Brisbane has experienced a remarkable increase in its median house price, climbing by $136,300 over the past year. This surge, which brings the median price to $1.15 million, positions Brisbane as one of the fastest-growing housing markets in Australia, outpacing cities like Melbourne and Sydney. According to the final PropTrack Home Price Index for 2025, Brisbane’s annual growth rate stands at 13.68 percent, significantly higher than Melbourne’s 5.11 percent and Sydney’s 6.98 percent.
The report, released on October 30, 2025, highlights that Brisbane’s overall dwelling values rose by $128,400 in the same period. Regional Queensland also saw impressive growth, with an average increase of 12.52 percent, translating to a rise of $94,300 in median values. This trend indicates a robust demand for housing in the state, driven by various factors including economic conditions and infrastructure developments.
Regional Growth Drivers and Future Outlook
Five areas within Queensland have exhibited annual growth rates exceeding 15 percent. Notably, Townsville leads this group with a growth rate of 17.23 percent, bringing its median house price to $600,000. Other significant regions include Mackay–Isaac–Whitsunday at 16.81 percent and Ipswich at 16.79 percent, with median prices of $601,000 and $835,000, respectively.
According to Eleanor Creagh, senior economist at REA Group, “the pace of price growth is slowing in Brisbane, but it still remains one of the strongest performing markets in the country.” She noted that both Brisbane and Adelaide are experiencing price increases that are significantly higher than Melbourne, particularly this month, with Brisbane’s monthly growth being three times faster than its southern counterpart.
The anticipated 2032 Olympic Games in Brisbane is expected to further influence the housing market positively. Infrastructure investments related to the event are attracting both local and foreign investors. Creagh explained that the Gold Coast continues to be one of the strongest housing markets in terms of growth, although the momentum has eased slightly compared to the rapid acceleration witnessed in previous years.
Market Dynamics and Buyer Trends
The influx of buyers from southern states seeking affordable options in Queensland is contributing to the strong market conditions. Many buyers are taking advantage of the price differences and improved borrowing capacities due to lower interest rates. Creagh emphasized that regions like Townsville and Cairns are particularly benefiting from these affordability advantages.
Cairns, while not accelerating as rapidly as some other regions, is transitioning into a steadier and more sustainable growth phase following significant price increases earlier in the market cycle. The overall growth rates for Brisbane and its surrounding areas remain remarkable, with Brisbane’s annual growth for houses at 12.24 percent and units at 18.1 percent.
As the market continues to evolve, analysts are keeping a close eye on future trends. The current conditions suggest a potential stabilization of price growth in Brisbane and the Gold Coast, indicating a shift towards a more balanced market. This could provide opportunities for both buyers and sellers as the dynamics of the property market in Queensland adapt to ongoing economic changes.
In conclusion, Brisbane’s real estate market is thriving, with significant price increases reflecting a strong demand and favorable conditions. The ongoing developments related to the upcoming Olympic Games and the strategic investments in infrastructure are likely to maintain interest and growth in the region, making it a focal point for real estate activity in Australia.
