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Yes, the analysis of Brisbane's property market is included in our pack
Brisbane's real estate market is experiencing significant momentum with house prices reaching an average of $1,020,000 in September 2025.
The market is driven by strong interstate migration, major infrastructure developments, and evolving interest rate conditions that continue to fuel both buyer demand and rental activity across different property types and suburbs.
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Brisbane's property market shows strong growth with house prices averaging $1,020,000 and units outperforming with 11-12% annual growth.
Inner and middle-ring suburbs lead price appreciation while rental yields remain attractive at 4.2% for houses and 5.1% for units.
| Market Metric | Current Value | Trend |
|---|---|---|
| Average House Price | $1,020,000 | 6-7% annual growth |
| Average Unit Price | Lower entry point | 11-12% annual growth |
| House Rental Yield | 4.2% | Stable |
| Unit Rental Yield | 5.1% | Strong performance |
| Vacancy Rate | 1.9% | Slightly increasing |
| Median Weekly Rent (House) | $770 | 6-7% annual increase |
| Median Weekly Rent (Unit) | $613 | 6-7% annual increase |
What's the average house price in Brisbane right now?
As of September 2025, the median house price in Brisbane is $1,019,865, essentially reaching the $1.02 million mark.
This represents a significant milestone for Brisbane's property market, which has experienced sustained growth over recent years. The city has now firmly established itself in the seven-figure price range for median house values.
The current pricing reflects strong underlying demand from both local and interstate buyers, supported by Queensland's population growth and Brisbane's relative affordability compared to Sydney and Melbourne.
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How has that average changed over the past 3 months, the past year, and the past 5 years?
Brisbane house prices have shown consistent upward momentum across all timeframes, with particularly strong performance in recent years.
| Time Period | Price Change | Market Context |
|---|---|---|
| Past 3 Months | 1.5-2% growth | Steady quarterly gains |
| Past Year | 6-7% for houses, 11-12% for units | Units outperforming houses |
| Past 5 Years | Over 40% cumulative growth | Significant long-term appreciation |
| 2020-2022 | Major acceleration period | Pandemic stimulus effects |
| 2023-2024 | Market stabilization | Interest rate adjustments |
| 2025 Trend | Renewed growth momentum | Migration-driven demand |
Which suburbs are seeing the fastest price growth right now?
Inner-city and middle-ring suburbs within 15 kilometers of Brisbane's CBD are leading the growth charge in September 2025.
Newstead, Fortitude Valley, and South Brisbane stand out as the top performers, benefiting from high rental demand, strong yields, and capital appreciation driven by lifestyle amenities and major infrastructure projects.
These areas attract young professionals, investors, and downsizers who value proximity to employment hubs, entertainment precincts, and transport connections.
The growth is supported by limited supply, ongoing urban renewal projects, and the appeal of inner-city living post-pandemic.
Which suburbs are showing slower growth or even declines?
Outer suburban locations and higher-priced premium areas are experiencing more subdued price increases or periods of stagnation.
Affordability constraints and higher interest rates have particularly impacted these segments, with buyers increasingly focused on value and accessibility.
Budget-focused suburbs like Acacia Ridge, Mount Warren Park, and Strathpine, while providing entry points under $500,000, show slower growth compared to premium inner-city locations.
These areas face competition from better-positioned middle-ring suburbs that offer superior capital growth prospects and rental demand.
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What's the current rental yield across different parts of Brisbane?
Brisbane's rental yields remain attractive for investors, with units consistently outperforming houses across most suburbs.
As of September 2025, houses generate approximately 4.2% rental yields while units achieve 5.1%, reflecting the lower entry price points and strong rental demand for apartment living.
Inner-city areas like Newstead, South Brisbane, and Bowen Hills offer the highest yields for units, particularly near universities, hospitals, and transport hubs where rental demand remains consistently strong.
Middle-ring suburbs provide a balanced approach with solid yields and better capital growth prospects, making them attractive for long-term investors.
How are vacancy rates trending in the short term and medium term?
Brisbane's vacancy rates have increased slightly from 1.4% in 2023 to 1.9% in 2024, but remain below national averages.
This upward trend indicates some easing of the extremely tight rental market conditions experienced in recent years, though competition for quality rentals remains intense.
The medium-term outlook suggests vacancy rates may stabilize around 2-2.5% as new supply comes online and migration patterns normalize, but ongoing population growth should prevent any significant softening.
Areas with strong employment growth and infrastructure development are likely to maintain lower vacancy rates than outer suburban locations.
What types of properties are performing best in terms of both sales and rentals?
Units and apartments are currently the standout performers in Brisbane's property market, outpacing detached houses in both price growth and rental yields.
- Units/Apartments: Leading with 11.8% annual price growth versus 6.2% for houses, driven by affordability and demand from young professionals and investors
- Townhouses: Performing solidly with gross yields slightly higher than houses, appealing to families seeking a middle-ground option
- Detached Houses: Remain desirable for families and owner-occupiers but show slower price momentum as buyers shift toward more affordable options
- Inner-city Units: Achieving the highest rental returns due to proximity to employment and lifestyle amenities
- New Apartments: Benefiting from modern amenities and energy efficiency features that attract quality tenants
What are the main drivers behind demand right now?
Multiple factors are converging to drive strong demand in Brisbane's property market as of September 2025.
Interstate and overseas migration continues as Queensland experiences some of Australia's fastest population growth, with many seeking Brisbane's lifestyle and affordability advantages over Sydney and Melbourne.
Major infrastructure projects including new rail lines, metro upgrades, and developments near the city center are attracting both buyers and renters to well-connected locations.
While high interest rates initially slowed market enthusiasm, recent easing has improved borrower confidence and renewed demand from both investors and owner-occupiers.
It's something we develop in our Australia property pack.
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.
How do current buyer budgets typically break down?
Brisbane's property market serves distinct buyer segments with varying budget ranges and property preferences.
| Buyer Segment | Typical Budget Range | Target Properties |
|---|---|---|
| Entry-level | $400,000 - $700,000 | Outer suburbs, smaller units, first-time buyers |
| Mid-range | $700,000 - $1,200,000 | Middle-ring suburbs, townhouses, upgraders |
| High-end | $1,200,000+ | Prestigious suburbs, large homes, inner city premium |
| Investor Focus | $500,000 - $900,000 | Units with high rental yields |
| Downsizers | $800,000 - $1,500,000 | Low-maintenance apartments, good locations |
Where are investors focusing compared to people buying to live in?
Investors and owner-occupiers display distinctly different preferences in Brisbane's property market, reflecting their varying priorities and investment strategies.
Investors predominantly target units and apartments in inner and middle-ring suburbs, prioritizing high rental yields, low vacancy rates, and proximity to employment centers, universities, and transport infrastructure.
Owner-occupiers focus on detached houses and larger dwellings in family-friendly suburbs, favoring mid-range budgets in growth corridors that offer good schools, parks, and community amenities.
The divergence has created distinct sub-markets, with investors driving demand in high-density areas while families compete for houses in established neighborhoods with growth potential.
What's the outlook for the next 6 to 12 months versus the longer-term 3 to 5 year picture?
Brisbane's property market outlook shows different dynamics between short-term and long-term forecasts, reflecting various economic and demographic factors.
For the next 6-12 months, moderate growth of 4-6% is expected, with units likely to continue outperforming houses as affordability pressures persist and buyers seek value options.
The short-term market will be influenced by interest rate movements, seasonal demand patterns, and the release of new supply in key development areas.
Over the longer 3-5 year horizon, continued migration, infrastructure upgrades, and limited new supply should underpin above-average growth in both prices and rents, though some cooling is anticipated as affordability constraints and increased supply take effect.
It's something we develop in our Australia property pack.
If you were to buy today, what area, budget range, and property type would position you best for living, renting out, or reselling later?
The optimal property choice in Brisbane depends on your primary objective, whether for personal residence, investment income, or capital appreciation.
For living, middle-ring suburbs like Clayfield, Coorparoo, and Ashgrove offer strong resale potential combined with excellent amenities, schools, and transport connections within a $800,000-$1,200,000 budget range.
For rental investment, inner-city units near transport hubs, universities, or hospitals in areas like Newstead, South Brisbane, and Bowen Hills perform best for yield and low vacancy, typically requiring $600,000-$900,000.
For resale potential, townhouses and quality units in emerging growth corridors with planned infrastructure investment provide the best balance of affordability, yield, and future capital growth, generally in the $700,000-$1,000,000 range.
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 remains dynamic and opportunity-rich, especially for buyers who prioritise growth suburbs, strategic property types, and market-driven budgets.
The combination of strong migration, infrastructure development, and relative affordability continues to support both capital growth and rental returns across different property segments.
Sources
- Your Mortgage - Median House Prices Around Australia
- OpenAgent - Brisbane Property Market
- RealEstate.com.au - Brisbane House Prices Hit Record High
- Property Update - National Housing Market Update Australia
- Capex Property - Brisbane Property Market Forecast
- Worth Real Estate - Brisbane Suburbs with Strong Rental Demand
- Metropole - Brisbane Housing Market Update
- SQM Research - Weekly Rents Brisbane