In July, Brisbane’s dwelling values saw a healthy increase, reinforcing its position as one of the country’s strongest-performing capital city markets. While the monthly pace eased slightly from June, the overall trend remains firmly positive.
Brisbane dwelling values rose 0.7% in July, a slight easing from the 0.9% rise in June.
Tim Lawless
This consistent growth means Brisbane continues to hold the second-highest median dwelling value of any capital city in Australia.
Brisbane housing market trends
Metric | Value |
---|---|
Change in Dwelling Values (July) | +0.7% |
Median Dwelling Value | $934,623 |
Median House Value | $1,019,865 |
Median Unit Value | $727,110 |
Source: Cotality Australia
The most compelling story in Brisbane right now is the divergence between the house and unit markets. For the first time in a while, units are not just keeping up - they’re leading the charge.
- Unit Value Growth (July): A strong 1.1% increase.
- House Value Growth (July): A more moderate 0.7% increase.
- The Trend: Cotality confirms that unit values have been rising faster than house values since the beginning of 2024.
Note: For years, market watchers have tracked the price gap between Sydney and Brisbane. That gap is now the narrowest it has been in over a decade. According to the report, the price difference has narrowed to just 23.9%, the smallest margin since 2013.
For investors and tenants, Brisbane’s rental market remains tight. The update highlights a clear acceleration in rental growth across Brisbane.
- Steady Monthly Growth: Rental growth has been holding firm between 0.5% and 0.6% per month since the start of 2025.
- Accelerating Trend: This is a notable step up from the second half of 2024, when monthly rental growth was averaging just 0.1%.
This sustained pressure on the rental market, underpinned by low national vacancy rates, continues to make a strong case for property investment in the city.
Brisbane house prices – the longer-term data
While our focus is on Brisbane, it’s crucial to understand the national factors at play. Tim Lawless provides a clear outlook, balancing the positives with potential challenges.
On balance, the tailwinds of lower interest rates, higher confidence and low housing supply are likely to outweigh the headwinds, providing the foundations for further modest growth in housing values in 2025.
Tim Lawless
All signs point to continued, albeit modest, growth for the Brisbane property market through the rest of the year. The outperformance of the unit sector offers a new dynamic for buyers and investors to consider.
As we head into the traditionally busy spring selling season, it will be fascinating to see if the fresh wave of listings is met with enough buyer demand to maintain the market’s current momentum.