Brisbane Property Market Update: Growth, Trends & Outlook for 2025

🏠 Market Snapshot Strong capital growth: Greater Brisbane values jumped ~12.5% year-on-year, with unit prices soaring ~16–18% versus ~10% for houses

Median values: The latest figures show the median all-dwelling price at ~$926 K, houses at around $1,010,566, and units at approximately $718,000.

🔑 Key Drivers Behind Growth

• Population surge: Brisbane continues to attract interstate and international migrants, boosting housing demand.
  
  

• Infrastructure momentum: Projects like Cross River Rail, Brisbane Metro, and Queen’s Wharf are enhancing connectivity and likely lifting nearby property values.
  
  

• Tight supply: Ongoing construction delays and labour shortages have constrained new housing supply, driving up prices and keeping vacancy rates below 1% in many suburbs.
  
  

🔭 Outlook for 2025

• Price forecasts:

  • SQM Research: 9–14% growth

  • NAB: ~5%

  • ANZ: 5–7%

  • CBA and Westpac: ~3%
    These projections reflect consensus on continued, though moderated, growth compared to 2024.

🏙️ Trends & Suburban Insights

• Sub-market divergence: Premium inner-city suburbs, gentrifying areas, and outer affordable zones follow different trajectories—some are booming while others plateau.

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• Top performer suburbs: New Farm, Paddington, West End, and emerging corridors like Everton Park and Nundah are gaining traction for capital growth and lifestyle appeal.

  
  

• Affordable growth corridors: Suburbs like Murrumba Downs offer better entry prices and strong growth potential driven by infrastructure and local amenities.

🎯 Investor & Buyer Considerations

• Strong rental market: Vacancy rates around or below 1% support solid rental yields (approx. 4.5–5%)—making it a landlord’s market.
  
  

• Seller’s market: High demand with limited supply means many properties sell quickly, with minimal price reductions (vendor discounting ~‑3%)
  
  

• Long‑term view recommended: Brisbane’s fundamentals—demographics, jobs, infrastructure—support sustained growth, making it a good long-term play rather than short-term speculation.

⚠️ Challenges Ahead

• Urban sprawl concerns: A government shift toward expanding outer suburbs raises environmental and infrastructure sustainability questions; medium-density “missing middle” housing remains underutilised.
  
  

• Construction bottlenecks: Labour productivity issues and delays threaten upcoming infrastructure timelines and exacerbate housing shortages as Brisbane prepares for the 2032 Olympics.

🧾 Summary Table

Aspect Key Takeaway Price Growth 2025 forecast: 5–14%; 2024 saw ~12–13% increaseMarket Conditions Seller-centric market: low listings, fast sales, tight negotiation. Supply & Demand Under-supply of new builds, increasing buyer competition Investment Edge Inner/mid-rings strong, but growth in outer corridors still attractive Rental Opportunities Strong rental income supported by low vacancy Risks & Constraints Planning challenges, development delays, sustainability concerns.

✅ Final Word

Brisbane continues to stand out as a resilient and growth‑focused property market. With solid economic foundations, tight supply dynamics, and future infrastructure projects, it's positioned for continued expansion in 2025. Whether you're buying, investing, or renting, staying informed at the suburb level and aligning your approach with long-term economic trends will help you make smarter property decisions.