Brisbane Autumn 2026 Property Market Report

Brisbane’s residential property market continues to deliver strong growth, driven by population increases, limited rental supply and sustained demand. The Autumn 2026 Brisbane Property Report highlights a market transitioning from peak sales activity into a more balanced phase, while still achieving significant price and rental growth.

For buyers, investors and homeowners, Brisbane real estate remains one of Australia’s standout growth markets, underpinned by lifestyle appeal and relative affordability compared to southern capitals.

Sales activity softens after strong growth period

Brisbane recorded a slight decline in residential sales over the past year, with transactions falling around 2% to 52,225, just below the five‑year average.

Quarterly sales activity also eased, with 13,091 transactions recorded, reflecting more cautious buyer behaviour following a period of strong growth.

Homes are taking longer to sell, with average days on market rising to 18 days, indicating a shift toward more balanced conditions.

Auction clearance rates remain moderate at 52.2%, suggesting a market that is no longer strongly favouring sellers but still supported by ongoing demand.

Supply remains constrained despite listing shifts

Housing supply in Brisbane continues to present mixed signals. New listings declined 8.1% year-on-year, limiting fresh stock coming to market.

However, total listings have increased 25.0%, providing buyers with more choice compared to last year, although availability remains tight in many areas.

Strong population growth of 2.7% in 2024 continues to drive demand, placing pressure on housing supply and infrastructure.

Construction activity has increased, with new home delivery up 4.4%, although rising costs, up 6.8%, remain a constraint on future supply.

Brisbane property prices lead national growth

Brisbane has recorded some of the strongest price growth in the country, with residential values rising 16.5% annually.

The median residential price now sits at approximately $1.06 million, reflecting strong demand from both local and interstate buyers.

Quarterly growth of 6.0% highlights continued momentum, even as transaction volumes moderate.

Looking ahead, prices are forecast to increase 7% in 2026, followed by a further 5% rise in 2027, supporting continued performance in the Brisbane housing market.

Rental market remains critically undersupplied

Brisbane’s rental market is one of the tightest in the country, with vacancy rates at just 1.1%, well below the balanced level of 3%.

Median weekly rents have reached approximately $645, increasing 5.7% year-on-year, reflecting strong tenant demand.

Rents are forecast to rise 8% in 2026, driven by ongoing population growth, limited rental stock and sustained demand.

Gross rental yields remain at 3.66%, slightly compressing due to rising property values but still offering attractive returns for investors in the Brisbane investment property market.

Economic and population drivers strengthen outlook

Brisbane continues to benefit from strong fundamentals, including population growth of 2.7% and an unemployment rate of 4.1%.

Interest rates remain at 4.10%, shaping borrowing capacity and buyer activity across the market.

Combined with interstate migration, lifestyle appeal and infrastructure investment, these factors continue to support demand across the Brisbane residential property market.

Outlook for Brisbane property in 2026

With strong price growth, tight rental supply and continued population-driven demand, Brisbane remains well positioned for ongoing performance in 2026.

While sales activity has moderated, the market continues to offer strong capital growth, rental returns and lifestyle appeal, reinforcing Brisbane’s position as a leading growth market in Australia.

Explore the full Brisbane Autumn 2026 Property Report for deeper insights into sales activity, pricing and rental trends across Brisbane’s subregions.