Authored by the expert who managed and guided the team behind the Australia Property Pack
Yes, the analysis of Brisbane's property market is included in our pack
Brisbane's property market continues to show remarkable strength in September 2025, with median house prices reaching over $1 million and apartments experiencing double-digit growth rates. The city's property sector is driven by strong interstate migration, infrastructure development, and relatively affordable prices compared to Sydney and Melbourne, making it one of Australia's most attractive real estate markets.
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Brisbane's property market remains exceptionally strong with median house prices at $1,019,865 and apartment prices at $727,110 as of August 2025, driven by interstate migration and infrastructure investment.
Units are outperforming houses with 11.8% annual growth compared to 6.2% for houses, while rental yields remain attractive at 4-5% for apartments and 3.5-4% for houses.
| Property Type | Current Median Price | Annual Growth Rate | Rental Yield |
|---|---|---|---|
| Houses | $1,019,865 | 6.2% | 3.5-4% |
| Apartments/Units | $727,110 | 11.8% | 4-5% |
| Combined Dwellings | $934,623 | 7.5% | 3.8-4.5% |
| Townhouses | $850,000-$950,000 | 5-7% | 3.8-4.2% |
| Rental Vacancy Rate | 1% or lower | Decreasing | Landlord favorable |
| 2-3 Year Forecast | 5-10% total growth | Moderate increase | Stable to improving |
| 5-10 Year Outlook | 5-8% annual average | Sustained growth | Long-term strength |
What's the current average price for houses and apartments in Brisbane right now?
As of September 2025, Brisbane's median house price sits at $1,019,865, while apartments are priced at a median of $727,110.
These prices represent the strongest market position Brisbane has held in recent years. The combined dwelling median across all property types reaches $934,623, demonstrating the city's transition into the million-dollar property market territory.
Houses command the highest absolute prices due to land value and space, while apartments offer a more accessible entry point for first-time buyers and investors. The price gap between houses and apartments remains substantial at approximately $292,755, providing clear differentiation between property segments.
Regional variations exist within Brisbane, with inner-city apartments often exceeding the median due to location premiums, while outer suburban houses may fall below the median depending on the specific area and amenities.
These prices reflect strong market fundamentals and continued buyer confidence in Brisbane's property sector.
How have property prices changed over the past 6 months, and what's the short-term outlook for the next 6 months?
Brisbane property prices have experienced robust growth over the past 6 months, with houses appreciating by approximately 6.2% annually and apartments surging by 11.8%.
This growth trajectory has been particularly strong for apartments, which have outperformed houses significantly. The apartment segment's double-digit growth reflects investor confidence and the segment's relative affordability compared to houses.
Looking ahead to the next 6 months, major financial institutions forecast continued growth at a slightly moderated pace. KPMG projects 4-5% growth, while NAB, Westpac, and ANZ anticipate 4-6% increases through early 2026.
The slight moderation in growth expectations suggests the market is finding a more sustainable rhythm after the recent surge. However, the underlying drivers of demand remain strong, supporting continued price appreciation.
It's something we develop in our Australia property pack.
What are the forecasts for property prices in Brisbane over the medium term, say 2–3 years?
Medium-term forecasts for Brisbane property prices over 2-3 years indicate total growth of 5-10% by 2027, with most analysts expecting the market to maintain positive momentum.
Major banking institutions project steady, moderate annual growth rates of 3-6% per year during this period. This represents a normalization from the higher growth rates seen in 2024-2025 while maintaining healthy appreciation levels.
The forecast takes into account potential interest rate movements, with some downside risk if rates rise significantly. However, Brisbane's strong migration patterns and supply constraints are expected to provide underlying support for continued growth.
Infrastructure investments, including transport upgrades and urban development projects, will likely contribute to sustained demand and price appreciation across the medium term.
These projections assume no major macroeconomic disruptions and continued population growth in the region.
What are the longer-term expectations for Brisbane property values over the next 5–10 years?
Long-term expectations for Brisbane property values over 5-10 years remain highly positive, with analysts projecting average annual growth of 5-8% based on structural market drivers.
Continued population growth, driven by interstate migration and international immigration, forms the foundation of long-term value appreciation. Brisbane's relative affordability compared to Sydney and Melbourne positions it as a primary destination for families and professionals.
| Growth Driver | Impact Level | Time Horizon |
|---|---|---|
| Interstate Migration | High | Ongoing |
| Infrastructure Investment | High | 5-10 years |
| Population Growth | Medium-High | Long-term |
| Economic Development | Medium | Medium-term |
| Supply Constraints | Medium | Variable |
| Interest Rate Environment | Variable | Cyclical |
| Employment Growth | Medium-High | Long-term |
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Which suburbs or areas of Brisbane are seeing the strongest growth, and which are lagging behind?
Brisbane's strongest growth areas include inner-city locations and popular family suburbs such as Mount Gravatt, Kedron, and Carindale, along with premium lifestyle areas and school zones.
High-performing suburbs benefit from infrastructure improvements, school catchment areas, and proximity to employment centers. These areas attract both owner-occupiers and investors, driving sustained demand and price appreciation.
Lagging areas typically include outer suburbs with excessive new supply, lower-income districts, and flood-prone locations where buyer confidence remains subdued.
For buyers seeking value under $500,000, options include Acacia Ridge, Mount Warren Park, Deagon, Strathpine, and Alexandra Hills for houses. Unit buyers in this price range should consider Moorooka, Clayfield, Bowen Hills, East Brisbane, and Spring Hill.
The performance gap between high-growth and lagging suburbs continues to widen, making location selection crucial for investment success.
How do property trends differ between houses, townhouses, and apartments?
Apartments and units currently lead Brisbane's growth with increases of 11-12%, significantly outperforming houses and townhouses due to investor appeal and relative affordability.
| Property Type | Current Performance | Buyer Profile |
|---|---|---|
| Apartments/Units | Leading growth (11-12%) | Investors, first-time buyers |
| Houses | Solid growth (6-7%) | Owner-occupiers, families |
| Townhouses | Steady performance (5-7%) | Downsizers, small families |
| Luxury Houses | Premium segment growth | High-net-worth individuals |
| New Apartments | Mixed performance | Investors, upgraders |
| Established Houses | Strong owner-occupier demand | Families, lifestyle buyers |
| Off-the-Plan Units | Developer-dependent | Investors, speculators |
What are the current rental yields across different property types and areas in Brisbane?
Brisbane rental yields remain attractive across property segments, with apartments delivering 4-5% annual gross yields and houses providing 3.5-4% returns.
Three-bedroom houses command weekly rents of approximately $692, translating to annual yields around 3.5-4%. Two-bedroom units achieve weekly rents near $605, delivering higher yields of 4-5% due to lower purchase prices.
Units offer superior yield metrics due to their lower entry costs, while houses typically provide stronger capital growth prospects over time. This creates different investment strategies depending on investor priorities.
Geographic variations exist within Brisbane, with middle-ring suburbs often providing the optimal balance of yield and growth potential for investors.
It's something we develop in our Australia property pack.
How is the vacancy rate trending in Brisbane, and what does that mean for landlords?
Brisbane's vacancy rates remain exceptionally low at around 1% or lower across most areas, creating highly favorable conditions for landlords with minimal downtime and strong rental growth.
The persistently tight rental market enables landlords to achieve consistent rent increases while experiencing virtually no vacancy periods. This translates to maximized rental income and minimal void costs.
Tenant demand continues to exceed supply significantly, driven by population growth and limited rental stock availability. This imbalance strongly favors property owners and investors in the rental market.
The low vacancy environment supports confident investment decisions and provides landlords with strong negotiating power in lease renewals and rent setting.
These conditions are expected to persist given ongoing migration patterns and construction constraints in the rental supply pipeline.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Australia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.
What are the main drivers influencing buyer demand in Brisbane right now?
Brisbane buyer demand is primarily driven by strong interstate migration, particularly from New South Wales and Victoria residents seeking more affordable property options.
- Interstate Migration: Families and professionals relocating from Sydney and Melbourne for better affordability and lifestyle
- Relative Affordability: Brisbane properties remain significantly cheaper than equivalent properties in Sydney and Melbourne
- Infrastructure Investment: Major transport, hospital, and education facility upgrades enhancing area attractiveness
- Employment Growth: Expanding job opportunities in technology, healthcare, and professional services sectors
- Tight Rental Market: Low vacancy rates encouraging investment purchases for rental income
- Lifestyle Appeal: Subtropical climate, outdoor lifestyle, and cultural amenities attracting lifestyle buyers
- Government Incentives: First home buyer schemes and stamp duty concessions supporting entry-level demand
If I want to buy a home to live in, where should I be looking and at what budget range?
For owner-occupiers seeking affordability, focus on outer ring suburbs like Acacia Ridge, Deagon, and Strathpine where houses remain below the median price point.
Family-oriented buyers should consider inner-north suburbs and school catchment areas with budgets between $800,000-$1.2 million for established houses with good amenities and transport access.
Apartment buyers can find suitable options in inner-city and fringe locations with budgets of $400,000-$700,000, depending on size, building quality, and specific location preferences.
First-time buyers should prioritize areas with strong transport links, growing infrastructure, and established communities to ensure both lifestyle satisfaction and future resale potential.
Consider proximity to employment centers, schools, shopping, and transport when selecting locations within your budget parameters.
If I want to invest for rental income, what property type and area would make the most sense today?
For rental income focused investment, target apartments and units in city fringe and middle ring locations with purchase prices between $500,000-$750,000 to optimize yield potential.
| Investment Strategy | Property Type | Location |
|---|---|---|
| Maximum Yield | Units/Apartments | City fringe, middle ring |
| Balanced Approach | Townhouses | Established suburbs |
| Growth + Income | Houses | High-demand suburbs |
| Entry Level | 1-2 bed units | Transport corridors |
| Premium Income | 3+ bed houses | Family suburbs |
| Student Market | Units near universities | St Lucia, Nathan |
| Professional Tenants | Modern apartments | Inner city, CBD fringe |
If I'm aiming to buy, hold, and resell in a few years, which suburbs and property types offer the best resale potential?
For optimal resale potential, focus on suburbs experiencing infrastructure upgrades, gentrification, and strong population growth, particularly areas with new transport or retail developments.
Units in rapidly developing inner-city areas and transit hubs offer strong resale prospects due to ongoing urban densification and transport improvements. These properties appeal to both investors and owner-occupiers.
Houses in prestigious family-friendly suburbs with limited new supply provide excellent resale potential, particularly those in established school catchment areas with heritage appeal and infrastructure access.
Look for areas where major infrastructure projects are planned or underway, as these typically drive significant value appreciation over 3-5 year holding periods.
It's something we develop in our Australia property pack.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Brisbane's property market in September 2025 demonstrates exceptional strength across all segments, with apartments leading growth and rental yields remaining attractive for investors.
The combination of interstate migration, infrastructure investment, and relative affordability positions Brisbane as one of Australia's most promising property markets for both owner-occupiers and investors.
Sources
- Property Update - Brisbane Property Market Outlook
- Your Mortgage - Median House Prices Australia
- OpenAgent - Brisbane Property Market Profiles
- Metropole - Brisbane Housing Market Update
- NAB - Brisbane Property Market Insights
- RealEstate.com.au - Brisbane Property Boom Analysis
- KPMG - House Price Forecast Australia
- SQM Research - Brisbane Weekly Rents