M:
The Big Picture
Brisbane Residential Spring/25
Residential Sales Update Sales -9%
Brisbane residential sale transactions tallied to 13,515 in the second quarter of 2025, a downward movement of 9% from the previous quarter In the past year, the total number was 7% lower, reaching 64,223 sales This was influenced by the tight lending environment with a focus on serviceability given higher property prices and the market anticipating further interest rates reductions. As a benchmark, over the past five years, the quarter tally averaged 18,086 sales and the annual average was 73,499 sales
Auctions
In the last week of June 2025, 141 residential auctions were held across Brisbane. According to Cotality, 67.4% 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 higher than one quarter ago at 52 9%, when 173 auctions were held By comparison, the same quarter last year saw 58 5% sold, from 159 auctions
Total Number of Sales Brisbane
Auction Clearance Rate
Brisbane
Average Days on the Market Brisbane Duration 43 days
Brisbane homes took an average 43 days on market - from the time they were listed to the day they went under contract - in Q2 2025 This duration was 45 days the quarter before and 40 days one year ago A lower number of days on market mean homes are selling fast with more desirable properties, while a higher number of days suggests a slower market with above market values Looking back, the fiveyear average has taken 59 days to sell a home.
Listings
Newly advertised property listings in Brisbane were 14 8% lower in the month of June 2025 than the equivalent period last year, according to Cotality This trended below the Australian average of -11.7% and below the -12.9% across Australian capital cities
Brisbane’s total number of listings in the month of June 2025 were 4.4% below the equivalent period last year, according to Cotality By comparison, the Australian average for total listings was -5.8% and across Australian capital cities was -4 4%
Residential property prices across Brisbane rose by 8 5% in the year ending Q2 2025, with a 2 5% increase recorded in the most recent quarter This brought the median residential value to $960,500, reflecting an ongoing upward momentum in housing demand and growing resilience in the market Annual residential price growth has averaged 11 9% over the past five years.
Change in Median Prices
Price Outlook +12%
Looking ahead, McGrath Research forecasts Brisbane residential property prices to increase by 12% by the end of 2025, followed by a stronger 13% rise in 2026. These projections reflect ongoing demand from limited housing supply, lowered interest rates and growing investor confidence
Forecast for Median Prices
Brisbane Vacancy 0.7%
Change in Residential Rental Vacancy
Brisbane residential rental vacancy was recorded at 0 7% in Q2 2025, falling 10 bps in the quarter to fall 20 bps over the past year according to APM 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 0 9% per year
Brisbane Yield +1 bp
Change in Gross Rental Yield
Residential gross rental yields rose 1 bp in the Q2 2025 quarter to be 4 07% across Brisbane, while being 20 bps lower 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 range of 4.00% to 5.00% is considered good for many properties located in capital cities, while below this, may indicate high property prices relative to rent, or low rental demand Gross rental yields have averaged 4 36% over the past five years
from a year ago
Residential Rents Update
Brisbane residential rents remained stable in Q2 2025, while increasing 3 2% over the past year, to stand at $640 per week Low vacancy and high migration have kept rents elevated On average, over the past five years, rents grew 10 2% per year
Change in Median Weekly Rents
Rental Outlook +4%
As Brisbane continues to experience solid population growth, tight rental supply and delayed new housing completions, McGrath Research forecast sustained upward pressure on rents of 4% at the end of 2025, with a further 4% rental growth likely in 2026.
Forecast for Median Rents
Definitions
Brisbane
Brisbane refers to the Greater Capital City Statistical Area or ‘Greater Brisbane’ as defined by the Australian Bureau of Statistics.
Guiding you home
Michelle Ciesielski Head of Residential Research, McGrath Research
michelleciesielski@mcgrath com au +61 414 694 220
www mcgrath com au