Brett Warren , National Director – Metropole Group
The spring selling season has well and truly sprung in Brisbane, and the latest data reveals our city is not just warming up; it’s running hot. As the broader Australian property market gathers impressive momentum, Brisbane has firmly positioned itself as a frontrunner, posting some of the strongest growth seen across the nation’s capitals.
The October 2025 housing market update from Cotality shows a market brimming with confidence. Let’s dive into the key numbers and trends shaping the Brisbane property landscape right now.
Brisbane’s Property Values Continue Their Climb
Brisbane’s property market is demonstrating remarkable strength, with dwelling values seeing significant gains. The city is pulling ahead of many of the larger capitals, with growth recorded across the month, quarter, and year. This sustained upward trend highlights the strong buyer demand that is continuing to define our local market.
| Change in Dwelling Values | Growth Rate |
|---|---|
| Three Months | 3.5% |
| Twelve Months | 8.8% |
| Avg. annual growth (past decade) | 7.0% |
Source: Cotality Australia
While houses have long been the hero of Brisbane’s growth story, the latest data shows the unit market is now taking a leading role. In the September quarter, the unit sector outpaced houses, posting a solid 4.7% increase in values. This compares to a still-impressive 3.3% rise for houses over the same period.
This surge in the unit market points to a clear trend: buyers are seeking value and finding it in higher-density living. With housing affordability becoming more stretched, the appeal of well-located, more affordable units is stronger than ever.
Median Property Values in Brisbane:
- Median dwelling value: $969,868
- Median house value: $1,062,189
- Median unit value: $755,087
The data confirms that the median house value has held strong above the million-dollar mark since May, while the median unit value has remained above $700,000 since April—key milestones for our city.
One of the primary drivers of this growth is a classic case of supply and demand imbalance.
While buyer activity is tracking at above-average levels, the number of properties available for sale remains significantly constrained.
At the end of September, the total number of homes advertised for sale in Brisbane was tracking 31% below the five-year average. This scarcity of listings is creating a competitive environment for buyers and placing upward pressure on prices.
Rental Market Heats Up Amidst Low Vacancy
It’s not just the sales market feeling the heat. Brisbane’s rental market continues to tighten, creating challenging conditions for tenants.
- Weekly Rent: $658 for houses, $638 for units.
- Gross Rental Yield: 3.4% for houses, 4.3% for units.
- Annual Change in Rent: A 5.4% increase for houses and a 6.4% increase for units.
With rental listings continuing to trend lower, the data suggests that finding a rental property will remain a significant challenge, and rents are likely to continue their upward trajectory.
What Lies Ahead?
All signs point to a strong finish for the Brisbane property market in 2025. With low advertised stock levels, high buyer demand, and the recent cuts to the cash rate improving borrowing capacity, the conditions are ripe for further price growth.
While stretched affordability remains a key factor to watch, the combination of a tight jobs market and real wage growth is providing a solid foundation for housing demand. For now, Brisbane remains firmly in the driver’s seat, leading the nation with robust and broad-based growth.
