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Brisbane Residential Summer 25/26
Economy Key drivers
Residential sales Update
Sales +2%
Brisbane residential sale transactions tallied to 13,781 in the third quarter of 2025, up 2% from the previous quarter In the past year, the total number was 15% lower, reaching 59,236 sales This was shaped by restrictive lending conditions and an overall lower number of properties listed for sale on the market As a benchmark over the past five years, the quarter tally averaged 18,156 sales and annually, this average was 72,785 sales
Auctions
In the last week of September 2025, 148 residential auctions were held across Brisbane. According to Cotality, 63.9% of the homes were sold under the hammer Clearance rates above 70% suggest strong demand and a seller’s market, while a rate below 60% indicates weaker demand and a buyer’s market This result was lower than 67 4% one quarter ago when 141 auctions were held By comparison, the same quarter last year saw 51 9% homes sold, from 154 auctions
Tracking the total number of sales each quarter
Brisbane
Auction clearance rate
Brisbane
Residential Sales
Duration -2 days
Brisbane homes averaged 41 days on market in Q3 2025, from the time they were listed to the day they went under contract This average duration was 43 days (-2 days) the quarter before and 37 days (+4 days) one year ago A lower number of days on market tends to mean homes are selling faster with more desirable properties, while a higher number of days suggests a slower market with above market values Looking back over the five-year average, it has taken 55 days to sell a home
Tracking average days on the market
Newly advertised property listings in Brisbane were 16 4% lower in the month of September 2025 than the equivalent period last year, according to Cotality This change trended below the Australian average of -10.3% and below the -11.2% across Australian capital cities
Brisbane’s total number of listings in the month of September 2025 were 15.8% below the equivalent period last year, according to Cotality By comparison, the Australian average change for total listings was -13.3% and across Australian capital cities was -13 6%
Tracking median prices Brisbane Median price $1,000,000
Residential property prices across Brisbane rose by 10 7% in the year ending Q3 2025, with a 3 7% increase recorded in the most recent quarter This brought the median residential value to $1,000,000, reflecting a steady upward trajectory in housing demand and underlying resilience in the market. Annual residential price growth has averaged 12 2% over the past five years.
Forecast for median prices Brisbane Price outlook +7%
Looking ahead, McGrath Research forecasts Brisbane residential property prices to increase by 15% by the end of 2025, followed by a 7% rise in 2026. These projections reflect a mix of ongoing demand from limited housing supply, a shorter average number of days on market and an increasing number of sales transactions
Residential rents Update
Brisbane Vacancy 1.0%
Tracking residential rental vacancy
Brisbane residential rental vacancy was recorded at 1 0% in Q3 2025, remaining stable in the quarter but 30 bps lower over the past year according to REIA Generally, around 3% vacancy is considered a balanced market between rental supply and demand Below this equilibrium is considered to be an undersupplied pool of rental homes. Over the past five years, rental vacancy has averaged 1 1% per year
Brisbane Yield -16 bps
Tracking gross rental yield
Residential gross rental yields tightened 8 bps in the Q3 2025 quarter to be 4 00% across Brisbane, whilst being 16 bps less than a year ago. Gross rental yields are a good initial measure of comparing the return of a property investment before expenses are deducted. A yield greater than 4% tends to be considered most desirable for properties located in capital cities, while below this, tends to indicate high property prices relative to rent, or low rental demand Gross rental yields have averaged 4 33% over the past five years
Residential rents Update
Tracking median weekly rents Brisbane Median weekly rent
Brisbane residential rents rose 1.6% in Q3 2025, after increasing 5 7% over the past year, to stand at $650 per week Low vacancy and high migration have kept rents elevated, albeit now rising at a slower pace than previous years On average, over the past five years, rents grew 9 7% per year.
Forecast for median rents Brisbane Rental outlook +4%
Whilst Brisbane continues to experience solid population growth, tight rental supply and the delayed completion of new homes, McGrath Research forecast sustained upward pressure on rents of 6% at the end of 2025, with a further 4% rental growth likely in 2026.
Brisbane
Guiding you home
Michelle Ciesielski National Head of Research, McGrath Research
www.mcgrath.com.au/research
Brisbane refers to the Greater Capital City Statistical Area or ‘Greater Brisbane’ as defined by the Australian Bureau of Statistics. Find an agent