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

Which Real Estate Agent
Written By Which Real Estate Agent
Which Real Estate Agent
Which Real Estate Agent
Updated Oct 1, 2025

Brisbane’s housing market continues to strengthen, standing out as one of the strongest-performing capitals in 2025. Low supply levels and steady demand have underpinned values, giving the city a competitive edge compared to larger capitals. As of September 2025, Brisbane’s median dwelling value sits at $969,868, reflecting robust buyer interest and tight listing conditions.

Market Highlights

  • Brisbane dwelling values rose 1.2% in September, lifting the median to $969,868.
  • Quarterly growth was 3.5%, with an 8.8% annual rise, outpacing most other capitals.
  • Over the past 5 years, values are up a striking 80.1%, making Brisbane one of the top performers.
  • Units have outpaced houses for seven straight quarters, reflecting a severe supply shortage.
  • Listings remain 31% below average, driving intense competition among buyers.
  • Suburbs like Redcliffe, Strathpine, and Cleveland–Stradbroke posted annual gains above 11%.
  • Rental yields average 3.6%, with investor demand supported by population growth and tight housing delivery.

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.

City / Property TypeMonthQuarterYTDAnnualTotal ReturnGross YieldMedian Value
Brisbane1.2%3.5%7.4%8.8%12.7%3.6%$969,868
Houses1.1%3.3%6.9%8.1%11.6%3.4%$1,062,109
Units1.7%4.7%10.0%12.4%17.5%4.3%$755,087
CoreLogic Home Value Index, Released on 1st October 2025

Watch CoreLogic’s September 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

Over the past month, values rose 1.2%, while the September quarter delivered a 3.5% gain. On an annual basis, dwelling values surged 8.8%, far above the national rate of 4.8%. Looking longer term, Brisbane has seen extraordinary appreciation, with prices up 80.1% over the past five years, marking it as one of the country’s standout growth markets.

Notably, units have outperformed houses for seven consecutive quarters, driven by a severe supply shortage in attached dwellings. This is unusual compared to most other capitals, where house values typically lead growth.

Month
Quarter
Annual
Total Return
Median Value

CoreLogic Home Value Index, Released on 1st October 2025

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Brisbane Property Market Trends

Listings remain deeply constrained, with advertised stock levels sitting about 31% below average, intensifying competition among buyers. Suburbs in Moreton Bay and the eastern coastal fringe recorded particularly strong double-digit annual gains, with areas such as Redcliffe, Strathpine, and Cleveland–Stradbroke rising between 11–12%.

The rental market remains tight, with yields averaging 3.6%. Although rental growth has been slower than in some smaller capitals, the pressure from population growth and limited housing delivery continues to support investor demand.

The table outlines CoreLogic’s Home Value Index as of 1st September 2025, showing peak declines, five-year growth, and changes since the first rate cut in February.

RegionFrom PeakPeak DatePast 5 YearsSince Feb
(1st rate cut)
Brisbane<at peak><at peak>80.1%6.6%
Regional QLD<at peak><at peak>76.9%6.0%
Combined capitals<at peak><at peak>43.2%4.5%
Combined regionals<at peak><at peak>59.3%4.2%
National<at peak><at peak>46.8%4.4%
CoreLogic Home Value Index, Released 1st October 2025

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Brisbane Property Market Forecast

Momentum in Brisbane looks set to continue. Lower interest rates and a competitive labour market are expected to sustain demand, while the undersupply of homes ensures ongoing upward pressure on prices. Family-friendly suburbs and coastal lifestyle areas are positioned to see the greatest benefit.

However, stretched affordability may slow the pace of gains, especially in inner-city pockets where prices have already escalated sharply.

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

Brisbane remains one of Australia’s property success stories, outperforming larger markets like Sydney and Melbourne. With limited supply, strong buyer demand, and unit values leading the charge, the city is likely to see continued price growth through the remainder of 2025. The balance of affordability challenges and supply constraints will determine how far this momentum extends into 2026.

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