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Autumn/26
Brisbane Prestige
Residential
Prestige residential sales
Prestige sales -13%
Rolling tally of annual prestige residential sales Brisbane prestige ($3m+)
Brisbane recorded a lower number of prestige residential sales above $3 million over the past year Sales trended down 13% with a total of 554 transactions in the year ending Q4/25, but outpacing the five year annual average of 405 sales. Shifts in sales activity can be influenced by interest rates and economic confidence, with global uncertainty continuing to shape decisions being made. Isolating the 180 sales in the Q4/25 quarter, this was 43% above the previous quarter and higher than the 126 five year quarterly average
Super-prestige sales
The share of super-prestige sales (above $5 million) was recorded at 24%, after analysing the total number of prestige sales (above $3 million) across Brisbane in the year ending Q4/25. This was higher than one year ago when the proportion was 16% and above the 21% share recorded five years ago Over the past year, Brisbane’s super-prestige sales volume rose by 30% and has grown by 688% over the past five years
Share of super-prestige sales ($5m+), by number Brisbane prestige
Prestige residential sales
Duration +30 days
Average days on the market
Brisbane prestige homes are taking more time to sell than one year ago Prestige homes across Brisbane averaged 84 days on market in the year ending Q4/25, from the time they were listed to the day they went under contract This duration was 90 days a quarter ago (-6 days) and 54 days one year ago (+30 days). A lower number of days on market typically indicates that homes are selling more quickly, often reflecting strong buyer demand and well priced, desirable properties In contrast, a higher number of days on market may signal slower buyer activity Looking back over the five-year average, it has taken 80 days to sell a home -8.1% -25.0%
New listings
Less Brisbane homes have been newly listed for sale than this time last year. Newly advertised listings in Brisbane were 8 1% lower in the month of December 2025 than the equivalent period last year, according to Cotality. This change in new listings trended below the Australian average of 1 1% and below the 0 1% across Australian capital cities
Total listings
Overall, the total number of homes listed for sale in Brisbane is down on last year. Brisbane's total number of listings in the month of December 2025 were 25 0% below the equivalent period last year, according to Cotality. By comparison, the Australian average change for total listings was -15 8% and across Australian capital cities was -14 4%
Prestige residential prices
+2.1%
Tracking prestige prices
Brisbane prestige Prestige prices
Brisbane residential property prices have trended higher than a year ago across the prestige market Brisbane prestige property prices rose by 2 1% in the year ending Q4/25, with a rise of 1 8% recorded in the last quarter Looking back at price growth since Q4/20, prestige apartments (26 5%) outpaced prestige houses (20 1%) over the five years. In Q4/25, prestige house prices were 1.7% higher and were 1 5% above the previous year In the same quarter, prestige apartment prices rose by 2 1% after rising 5 7% in the past year Annual residential price growth has averaged 4 0% over the past five years
Brisbane prestige Prestige price outlook +2%
Forecast for prestige prices
Looking ahead, Brisbane residential prestige prices are likely to be stable over the coming year McGrath Research forecasts Brisbane prestige residential prices to remain steady at the end of 2026, followed by a 2% rise in 2027 Factors taken into consideration include the projection of a challenged economy and business environment, a solid performing stock market, anticipated pressure on the interest rate target, as sales volume remain lowered
Q4/25
Prestige residential rents
Brisbane prestige gross rental yields have trended slightly higher over the past year Gross rental yields remained unchanged in the Q4/25 quarter to be 2 99% across the Brisbane prestige market, whilst being 1 bp higher 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 3% tends to be considered most desirable for prestige 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 2 78% over the past five years
The number of residential rental homes in Brisbane is currently undersupplied. Brisbane rental vacancy was recorded at 1 1% at the end of Q4/25, rising 10 bps in the quarter whilst falling 20 bps 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, which places upwards pressure on weekly rents. For the past five years, Brisbane residential rental vacancy has averaged 1 2%
Gross
Brisbane
Residential rental vacancy
Prestige residential rents
Tracking prestige rents Brisbane prestige Prestige rents +2.2%
Residential rents across Brisbane trended above the weekly prestige rate recorded a year ago Brisbane prestige property rents rose by 2 2% in the year ending Q4/25, with a rise of 1 5% recorded in the last quarter Looking back at rental growth over the five years since Q4/20, prestige apartments (54.6%) outpaced prestige houses (45.0%). Prestige apartment rents in Q4/25 were 2 9% above a quarter ago, and were 7.7% higher over the year. In the same quarter, prestige house rents rose by 1 2% after also rising 1 2% over the past year On average, in the past five years, prestige rents grew 8 2% per year
Brisbane prestige Prestige rental outlook +3%
Forecast for prestige rents
The Brisbane prestige residential market is continuing to experience upward pressure on weekly rents Only a modest number of new homes have been built in Brisbane, reducing the share of prestige rental homes available as the city continues to attract the ultra wealthy population. As a result, McGrath Research forecast there will remain upward pressure on rents of 4% at the end of 2026, with a further 3% rental growth likely in 2027
Brisbane prestige, Q4/25
Definitions
Prestige property
The most desirable and most expensive property in a given location, generally defined as the top 5% of each market, by value.
Prestige sales
Brisbane prestige sale transactions hold a threshold of A$3 million
Super-prestige sales
Brisbane super-prestige sale transactions hold a threshold of A$5 million.
Wealthy population
A high-net-worth individual (HNWI) with a net worth of at least US$10 million.
Guiding
you home
Michelle Ciesielski
National Head of Research, McGrath Research
www.mcgrath.com.au/research
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