Brisbane has continued to outperform many other Australian capital cities, supported by strong population growth, tight housing supply, and significant infrastructure investment. Over the past year, property values across the city have risen sharply, with demand being driven by interstate migration, improving employment conditions, and limited new housing stock coming to market. Forecasts for 2026 suggest this momentum is likely to continue, although at a more moderate pace as affordability constraints begin to influence buyer behaviour.
Market analysts note that while price growth may ease in the second half of the year, Brisbane is still expected to record some of the strongest house and unit price increases nationally. Rental conditions also remain exceptionally tight, with vacancy rates near record lows and rents continuing to rise, reflecting an ongoing imbalance between supply and demand. These conditions are being reinforced by slowing construction activity and sustained population inflows into South East Queensland.
Looking ahead, long-term fundamentals remain supportive of Brisbane’s housing market. Major infrastructure projects and preparations for the 2032 Olympic Games are reshaping the city and improving accessibility across many established suburbs. As housing demand continues to outpace supply, well-located properties within established areas are expected to remain highly sought after.