Brisbane Property Market 2026: Prices, Rents & Outlook
One of the country’s strongest markets — a broad-based boom across houses and units.
Over five years, Greater Brisbane house values are up +70.8% and units +82.1% on HtAG’s hedonic index — a broad-based boom that has lifted both ends of the market. Across the Brisbane City local government area, the median house currently sits near $1.45M and the median unit $824K, with rental vacancy at just 0.5%.
The Brisbane property market at a glance
Here is the Brisbane market at a glance, before we work through the data. Both houses and units have boomed — and a house now costs about 1.8× a unit. HtAG also breaks the same data down to Brisbane’s investment sub-markets.
| Metric — Brisbane City, Sep 2026 | Houses | Units |
|---|---|---|
| Median dwelling value — Brisbane City, Sep 2026 | $1.45M | $824K |
| Index growth — past 12 months — Greater Brisbane (ABS), Sep 2026 (provisional) | +4.4% | +7.2% |
| Index growth — past 5 years — Greater Brisbane (ABS), Sep 2026 (provisional) | +70.8% | +82.1% |
| Index growth — past 10 years — Greater Brisbane (ABS), Sep 2026 (provisional) | +135.4% | +92.1% |
| Median asking rent | $793/wk | $646/wk |
| Indicative gross yield | ~2.9% | ~4.1% |
Market-wide: rental vacancy 0.5%, auction clearance ~47% (3-mo avg) and the RBA cash rate at 4.60%. Source: HtAG Analytics warehouse, Brisbane City, Sep 2026.
What “Brisbane” covers: “Brisbane” here means the Brisbane City local government area only — the area governed by Brisbane City Council. It deliberately excludes the rest of South East Queensland: the Gold Coast, Ipswich, Logan, Moreton Bay and Redland are separate markets and are not included. This is a tighter, city-proper definition than the ABS “Greater Brisbane” area.
All growth figures on this page come from HtAG’s hedonic repeat-sales index — it tracks the price movement of like-for-like dwellings, so it is not distorted by shifts in the mix of what happens to be selling. Median values are reported for the current month only (Sep 2026) and are never used to draw a historical trend. Note the different footprints: the index is published for Greater Brisbane (the ABS Greater Capital City area), while medians, rents, vacancy and yields on this page cover the Brisbane City local government area. Index figures run to Sep 2026, the latest month available. Sep 2026 is provisional — it rests on an incomplete sample of settled sales and will revise, typically upward, as late settlements are recorded. The last fully published month is Jul 2026.
Where Brisbane prices sit today
Across the Brisbane City local government area, the median Brisbane house is currently worth about $1.45M and the median unit $824K (Sep 2026). Over the past year the Greater Brisbane hedonic index moved +4.4% for houses and +7.2% for units.
Unlike some capitals, Brisbane has seen both houses and units climb together, keeping the house-to-unit ratio around 1.8×. That breadth is a sign of genuine, demand-led strength rather than a narrow, land-driven run.
Growth by holding period
Over ten years, Greater Brisbane house values are up +135.4% and units +92.1%. Over five years it is +70.8% versus +82.1%. These come from HtAG’s hedonic repeat-sales index, which measures like-for-like price movement rather than the change in the median, so it is not distorted by shifts in the mix of what is selling. Figures are to Sep 2026, the latest month available — a provisional reading that will revise as late settlements land (last fully published month: Jul 2026).
Both property types have delivered exceptional growth — the hallmark of a broad-based upcycle rather than a narrow, house-only run. Momentum has actually shifted toward units, which are now leading on a 12-month basis.
Rents keep climbing
House rents sit at $793 a week and unit rents $646, up +5.6% and +5.6% over the past year.
Over five years, Brisbane rents have jumped 47% for houses and 56% for units — a direct consequence of the tight vacancy shown below, and the main driver of the yield picture.
Rental yields
Gross rental yields in Brisbane are about 2.9% for houses and 4.1% for units. Units offer materially stronger cashflow — the trade-off for their slower capital growth.
For an investor servicing a loan at a 4.60% cash rate, the yield on offer is central to holding costs. See our guide to gross rental yield for how these figures are calculated.
How affordable is Brisbane?
HtAG’s years-to-own affordability index estimates how long it would take to fully own the median dwelling (80% loan, a buffered rate, half of household income to repayments). Above 30 years signals affordability stress.
Brisbane houses sit near 71 years and units near 40 years. Affordability is stretched — well beyond the 30-year comfort line. Many buyers respond by rentvesting or using equity to get in.
The rental squeeze
A balanced rental market sits near 3% vacancy. Brisbane is running at just 0.5% — critically tight. You can compare vacancy rates by suburb across the country on HtAG.
When so few rentals are available, landlords hold pricing power — which is exactly why rents have run as hard as they have.
Supply on the market
Inventory is around 3.1 months for houses. Inventory measures how many months it would take to clear every current listing at the present sales pace. Brisbane has stayed tight through the recent cycle.
How fast homes are selling
Stripping out the January listing lull with a three-month average, houses are selling in about 41 days and units 37. Fast selling times are a clean, real-time read on buyer demand.
What auctions are telling us
Brisbane’s three-month-average auction clearance rate is running around 47% — soft demand. A rate in the low-60s is considered balanced; the high-70s signals a boom; the 40s a downturn.
The construction pipeline
Building approvals are the leading indicator of future supply, and across Brisbane they remain short of what population growth requires.
Approvals take two to three years to become completed dwellings, so even a lift today would not relieve the current squeeze until the back half of the decade — which is why the supply-demand imbalance is likely to persist.
The tide underneath it all
Every trend above sits on top of interest rates. The RBA cash rate is currently 4.60%. It was cut to an emergency low of 0.10% in Nov 2020, lifted to 4.35% by Nov 2023, and eased to 3.60% by Aug 2025; it has since turned higher again, and now sits above that earlier 4.35% peak.
Rate moves are the single biggest swing factor for Brisbane prices — they set borrowing capacity, and therefore what buyers can pay.
Brisbane property market outlook
Every pressure gauge on this page currently points the same way: vacancy at 0.5%, inventory near 3.1 months, homes selling in about 41 days, and a construction pipeline running short of population growth. Supply is scarce at both ends — rentals and listings — and scarcity supports prices.
The swing factor is the cash rate: it sets what buyers can borrow, and therefore what they can pay. HtAG models projected capital-growth ranges for every Brisbane suburb inside the platform — the citywide story above is the backdrop, but the opportunity and the risk are suburb by suburb. For the national picture, see HtAG’s Australian property forecast.
What it means for buyers, sellers and investors
Know the segment
Competition is stiff and prices have moved fast; a clear brief and price discipline matter more than ever. Houses and units are behaving differently — choose the one that fits your goal, not just your budget.
Cashflow vs growth
Brisbane has been one of the strongest capitals. Focus on suburbs where supply is still scarce and yields still stack up — the best suburbs to invest in Queensland shortlist and HtAG’s Relative Composite Score help narrow the field.
Conditions favour you — for now
Tight supply and quick selling times keep sellers in a strong position, but rate moves can shift sentiment fast.
Scarcity, priced by rates
Brisbane’s tight rental market and constrained pipeline keep a floor under prices and rents; the cash rate decides how fast they move from here.
Brisbane property market FAQs
What is the average property growth rate in Brisbane?
On HtAG’s hedonic repeat-sales index for Greater Brisbane to Sep 2026 (a provisional reading that will revise as late settlements are recorded), house values grew +4.4% over the past year, +70.8% over five years and +135.4% over ten years. Units grew +7.2%, +82.1% and +92.1% over the same periods. A hedonic index tracks like-for-like price movement, so it is not distorted by changes in the mix of properties selling. Note the index covers Greater Brisbane, a wider area than the the Brisbane City local government area used for the median values on this page.
What is the median house price in Brisbane in 2026?
The median Brisbane house value is about $1.45M and the median unit about $824K as at Sep 2026, on HtAG Analytics data covering the Brisbane City local government area. These are current-month medians; for growth over time this page uses a hedonic index instead. A typical house now costs roughly 1.8 times a typical unit.
Is Brisbane a good place to buy an investment property in 2026?
It depends on the segment. Units yield about 4.1% gross against 0.5% vacancy — the cashflow end of the market — while houses (about 2.9% gross yield) have carried the long-run capital growth. Suburb selection matters more than the citywide average; HtAG’s Brisbane suburb dashboards break the same data down to every suburb.
What is the rental vacancy rate in Brisbane?
About 0.5% as at Sep 2026 on HtAG data — well below the ~3% balanced-market level. That tightness is why Brisbane rents have risen more than 47% for houses and 56% for units over five years. You can check vacancy rates by suburb on HtAG.
Will Brisbane property prices keep rising in 2026?
The current drivers point up: vacancy at 0.5%, inventory near 3.1 months, homes selling in about 41 days, and building approvals short of population growth. The cash rate is the swing factor — it sets borrowing capacity. See HtAG’s Australian property forecast for the national outlook.
How this analysis is built
- Coverage. “Brisbane” here means the Brisbane City local government area only — the area governed by Brisbane City Council. It deliberately excludes the rest of South East Queensland: the Gold Coast, Ipswich, Logan, Moreton Bay and Redland are separate markets and are not included. This is a tighter, city-proper definition than the ABS “Greater Brisbane” area. Houses and units, current to Sep 2026.
- Source. The HtAG Analytics data warehouse — the same modelled series that power HtAG’s suburb and market tools. See how HtAG converts raw data into decision-grade signals.
- Growth is hedonic, not median-based. All growth figures come from HtAG’s hedonic repeat-sales index, which measures the price movement of like-for-like dwellings. Because it controls for the mix of what is selling, it will differ from — and is generally steadier than — growth calculated off a raw median.
- Two footprints on this page. The growth index is published for Greater Brisbane (the ABS Greater Capital City area). Median values, rents, vacancy, yields and all supply/demand measures cover the Brisbane City local government area. Compare growth and levels with that difference in mind.
- Index vintage. Growth figures are always to Sep 2026, the most recent month the index covers, so the page reflects the latest available reading rather than a stale one. Sep 2026 is provisional: it rests on an incomplete sample of settled sales and will revise, typically upward, as late settlements are recorded. The last fully published month is Jul 2026.
- Median values are HtAG’s index-smoothed typical dwelling values, reported for the current month (Sep 2026) only. They are not used to draw any historical trend on this page.
- Yields are indicative gross figures (median weekly rent × 52 ÷ median value) and exclude costs.
- Years-to-own is HtAG’s affordability index (80% LVR, buffered rate, 50% of income; above 30 = stretched).
- Vacancy, clearance, days on market, inventory and approvals are 3-month averages where noted, to smooth the January seasonal lull.
Surface this data inside your AI agent
Every figure on this page is available programmatically. Point your AI assistant, app or workflow at HtAG’s developer platform to pull Brisbane prices, rents, yields, vacancy and more as structured, up-to-date data. Explore the HtAG developer platform.
HtAG Analytics (2026). Brisbane Property Market 2026: Prices, Rents & Outlook. Brisbane City data to Sep 2026, updated quarterly. https://www.htag.com.au/brisbane-property-market-analytics/
Go beyond the citywide view
This is the Brisbane headline. HtAG Analytics breaks the same data down to every suburb and LGA — supply, demand, yield, affordability and forecast growth — so you can find the pockets that outperform the average.
Explore Brisbane’s investment suburbs →Disclaimer: This page is for educational purposes only and does not constitute financial advice. Property investment carries risks, and past performance is not indicative of future results. All growth rates, yields and projections are derived from historical data and statistical modelling. Always conduct your own due diligence and consult a qualified financial adviser before making investment decisions.
