market continues to be one of the strongest in the country, cementing its place among Australia’s top-performing capitals. Dwelling values rose 1.8% in October, 4.9% over the quarter, and 10.8% annually, bringing the median value to $992,864. This marks Brisbane’s fastest annual pace since 2021 and reflects the city’s ongoing population growth, constrained supply, and robust demand across both owner-occupier and investor segments.

Market Highlights

Housing Metrics Overview

See how Brisbane’s property values have performed across houses and units over various timeframes, along with returns, yields, and median prices.

Watch CoreLogic’s October 2025 Housing Market Update for expert commentary on national and capital city housing trends, price movements, and key market drivers across Brisbane.

Brisbane Property Price Growth

Brisbane has reached a new record high, with cumulative value growth of 82.5% over the past five years and 9.0% since February 2025, when the national rate cut cycle began. Houses rose 10.2% over the year, while units surged 14.0%, making Brisbane one of the few capitals where apartment values outperformed detached homes. Total returns are equally impressive at 14.7%, supported by strong capital gains and healthy rental yields of around 3.5%.

The top-performing suburbs in Greater Brisbane were Caboolture Hinterland and Redcliffe (both up 14.0%), followed by Chermside (13.2%), Sunnybank, Brisbane Inner, and Nathan (all around 13.1%). This broad spread of growth indicates strength across both affordable outer regions and inner-city areas.

View the latest property value movements across Australia’s capital cities. Use the filters to explore monthly, quarterly, and annual changes by dwelling type and region. Data sourced from CoreLogic.

Brisbane Property Market Trends

Brisbane’s growth is underpinned by a severe housing shortage. Advertised listings remain well below average, while buyer demand is consistently above trend. Investor participation has been particularly strong, fueled by the city’s relative affordability compared to Sydney and Melbourne, and its lifestyle appeal. Vacancy rates remain near historic lows, while rental yields, though slightly compressed by rising values, still offer competitive returns for investors.

Construction activity continues to lag behind demand. Nationally, dwelling completions are more than 15% below the decade average, and costs are up 31% over five years. This supply imbalance is keeping upward pressure on prices, particularly in Brisbane’s middle-ring and outer suburbs.

The table outlines CoreLogic’s Home Value Index as of 3rd November 2025, showing peak declines, five-year growth, and changes since the first rate cut in February.

Brisbane Property Market Forecast

Analysts expect Brisbane’s housing market to maintain momentum into early 2026, though growth may moderate as affordability tightens and the rate-cut cycle nears its end. While borrowing capacity received a boost from lower rates earlier in 2025, rising home values have largely offset that advantage. A household on the median income has gained roughly $51,000 in borrowing power since the start of the year, but median dwelling prices in the capitals have climbed by a similar amount.

Continued migration to Queensland and a chronic shortage of new housing are expected to sustain demand. However, inflation risks, potential tightening of investor credit policies, and elevated building costs may temper future gains.

The Reserve Bank of Australia’s ongoing adjustments to interest rates will likely play a crucial role in shaping market dynamics, as higher borrowing costs limit purchasing power for many buyers.

Here are some of the most recent forecasts by the big-4 banks in Australia:

• ANZ predicts a 5-6% increase in capital city property prices in 2024, with Brisbane expected to see the highest rise at 9-10%, Perth property values could go up by 1-11%, Sydney by 4-5%, and Melbourne prices by 2-3%.
• CBA forecasts a 5% rise in capital city prices, with some variations: Brisbane is anticipated to grow by 6%, Melbourne and Perth by 5%, Sydney by 4%, and Adelaide by 1%.
• NAB projects a 5.4% average increase across the capitals, with Brisbane expected to see a 6.5% rise, Perth and Adelaide by 6.2%, Melbourne by 5.5%, Sydney by 5%, and Hobart remaining flat.
• Westpac expects a 6% growth across the combined capitals, with Perth leading at 10%, followed by Brisbane at 8%, Sydney at 6%, Adelaide at 4%, and Melbourne at 3%

Oxford Economics recently released property forecasts predicting where house prices will be in three years.

Explore More Queensland Property Insights

• Hervey Bay Property Market
• Gold Coast Property Market

Conclusion

Brisbane stands out as a national leader in property growth, driven by strong demand, limited supply, and resilient investor confidence. With double-digit annual growth and values at record highs, the city’s housing market remains buoyant but faces emerging constraints from affordability pressures and construction bottlenecks.

Overall, Brisbane’s 2025 story is one of rapid but grounded expansion, a thriving market that continues to outperform, supported by fundamentals rather than speculation.

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