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McGrath Research | Prestige Brisbane Winter Property Report 2026

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Research

Winter/26 Brisbane Prestige Residential

Headlines Brisbane recorded a lower number of prestige residential sales over the past year, whilst homes are taking more time to sell than one year ago.

The number of residential rental homes in Brisbane is currently undersupplied. Brisbane rental vacancy was recorded at 0.7% at the end of Q1/26.

More Brisbane homes have been newly listed for sale than this time last year. Overall, the total number of homes listed for sale in Brisbane is down on last year.

Prestige residential rents across Brisbane trended 3.2% above last year's weekly rate, with prestige rents forecast to rise 3% at the end of 2027.

Brisbane prestige property prices have trended 2.9% higher than a year ago, with 2% growth forecast for prestige prices in 2027.

The construction delivery of new homes in Queensland was 4.7% above a year ago, whilst the cost to build in Brisbane escalated 6.5%.


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