Brisbane Winter 2026 Property Market Report

Brisbane’s residential property market continues to show strong growth, underpinned by rising prices, tight rental conditions and sustained demand. The Winter 2026 Brisbane Residential Property Report highlights a competitive market, supported by population growth, limited housing supply and ongoing buyer and investor interest across Greater Brisbane.

For buyers, investors and owner‑occupiers, Brisbane real estate continues to offer strong capital growth, rental performance and long‑term investment potential, particularly as supply constraints persist.

Sales activity softens while demand remains strong
Residential sales across Brisbane recorded a slight decline of 0.3% over the past year, totalling 52,443 transactions, marginally below the five‑year annual average.


Despite this moderation, homes are selling faster, with average days on market falling to 17 days, indicating strong buyer demand and competitive conditions.


Increased competition for quality stock continues to support activity across key Brisbane subregions.

Supply dynamics tightening overall market conditions
Housing supply in Brisbane remains constrained, despite new listings rising 3.3% year‑on‑year.


Total listings declined 13.7% over the same period, limiting available stock and supporting price growth.


Population growth of 2.1% continues to drive housing demand, placing pressure on supply across the city.

Strong price growth with continued upside
Brisbane residential property prices increased 22.2% over the past year, bringing the median residential value to approximately $1,127,300.


Quarterly price growth of 6.5% reflects ongoing momentum and strong buyer competition.


Looking ahead, McGrath Research forecasts price growth of 7% in 2026, followed by a further 2% rise in 2027, signalling continued, albeit moderating, growth.

Rental market remains highly undersupplied
Brisbane’s rental market remains critically undersupplied, with vacancy rates at just 0.7%, well below the balanced benchmark of 3%.


Rents increased 7.3% year‑on‑year to a median of $665 per week, reflecting strong tenant demand and limited supply.


Rental growth is expected to remain strong, with rents forecast to rise 8% in 2026 and a further 6% in 2027.


Gross rental yields currently sit at 3.61%, offering stable returns in a high‑growth market.

Economic fundamentals supporting demand
Brisbane’s property market is supported by strong population growth and broader economic conditions, although interest rates remain a key consideration.


The cash rate currently sits at 4.35%, influencing borrowing capacity and market activity.


Unemployment stands at 4.6%, reflecting stable labour market conditions supporting housing demand.

Outlook for Brisbane property in 2026
With strong price growth, tightening supply and sustained rental demand, Brisbane’s property market is well positioned for continued growth in 2026.


For buyers and investors, the market offers a compelling mix of capital growth, rental performance and long‑term investment potential as demand continues to outweigh supply.

Explore the full Brisbane Winter 2026 Property Report for detailed insights into sales trends, pricing and rental performance across the city.