SEARCH
MENU

Brisbane Property Market – Prices, Trends, Forecast [January 2026]

Which Real Estate Agent
Written By Which Real Estate Agent
Which Real Estate Agent
Which Real Estate Agent
Updated Jan 3, 2026

Brisbane closed December 2025 with strong momentum, continuing to outperform most major markets. Values rose 1.6% over the month and 5.6% over the quarter, leaving the city at its previous peak level. Brisbane dwelling values finished 2025 up 14.5%, with a median dwelling value of $1,036,323.

Market Highlights

  • Sydney ended 2025 with 5.8% annual value growth and a median dwelling value of $1,280,613.
  • The market softened at year-end, with values down 0.1% in December but still up 0.8% over the quarter.
  • Price levels are essentially flat at the top, sitting 0.1% below the prior peak (Nov 2025).
  • The longer runway remains positive: values are up 36.2% over five years and 5.7% since the first rate cut in February.
  • Affordability pressures continue to push demand toward lower-priced segments, with the upper quartile lagging the broader market.
  • Investor returns remain yield-light in Sydney, with a 3.0% gross rental yield, while annual rent growth sits at 4.9% for houses and 6.0% for units.
  • Annual growth has been strongest in more affordable pockets, led by Merrylands, Guildford and St Marys (both 12.5%), followed by Richmond, Windsor (11.6%).

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
Brisbane1.6%5.6%14.5%14.5%18.3%3.4%$1,036,323
Houses1.5%5.4%14.0%14.0%17.4%3.2%$1,131,329
Units1.8%6.2%16.9%16.9%22.1%4.1%$807,161
CoreLogic Home Value Index, Released on 2nd January 2026

Watch CoreLogic’s January 2026 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

The annual result capped a powerful multi-year run, with Brisbane dwelling values up 86.7% over the past five years. Growth also remained solid through the period following the first interest-rate cut of the cycle, rising 13.5% since that point.

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.

Month
Quarter
Annual
Total Return
Median Value

CoreLogic Home Value Index, Released on 2nd January 2026

Curious how your home compares? Grab your free market report now.

Brisbane Property Market Trends

Brisbane’s gains have been supported by continued competition for relatively more accessible price points, a pattern that has strengthened as borrowing capacity and affordability constraints bite. Lending standards and serviceability pressures have kept demand concentrated in lower-to-mid segments, where price growth has tended to be strongest.

Within Greater Brisbane, several pockets have been among the stronger performers, with annual value growth in places like Springwood, Kingston (19.5%) and Sunnybank South (19.4%), alongside other high-growth areas across Logan, Beaudesert, Brisbane South, and parts of Ipswich and Moreton Bay.

On the income side, rental conditions nationally showed a mild seasonal easing late in the year, but remained tight overall. Brisbane recorded solid annual rent growth for both houses (6.2%) and units (6.6%), while gross rental yields on dwellings sat around 3.4%, reflecting the reality that values have been rising faster than rents.

The table outlines CoreLogic’s Home Value Index as of 2nd January 2026, 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>86.7%13.5%
Regional QLD<at peak><at peak>78.1%11.0%
Combined capitals<at peak><at peak>43.4%8.0%
Combined regionals<at peak><at peak>58.5%8.6%
National<at peak><at peak>46.8%8.1%
CoreLogic Home Value Index, Released 2nd January 2026

Discover how your property compares locally with a free property report.

Brisbane Property Market Forecast

Brisbane is likely to move into a slower, more uneven phase in 2026. Inflation uncertainty and the risk of rates staying higher for longer are expected to weigh on confidence, while affordability constraints are set to limit how far and how fast prices can run.

A sharp downturn still looks less likely in the absence of a meaningful lift in supply. Low stock levels and limited new supply should continue to provide a floor under values, even as broader conditions cool. The most probable path is modest growth with performance varying by price band and suburb.

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

Calculate your future property value with these forecasts in mind…

Calculate your future property value with these forecasts in mind…
Enter your property details below and we will give you an estimate of the value of your home.
Property Purchase Price $1M
Average Annual Appreciation 5%
Years Since Purchase 10
Future Property Value
$0

Explore More Queensland Property Insights

Conclusion

Brisbane entered 2026 from a position of strength after a standout 2025 result and a long upswing over recent years. The next stage is expected to be defined by affordability limits and interest-rate uncertainty, with supply constraints helping to prevent a deep correction. Conditions point to slower, patchier growth, with the best resilience likely where relative value and buyer demand stay aligned.

Make Smarter Property Decisions Today

  1. Get a free property report to find out how your property stacks up in the local market.
  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.
Compare your Local Agents