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
Are you considering investing in Brisbane's real estate market by 2025? Curious about the trends that could shape property values and opportunities in the city? Want to know how economic shifts might impact your buying decision?
We will lay down recent insights, providing you with a clear picture of what to expect. Here, no guesswork, we rely only on solid data to guide your investment choices.
Actually, we know this market inside and out. We keep tabs on it regularly, and all our discoveries are reflected in the most recent version of the Australia Property Pack
1) Brisbane property prices will rise steadily due to strong population growth and limited housing supply
Brisbane's property prices are on the rise, and this trend is set to continue thanks to a few key factors.
First off, Brisbane is experiencing strong population growth, with projections showing a 16% increase by 2032. This surge is largely due to interstate migration and a growing working-age population, which naturally boosts housing demand and pushes prices up.
On the supply side, Brisbane faces a limited housing supply. Even with new developments, the number of available homes isn't keeping pace with demand. Larger high-rise projects are struggling to get off the ground, and the rental vacancy rate is tight, sitting at just 0.9% as of June 2024.
Brisbane's economy is also on the upswing, with sectors like healthcare, technology, and education driving growth. This economic boom is attracting more residents, further increasing housing demand. Major infrastructure projects, such as the Cross River Rail, are set to enhance connectivity and livability, making Brisbane even more appealing.
These factors combined mean that Brisbane's property market is poised for continued growth. The city's appeal is only set to increase, drawing in more people and keeping demand high.
With a strong economy and limited housing supply, Brisbane's property prices are expected to keep climbing. The city's growth trajectory makes it an attractive option for potential buyers looking to invest in a thriving market.
Sources: Brisbane Property Market Forecast 2025: Key Trends and Data, Brisbane's Apartment Supply Shortage Will Only Get Worse: JLL, Report Reveals the Drivers of Brisbane's $275 Billion Future Economy
2) Brisbane's affordable housing prices will rise as demand exceeds supply in the lower market segment
Brisbane's population has grown by 3.09% from June 2022 to June 2023, now exceeding 2.7 million residents.
This surge in people, especially from interstate, has made the housing market more competitive. The rental scene is particularly tight, with vacancy rates at a mere 0.9% for houses and 1.0% for units. As a result, rental prices have jumped significantly, with houses seeing a 9.3% increase and units a whopping 24.8% rise over the past year.
One of the main challenges is the limited land available for new housing projects. Even though the Queensland government is trying to boost housing supply with various policies and incentives, these efforts are not enough to meet the growing demand.
Because of this, the market is experiencing a chronic under-supply, which is a major reason why property prices are climbing. If you're considering buying property in Brisbane, be prepared for some competition, especially in the more affordable segments.
Sources: Property Update, Buyer Scout, Buyer Scout Blog
Everything you need to know is included in our Property Pack for Brisbane
3) Foreign buyers will target Brisbane's new developments for modern amenities and lifestyle offerings
Foreign buyers are zeroing in on Brisbane's new developments, drawn by the city's modern amenities and vibrant lifestyle.
Take the Queen’s Wharf and Dexus Waterfront Brisbane projects, for instance. These developments are not just about buildings; they offer luxury hotels, fine dining, and high-end shopping, making Brisbane a hotspot for those seeking a cosmopolitan lifestyle.
Brisbane's property market is on the rise, with property prices climbing steadily. This growth reflects a strong demand for properties that offer a modern lifestyle, which is exactly what foreign buyers are after.
Infrastructure is another big draw. Projects like the Cross River Rail and Green Bridges are boosting connectivity and urban mobility, making it easier to get around the city and enhancing its appeal to international investors.
These infrastructure improvements, coupled with Brisbane's lively atmosphere, are magnetizing foreign interest. The city is becoming a go-to destination for those looking to invest in a dynamic urban environment.
With all these factors in play, it's no wonder that foreign buyers are focusing on Brisbane's new developments, eager to tap into the city's modern lifestyle offerings.
Sources: Brisbane Economic Development Agency, Buyer Scout
4) Brisbane's riverside neighborhoods will experience a surge in property prices as waterfront living becomes more desirable
Brisbane's riverside neighborhoods are becoming a hot spot, and property prices are expected to rise as a result.
In 2023, riverfront homes were the stars of Brisbane's housing market, with sales surpassing $100 million. A standout was a New Farm property that set a city record by selling for $20.5 million. This shows how much people are willing to pay for a slice of waterfront living.
Looking ahead, experts predict a potential increase in property prices for 2025. ANZ Bank expects a 6.4% rise, while SQM Research is even more optimistic, forecasting growth between 9-14%. This could push the median dwelling price to between $862,000 and $912,000, making waterfront properties a strong investment.
The $2.5 billion transformation of the Eagle Street Pier and Waterfront Place is another factor boosting the appeal of riverside living. This massive project will bring new office towers, a riverfront retail precinct, expanded public spaces, and a fresh dining experience, all of which are expected to draw more buyers to the area.
With these developments, it's no wonder that Brisbane's riverside neighborhoods are becoming increasingly desirable. The combination of limited supply and high demand is likely to keep pushing prices up, making it a prime time to consider investing in this area.
Sources: Realestate.com.au, Buyers Scout, Dexus
5) Brisbane's rental market will maintain stable yields due to balanced supply and demand dynamics
Brisbane's rental market is set to enjoy stable yields thanks to a balanced supply and demand.
Brisbane's rental yields have been pretty steady, with houses holding at 3.6% and units just dipping slightly from 5% to 4.9%. This consistency shows a market that's not too hot, not too cold.
People keep moving to Brisbane, especially from Victoria and New South Wales, which is pushing up the demand for rentals. This influx is expected to continue, keeping the rental market tight and supporting stable yields.
Big projects like the Cross River Rail and the buzz around the 2032 Brisbane Olympic Games are making Brisbane even more attractive. These developments are expected to create jobs, drawing more renters to the area and boosting demand.
Vacancy rates in Brisbane are low, around 1% for both houses and units, showing a well-balanced market. This low vacancy is key to keeping rental yields stable.
Sources: Buyers Scout, Pinnacle Properties, Far East, Property Update
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6) Brisbane's population will surge due to interstate migration boosting housing demand
Brisbane is becoming a popular choice for people moving from other parts of Australia, with over 32,625 new residents arriving in 2023.
Many are drawn to Brisbane for its affordable living and great quality of life, making it a top destination for interstate movers. This influx is putting pressure on the housing market, especially in the outer suburbs, as more people look for homes.
In the year ending June 30, 2023, Brisbane's population grew by 3.09%, reaching around 2.7 million residents. This makes it the fastest-growing city in Australia, particularly in the South East region.
Queensland's annual population growth rate hit 2.7% in 2023, the highest in over 15 years, fueling a dynamic property market. This rapid growth is leading to rising property prices and a tight rental market.
With more people moving in, the demand for housing is increasing, which is likely to continue driving up property prices. The outer suburbs are seeing the most significant impact as new residents seek affordable housing options.
As Brisbane continues to grow, the city is becoming a hotspot for property investment, with many seeing it as a promising opportunity. The combination of population growth and housing demand is shaping a vibrant real estate market.
Sources: Queensland Government Statements, Buyer Scout, Penrose Real Estate
7) Interstate buyers will flock to Brisbane's eastern suburbs for a more relaxed lifestyle
Brisbane's eastern suburbs are becoming a hot spot for interstate buyers seeking a laid-back lifestyle.
In 2023, over 32,625 people moved to Queensland from other states, marking a significant rise in interstate migration. This influx has made Queensland the fastest-growing state in Australia, with a 2.7% annual growth rate, the highest in over 15 years. The eastern suburbs, like East Brisbane and Milton, are seeing a boom in property sales, with unit prices jumping by more than 30% this year.
East Brisbane alone saw a 36.82% annual growth in property prices, while Milton wasn't far behind with a 37.13% increase. This surge shows just how much interest there is in these areas. The lifestyle here is a big draw, with plenty of premium boutiques, cafes, and restaurants, plus bikeways and riverfront greenspaces for those who love the outdoors.
Infrastructure projects are also boosting the appeal of these suburbs. Major developments like the Queens Wharf, Kangaroo Point Green Bridge, Cross River Rail, and Brisbane Metro are all within a 1.5km radius, offering residents better connectivity and amenities. The expansion of Mowbray Park will add 2,733 m² of new riverfront greenspace, perfect for picnics and relaxation.
Brisbane's climate is another plus, with its mild winters and warm summers making it an attractive place to live. The combination of lifestyle, infrastructure, and weather is drawing more people to the eastern suburbs, making them a prime choice for those looking to relocate.
Sources: Queensland Government, Mosaic Property, Property Update
8) Young professionals will flock to Brisbane for jobs and affordable living boosting demand for urban apartments
Brisbane is quickly becoming a hotspot for young professionals.
In 2023, the city added 51,700 new jobs, making it a thriving hub for career opportunities. This boom is especially noticeable in sectors like healthcare and cultural diversity, which are particularly appealing to the younger workforce. With a bustling job market, Brisbane is drawing in talent from across the country.
Living in Brisbane is also easier on the wallet compared to other major Australian cities. For instance, living expenses are 14.6% lower than in Sydney, and when you factor in rent, the cost is 23.6% lower. This affordability allows young professionals to enjoy a comfortable lifestyle without breaking the bank, making Brisbane an attractive place to settle down.
When it comes to real estate, Brisbane offers more bang for your buck. Despite a 64% increase in apartment prices since COVID-19, the city still provides more affordable options than other major urban areas. This is a big draw for young professionals looking to invest in property without the hefty price tag.
Urban development is also on the rise, with projects like the Luxe Group's new apartment complexes. These developments are set to meet the growing demand for urban living spaces, making Brisbane even more appealing to young professionals seeking modern, city-center lifestyles.
With its combination of job opportunities, affordable living, and urban development, Brisbane is poised to attract a wave of young professionals eager to make the city their home.
Sources: Labour Market Update, Numbeo, Property Update
Everything you need to know is included in our Pack for Brisbane
9) Property tax law changes will reshape investment strategies in Brisbane's residential market
Changes in property tax laws are shaking up investment strategies in Brisbane's residential market.
When the Queensland government decided to bump up the Additional Foreign Acquirer Duty (AFAD) to 8% and the Foreign Land Tax Surcharge (FLTS) to 3% in the 2024-25 budget, it was a move to ensure that all property investors, especially international ones, contribute fairly. This change is expected to bring in a hefty $422 million over the coming years.
But not everyone is thrilled. The Property Council of Australia has voiced concerns, warning that these tax hikes could seriously impact Queensland's apartment stock and slow down the delivery of new homes. This echoes what happened back in 2016 when AFAD was first introduced, likely causing a dip in property sales among foreign investors.
Meanwhile, Brisbane's property market is buzzing with steady price growth and a tight rental scene. However, with these new taxes, foreign investors might feel the pinch, potentially leading to shifts in property demand and supply. This could mean investors will rethink their strategies, which might affect rental yields and capital growth in certain areas.
For those eyeing Brisbane, it's crucial to understand how these tax changes could reshape the landscape. Investors might need to adjust their plans, especially in areas where foreign investment has been a key driver.
As the dust settles, the real question is how these changes will play out in the long run. Will they deter foreign investors, or will the market adapt? Only time will tell, but one thing's for sure: Brisbane's property scene is in for a ride.
Sources: Queensland's 2024-25 Budget Changes, Brisbane Property Market Forecast 2025, Tax Applicable to All Foreign Buyers in Queensland
10) Brisbane's aging population will boost demand for smaller, accessible housing options
Brisbane's population is getting older, with the median age steadily rising.
In 2023 and 2024, there's been a noticeable uptick in retirees, leading to a growing demand for smaller, more manageable homes. These homes are not just about size; they need to be accessible and easy to maintain.
Government reports emphasize the need for age-friendly communities, where housing is close to shops and medical centers. This is crucial for older adults who might face mobility issues.
Interestingly, surveys like The McGrath Report 2025 reveal that many seniors, especially those over 75, are leaning towards medium and high-density living. This shift is all about convenience and being part of a community.
For those considering buying property in Brisbane, it's worth noting that the trend towards downsized living is not just a passing phase. It's a response to the practical needs of an aging population.
As the city adapts to these changes, expect to see more developments that cater to the lifestyle and accessibility needs of older residents.
Sources: Macrotrends, KPMG, Queensland Government, The McGrath Report 2025
11) Townhouses in Brisbane will gain popularity for their space and affordability balance
Townhouses in Brisbane are becoming increasingly popular due to their perfect blend of space and affordability.
As Brisbane's population grows, mainly from interstate migration, the demand for affordable housing options is on the rise. Townhouses are a sweet spot, offering more space than apartments but at a lower cost than standalone houses. With the median house price in Brisbane expected to hit $912,000 by 2025, townhouses are a smart choice for budget-conscious buyers.
Brisbane's urban planning policies are also in favor of townhouses. The city's Housing Supply Action Plan and Housing Supply Incentive Policy are designed to encourage higher density living, which includes townhouses. These policies make it easier and more cost-effective to build townhouses, adding to their appeal.
There's also a shift towards smaller households in Brisbane, which fits well with the typical size of townhouses. This demographic change, coupled with a growing preference for low-maintenance living, makes townhouses an attractive option for many.
Insider tip: Townhouses often come with shared amenities like pools or gyms, offering a lifestyle upgrade without the standalone house price tag. This makes them particularly appealing to young professionals and small families looking for community living with added perks.
Sources: Brisbane City Council, PB Property, Buyer Scout
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12) Brisbane's apartment market will attract young professionals as urban living becomes more appealing
Brisbane's apartment market is catching the eye of young professionals for several compelling reasons.
There's a growing trend towards urban living, with many opting for spacious apartment homes in vibrant areas like Newstead, Ashgrove, and Teneriffe. These neighborhoods are not just about location; they offer local amenities that cater to sustainable living and smart home enthusiasts.
Brisbane's population is on the rise, with a projected increase of over 16% by 2032, largely fueled by interstate migration. People are flocking from New South Wales and Victoria, drawn by more affordable housing and a better lifestyle. The city's population growth rate of 2.6% is above the national average, signaling a strong demand for housing.
The rental market in Brisbane is expected to stay robust, with vacancy rates projected to remain low at around 1%. This tight market is driven by high demand from both local and interstate renters. While house rents have surged, apartments offer a more budget-friendly option, making them particularly appealing to young professionals.
Young professionals are increasingly drawn to Brisbane's apartment market because it aligns with their lifestyle and financial goals. The combination of affordable living, modern amenities, and a vibrant urban environment makes it an attractive choice.
Sources: Capex Property, Buyer Scout, Pinnacle Properties
13) Pet-friendly property demand in Brisbane will increase with growing pet ownership
Pet ownership is booming in Australia, with about 69% of households now having a pet.
In Brisbane, this trend is likely similar, meaning more people are on the hunt for homes that can accommodate their furry companions. Over 62,000 pets were adopted in Australia during the 2022-2023 financial year, showing a clear surge in pet ownership.
As more people bring pets into their lives, the need for pet-friendly living spaces naturally grows. Consumer surveys reveal that 85% of pet owners believe their pets have positively impacted their lives, strengthening the bond between humans and animals.
This strong connection drives the desire for homes that cater to both people and pets, further increasing the demand for pet-friendly properties. In Brisbane, this means more buyers are looking for features like fenced yards, pet doors, and nearby parks.
Real estate agents in the area are noticing this shift, with more clients specifically asking for pet-friendly amenities. Pet-friendly properties are becoming a top priority for many homebuyers, reflecting the growing importance of pets in people's lives.
As pet ownership continues to rise, the demand for homes that welcome these new family members will likely keep climbing. Brisbane's real estate market is adapting to meet this need, offering more options for pet-loving buyers.
Sources: RSPCA Knowledge Base, PetRescue
14) Indooroopilly will become a family hotspot for its excellent schools and green spaces
Families are increasingly drawn to Indooroopilly for its top-notch schools and lush green spaces.
One of the standout features of Indooroopilly is its excellent educational institutions. Indooroopilly State High School, for example, consistently shines in national assessments like the NAPLAN, making it a magnet for parents eager to provide their children with a quality education. This reputation for academic excellence is a major reason families are choosing to settle here.
Beyond education, the suburb's abundance of green spaces is another big draw. The local government has been proactive in enhancing parks and recreational areas, which adds to the suburb's charm. Recent improvements at the Indooroopilly Bus Terminal, including new green spaces and planter boxes, have made the area even more inviting. These spaces offer families a chance to unwind and enjoy outdoor activities in a beautiful setting.
The housing market in Indooroopilly is also heating up, with more families moving in. The suburb's population was 14,599 in 2023, reflecting this growing interest. The demand for homes is largely driven by the desire for quality education and access to green spaces, making Indooroopilly a sought-after location.
Property values in Indooroopilly are rising, indicating that families are willing to invest in this suburb. Compared to other Brisbane areas, Indooroopilly's appeal is clear, with its combination of educational opportunities and natural beauty. This trend underscores its status as a family-friendly hotspot.
With its blend of excellent schools and inviting green spaces, Indooroopilly is set to become a prime destination for families looking to settle in a vibrant and nurturing environment.
Sources: Good Schools, BSG Commercial, City Population
Everything you need to know is included in our Property Investment Pack for Brisbane
15) Brisbane luxury property prices will rise significantly as high-net-worth individuals seek exclusive residences
The luxury property market in Brisbane is set for a significant price increase as high-net-worth individuals seek exclusive residences.
Over the past five years, Brisbane's luxury property values have grown by 50.5%, with many homes now exceeding the $2 million mark. This trend is expected to continue, fueled by a steady influx of wealthy buyers. Brisbane is becoming a hotspot for these individuals, thanks to its high quality of life and excellent amenities.
Australia is projected to welcome around 5,200 new millionaires in 2024-2025, many of whom are eyeing Brisbane. The city's appeal is boosted by its robust infrastructure and the promise of development linked to the upcoming 2032 Olympic Games. This event is expected to drive a decade of growth and transformation, making Brisbane even more attractive.
Brisbane's reputation as a lifestyle destination is also on the rise. The city consistently ranks high in global livability indexes, offering a stable and high-quality living environment. This, combined with its affordability and job growth, continues to attract interstate migration, making it a prime spot for luxury property seekers.
With its blend of lifestyle appeal and economic opportunity, Brisbane is drawing attention from both local and international buyers. The city's ongoing development projects and population growth are set to further enhance its desirability. As a result, the luxury property market is poised for continued expansion.
Sources: Capex Property, Creimerman Law, Hunter Galloway, Smart Property Investment
16) Brisbane's property market will thrive with expanded public transport boosting accessibility
The expansion of Brisbane's public transport networks is set to significantly benefit the property market.
With the Queensland Government's massive investment of $107.26 billion in public transport infrastructure from 2023 to 2027, Brisbane is gearing up for enhanced connectivity and accessibility. This means getting around the city will be easier and faster, making it a more attractive place to live.
Take the Cross River Rail project, for example. It's expected to be completed by late 2025 and will improve connectivity across Brisbane, especially in suburbs like Woolloongabba and Dutton Park. These areas are likely to see a jump in property prices as they become more accessible and appealing to potential buyers.
In 2023, there was a noticeable increase in public transport usage in South East Queensland. Bus patronage alone jumped from 72.7 million to 97.18 million passengers. This growing reliance on public transport often leads to increased property values in well-connected areas, as more people prefer living in places with easy access to transit options.
For those considering buying property in Brisbane, these developments are worth noting. As public transport becomes more efficient, areas with improved access are expected to become hotspots for property investment. This trend is particularly evident in suburbs benefiting directly from new transport projects.
Sources: Roads.org.au, Statista, Aurora Realty
This article gives you valuable insights, but remember, it’s not and will never be investment advice. We pull data from a range of sources to provide you with the most accurate picture possible, yet we can’t guarantee complete accuracy. Markets are difficult to predict. Make sure to do your own research and consult a professional before making any financial moves. Any risks or losses are your own responsibility.