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

Which Real Estate Agent
By Which Real Estate Agent Updated Apr 2, 2025

Brisbane remains one of Australia’s strongest-performing capital cities in 2025. As of March, it reached a new record peak in dwelling values, reflecting ongoing buyer interest and market momentum. The median dwelling value sits at $899,824, with values growing across both houses and units.

Brisbane Property Price Growth

Brisbane saw annual growth of 8.6%, with a 0.4% rise in March and 0.9% over the past quarter. Unit prices outpaced houses on an annual basis, rising 14.1%, while house values grew 7.5%. Suburbs like Beenleigh and Beaudesert led the charge with 12–14% gains year-on-year.

CoreLogic Home Value Index

Capitals/RegionsMonthQuarterYTDAnnualTotal ReturnGross YieldMedian Value
Brisbane0.4%0.9%0.9%8.6%12.7%3.7%$899,824
For Houses:0.3%0.7%0.7%7.5%11.2%3.5%$981,474
For Units:0.7%2.1%2.1%14.1%19.4%4.5%$694,577
CoreLogic Home Value Index, Released on 1st April 2025
Month
Quarter
Annual
Total Return
Median Value

CoreLogic Home Value Index, Released on 1st April 2025

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Brisbane Housing Market Update | March 2025

Brisbane Property Market Trends

The market shows balanced growth across dwelling types, with units gaining stronger traction recently. Brisbane also maintains a solid gross rental yield of 3.7% for dwellings and 4.5% for units, appealing to investors amid a tight rental market and high demand.

Change in dwelling values over key time periods

RegionFrom PeakPeak DatePast 5 YearsPast 10 Years
Brisbane<at peak><at peak>69.3%90.8%
Regional QLD<at peak><at peak>71.3%89.8%
Combined capitals-0.4%Sep-2434.1%63.2%
Combined regional<at peak><at peak>57.4%86.5%
National<at peak><at peak>39.1%68.3%
CoreLogic Home Value Index, Released 1st April 2025

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Brisbane Property Market Forecast

Brisbane’s outlook remains resilient, supported by low housing supply, strong rental returns, and positive sentiment from interest rate cuts. However, challenges like affordability constraints and slower population growth could temper the pace of 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.

CityMedian Price* (Houses)Median Price*(Units)Total Price** (%) Growth (Houses)Total Price ** (%) Growth (Units)
Sydney$1.93M$1.09M18%22%
Melbourne$1.28M$0.78M21%20%
Brisbane$1.21M$0.71M19%23%
Adelaide$0.95M$0.69M16%18%
Perth$1.05M$0.64M30%30%
Canberra$1.17M$0.75M19%20%
Hobart$0.86M$0.71M13%16%
Darwin$0.70M$0.46M24%26%
Combined Capitals$1.34M$0.87M20%21%
* By June 2027 ** Over 3 years; Source: Oxford Economics, Pricefinder

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Conclusion for Homeowners

Brisbane continues to stand out nationally with robust price growth, a healthy rental market, and broad-based buyer demand. While a significant upswing may be limited by broader economic pressures, the city remains well-positioned for stable performance through 2025.

Next steps

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  2. Get a personalised shortlist of the top performing local agents so you can sell, rent or buy with confidence.
  3. Get a free property appraisal to discover the true value of your property.
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