Brett Warren , National Director – Metropole Group
Brisbane’s housing market continues its positive trajectory. While recent interest rate cuts initially boosted market conditions, the pace of gains has slightly softened amid broader economic uncertainty.
Brisbane property values continue to rise steadily:
- Annual Growth: 7.8%, the slowest since September 2023
- April 2025: +0.4% increase
- March 2025: +0.5% increase
Brisbane housing market trends
| Timeframe | Δ Property Price |
|---|---|
| Monthly (April) | +0.4% |
| Monthly (March) | +0.5% |
| Annual Change | +7.8% |
Source: Cotality Australia
Units in Brisbane are outperforming houses significantly:
| Property Type | Annual Growth Rate |
|---|---|
| Units | +12.8% |
| Houses | +6.8% |
Source: Cotality Australia
Lower-priced segments remain stronger performers:
| Market Segment | Annual Growth |
|---|---|
| Lower Quartile | +14.0% |
| Upper Quartile | +4.8% |
Source: Cotality Australia
This indicates continued strong demand in more affordable market segments.
Brisbane rental values are increasing, although growth rates are moderating:
- April 2025 rental increase: +0.8%
- Annual rental growth rate: 3.3% (down from 8.2% the previous year)
Housing affordability in Brisbane remains challenging:
- Median dwelling price-to-income ratio: On par with national record levels
- Years to save a 20% deposit: Approximately 10.6 years
- Percentage of median income required for rent: 33%
Brisbane house prices – the longer-term data
Brisbane’s property market is expected to experience steady, moderate growth in the short term, driven by:
- Gradual interest rate reductions
- Continued government support for first home buyers
- Tight housing supply conditions
However, the rate of growth is likely to remain tempered by affordability constraints and broader economic uncertainties.
In conclusion, Brisbane’s housing market presents opportunities for cautious optimism, especially within more affordable segments and units. Market participants should remain mindful of evolving economic conditions and policy developments.
