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 is experiencing record-breaking growth as of September 2025, with prices surging to historic highs across all property types. The Brisbane residential market shows strong momentum driven by robust demand significantly outstripping supply, creating a competitive environment that favors both capital growth and rental yields for property investors.
If you want to go deeper, you can check our pack of documents related to the real estate market in Australia, based on reliable facts and data, not opinions or rumors.
Brisbane property prices continue their upward trajectory with houses averaging $1.03 million and apartments around $745,000 as of September 2025.
Units are outperforming houses in terms of price growth, rising 10-18% annually compared to 6-7% for houses, with forecasts predicting continued strong performance over the next 6-12 months.
| Property Type | Median Price (Sept 2025) | Annual Growth | Rental Yield | 6-12 Month Forecast |
|---|---|---|---|---|
| Houses | $1,032,000 | 6-7% | 3.5% | 4-6% growth |
| Apartments/Units | $745,000 | 11-18% | 4.5% | 7-9% growth |
| Townhouses | $800,000 | Similar to units | 4.0% | 5-8% growth |
| Market Outlook | Strong demand | Supply shortage | Low vacancy (1%) | Continued growth |
What are the average house and apartment prices in Brisbane right now?
Brisbane's residential property market shows median house prices at approximately $1,032,000 in Greater Brisbane as of September 2025.
Apartments and units are trading at a median price of around $745,000, with inner-city Brisbane LGA properties commanding slightly higher prices at $705,000 for units. Townhouses typically fall between $750,000 and $850,000 depending on the specific suburb and proximity to amenities.
The Brisbane housing market demonstrates a clear price hierarchy where houses command the highest median prices, followed by townhouses, then apartments. However, this price gap is narrowing as apartment demand intensifies due to affordability constraints for first-home buyers.
These current prices represent record highs for Brisbane's property market, reflecting sustained demand pressure and limited supply across all property types.
How have prices changed in the last three months compared to the last year?
The Brisbane property market shows accelerating momentum with significant price increases over both short and long-term periods.
Over the last three months, house prices increased by 1.5-2.0%, while units experienced stronger growth of 2.4-4.5%. This quarterly performance indicates sustained market momentum heading into the final quarter of 2025.
The annual comparison reveals even more dramatic growth, with houses appreciating 6-7.3% over the past year. Units significantly outperformed with annual growth ranging from 10.9% to 17.8% depending on location and specific property characteristics.
This data demonstrates that Brisbane's apartment market is experiencing exceptional growth rates, nearly double that of houses, primarily driven by affordability pressures pushing buyers toward more accessible unit options.
What is the forecast for prices over the next 6–12 months?
Property experts predict continued strong growth in Brisbane's residential market over the next 6-12 months, with apartments expected to outpace houses.
House price growth is forecast at 4-6% over the next 6-12 months, maintaining steady appreciation but at a more moderate pace than recent annual performance. Unit and apartment prices are projected to grow 7-9% over the same period, reflecting continued strong demand for more affordable housing options.
Market analysts cite several factors supporting these forecasts including persistent supply shortages, low vacancy rates at 1%, and sustained population growth in Brisbane. The forecast suggests apartments will continue their outperformance trend due to affordability pressures driving buyer demand.
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What are experts saying about the long-term outlook over the next 3–5 years?
Real estate analysts maintain highly optimistic projections for Brisbane property prices over the medium term, expecting substantial cumulative growth.
Most property experts forecast Brisbane residential prices to rise at least 30-40% from current levels by the market cycle peak over the next 3-5 years. This represents one of the most bullish outlooks among Australian capital cities, with units potentially outpacing houses due to ongoing affordability constraints.
The long-term optimism stems from Brisbane's fundamental market dynamics including sustained population growth, infrastructure development, and limited housing supply. Experts consistently rank Brisbane as likely to outperform other Australian capital cities during this cycle.
Several analysts specifically highlight that Brisbane's current price levels remain below Sydney and Melbourne, providing scope for continued price convergence over the medium term. This structural adjustment supports the aggressive growth forecasts.
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Which Brisbane suburbs are currently seeing the fastest price growth?
Several Brisbane region suburbs are experiencing exceptional price appreciation, with some areas recording double-digit annual growth rates.
The fastest-growing areas include Ipswich, Redland, and parts of the Brisbane LGA, with these regions benefiting from infrastructure development and relative affordability compared to inner Brisbane. Specific suburbs showing strong performance include Acacia Ridge, Mount Warren Park, and Alexandra Hills for houses.
For apartment buyers, suburbs like Moorooka, Clayfield, Bowen Hills, East Brisbane, and Spring Hill are experiencing rapid price appreciation while still offering entry points under $500,000 for first-home buyers. These areas benefit from proximity to the CBD and established amenities.
The growth patterns reflect buyer demand gravitating toward areas offering value relative to more established inner-city suburbs, while still maintaining reasonable access to employment centers and infrastructure.
Which areas are showing slower growth or even price declines?
While most Brisbane regions show positive growth, some outer areas are experiencing more moderate price appreciation or occasional quarterly softening.
Regions like Mackay, Fraser Coast, and parts of Toowoomba have seen quarterly softening in unit prices, though these areas still maintain positive annual growth overall. These regions typically lack the employment growth and infrastructure development driving demand in core Brisbane areas.
Suburban areas lacking major amenities, transport infrastructure, or proximity to employment hubs tend to underperform the broader Brisbane market. Properties with detracting features such as flood risk, industrial proximity, or poor transportation links also show slower appreciation rates.
However, it's important to note that even slower-growing Brisbane areas are generally maintaining positive price momentum, reflecting the overall strength of Queensland's property market fundamentals.
How do prices differ between houses, townhouses, and apartments?
| Property Type | Median Price Range | Annual Growth Rate | Target Buyer Profile |
|---|---|---|---|
| Houses | $1,019,865 - $1,037,000 | 6-7% | Families, upgraders |
| Apartments/Units | $705,000 - $781,000 | 11-18% | First-home buyers, investors |
| Townhouses | $750,000 - $850,000 | Strong (similar to units) | Young families, downsizers |
| Inner City Units | $705,000+ | Higher end of range | Professionals, investors |
| Outer Suburb Houses | $800,000 - $950,000 | Moderate growth | First-home buyers, families |
| Luxury Properties | $1,200,000+ | Steady appreciation | Established buyers |
What are the median rental yields by property type and area?
Brisbane's rental market provides different yield profiles across property types, with apartments generally offering superior returns compared to houses.
Houses in Brisbane generate approximately 3.5% gross rental yields, reflecting the higher median purchase prices relative to achievable rental returns. This yield has compressed slightly due to rapid price appreciation outpacing rental growth in many suburbs.
Units and apartments provide approximately 4.5% gross rental yields, making them more attractive for income-focused investors. Townhouses typically fall between these figures at around 4.0% gross yield, offering a middle ground between houses and apartments.
The yield compression across all property types reflects the strong capital growth environment, where price appreciation has temporarily outpaced rental growth, though this is expected to normalize as rental rates adjust upward.
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's the level of demand versus supply in the Brisbane market today?
Brisbane's residential property market faces a significant supply-demand imbalance strongly favoring sellers and creating competitive conditions for buyers.
Demand substantially outstrips supply across all property types, with vacancy rates at just 1% indicating extremely tight rental conditions. This low vacancy rate reflects broader supply shortages affecting both sales and rental markets simultaneously.
The supply shortage is particularly acute for units and entry-level homes, driving intense competition among buyers and contributing to rapid price appreciation. Listing volumes remain below historical averages while buyer activity stays elevated, perpetuating the supply-demand imbalance.
This market dynamic creates favorable conditions for property owners and investors while challenging first-home buyers and upgraders who face limited choice and competitive bidding environments across most price segments.
Where are first-home buyers getting the best value right now?
First-home buyers in Brisbane can find affordable options in specific suburbs that still offer properties under $500,000 for both houses and units.
1. **Houses under $500,000**: Acacia Ridge, Mount Warren Park, Deagon, Strathpine, and Alexandra Hills offer entry-level housing opportunities for first-time buyers2. **Units under $500,000**: Moorooka, Clayfield, Bowen Hills, East Brisbane, and Spring Hill provide apartment options within first-home buyer budgets3. **Growth corridor opportunities**: Suburbs in Ipswich and Redland regions offer lower entry prices with strong growth potential4. **Infrastructure proximity**: Areas near planned transport links and employment hubs provide long-term value despite current affordability5. **Established amenities**: Suburbs with existing schools, shopping, and healthcare offer lifestyle benefits at accessible price pointsThese areas represent the best intersection of affordability and growth potential for first-home buyers entering Brisbane's competitive market.
What property types and areas look most attractive for investors seeking rental income?
Income-focused investors should target specific property types and locations that maximize rental yields while maintaining capital growth potential.
Units in lifestyle suburbs such as Fortitude Valley, South Brisbane, and Newstead provide higher rental yields around 4.5% combined with strong capital growth prospects. These inner-city locations attract consistent tenant demand from professionals and young residents.
Townhouses in growth corridors including Ipswich and Redland regions offer attractive investment opportunities due to lower purchase prices and solid rental demand from families seeking more space than apartments provide. These areas typically generate yields around 4.0% with good capital appreciation potential.
It's something we develop in our Australia property pack.
If I want to buy for capital growth and resale in a few years, which areas and price brackets should I focus on?
Capital growth investors should focus on established inner suburbs with proven growth trajectories and infrastructure improvements for optimal resale potential.
Target suburbs within 10 kilometers of Brisbane CBD or near major employment hubs, as these areas consistently demonstrate strong capital appreciation. Properties in established suburbs with transport links, schools, and amenities typically outperform outer regions for medium-term capital growth.
**Optimal price brackets for capital growth:**- Entry-level units: $350,000-$500,000 in growth suburbs- Mid-tier apartments/townhouses: $600,000-$900,000 in established areas - Family houses: $950,000-$1,200,000 in proven growth corridors- Premium properties: $1,200,000+ in blue-chip inner suburbs- Infrastructure corridors: Properties near planned transport and development projectsThese price brackets offer the best prospects for significant capital appreciation over a 3-5 year investment horizon, balancing entry affordability with growth potential.
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 demonstrates exceptional momentum as of September 2025, with record prices across all property types and strong forecasts for continued growth.
The market offers opportunities for both investors and owner-occupiers, with apartments showing particular strength and various price brackets providing entry points for different buyer profiles seeking capital growth or rental income.
Sources
- Property Update - Brisbane Property Market Outlook
- OpenAgent - Brisbane Property Market Profile
- Your Mortgage - Australian Median House Prices
- NAB - Brisbane Property Market Insights
- Azura Financial - 2025 Apartment Growth Forecast
- Blue Wealth - Brisbane Price Predictions
- Real Estate Business - Brisbane Market Update
- REIQ - Queensland Property Market Analysis