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Brisbane City Council · Market Update

The engine room of SEQ property

Brisbane leads the nation in house price growth at 19.7% annually. Vacancy at just 0.6%, properties selling in 18 days, and a generational infrastructure cycle driven by the 2032 Olympics, Cross River Rail, and Brisbane Metro.

Updated May 2026 · Red Door Property Group Research

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Brisbane market at a glance

$1.22M

Median house

19.7%

Annual growth

3.1%

Rental yield

0.6%

Vacancy rate

$670/wk

Median rent

18 days

Days on market

1.3M

Population

2.3%

Pop. growth p.a.

What we are seeing in Brisbane

01

19.7% annual house price growth, strongest capital city in Australia

02

Vacancy rate 0.6%, one of the tightest rental markets nationally

03

2032 Olympics driving $7.1B in infrastructure investment

04

Cross River Rail and Brisbane Metro transforming public transport

05

Interstate migration from Sydney and Melbourne accelerating demand

Infrastructure driving growth

Major government and private investment is reshaping Brisbane. These projects are creating jobs, improving connectivity, and driving property demand.

Cross River Rail – $10B+ project, opening 2029

Brisbane Metro – 18-station rapid transit network, M1 and M2 routes operating since 2025

2032 Olympics – $7.1B venue program plus $12.4B transport infrastructure

Victoria Park Olympic Stadium – new main Games venue confirmed March 2026

Our view on Brisbane

Brisbane continues to present strong fundamentals for both investors and owner occupiers. With 19.7% annual growth, a vacancy rate of 0.6%, and properties moving in just 18 days, the market is competitive but rewards those with the right strategy and access.

We are actively sourcing opportunities across Brisbane for our clients, including off market and pre market properties that never appear on the major portals. Our on the ground knowledge of this market means we can identify value where others cannot.

If you are considering buying in Brisbane, whether for your first home, an upgrade, or an investment, our team can walk you through what we are seeing right now and where we believe the strongest opportunities sit.

Thinking about Brisbane?

Book a free strategy call. We will walk you through the current Brisbane market, the opportunities we are seeing, and how we can help you move with confidence.

Learn more about our buyers agent service