Brisbane home prices up $93.7k in one year, outpace national trend

Brisbane home price growth has outpaced national trends

Brisbane home prices have jumped $93,700 since last year, outpacing national trends to record an average annual increase of 10.23 per cent across all dwellings.

The hefty rise was the largest annual dollar increase of all capital cities, and close to double the national average increase of $54,100 or 6.24 per cent over the same period to September 2025, highlighting the River City’s continued climb despite markets cooling most recently.

PropTrack’s latest Home Price Index, out Wednesday, shows Brisbane values recorded monthly growth of 0.46 per cent in September, topping up a whopping 92.47 per cent increase over the last five years. The city’s median value for houses and units combined hit a fresh peak of $952,000.

For houses, prices were up 8.81 per cent or $92,600 annually to $1.099m, after breaking the $1m mark for the first time two months ago.

The unit market showed even stronger momentum

The unit market showed even stronger momentum, driven by the sector’s relative affordability. Brisbane apartments notched up outstanding annual growth of 14.9 per cent or $95,600, reaching a new average high of $748,000.

But September alone took the shine from the city’s bullish run, with Brisbane’s monthly growth across all dwellings paling among all capital cities bar Darwin (0.46 per cent). Hobart recorded the biggest monthly rise of 0.79 per cent, followed by Sydney (0.65 per cent), then Adelaide (0.55 per cent).

Regional Queensland recorded annual growth of 10.19 per cent or $78,400, bestest by the state’s top performing SA4 regions — Townsville (+15.67 per cent), Toowoomba (13.92), Central Queensland (13.78), Darling Downs-Maranoa (13.38), and Mackay-Isaac-Whitsunday (13.19).

PropTrack senior economist Eleanor Creagh

REA Group senior economist Eleanor Creagh said price growth was expected to continue, as all mainstream economists tipped the Reserve Bank of Australia (RBA) would keep interest rates steady at 3.6 per cent at its September meeting yesterday.

“For households, earlier rate cuts this year have lowered mortgage repayments and boosted borrowing capacities and confidence,” Ms Creagh said.

“This has helped to drive a synchronised housing market upswing, with demand building into the spring selling season.

“While affordability pressures remain, this year’s series of interest rate cuts, improved sentiment, and the October expansion of the Home Guarantee Scheme, and expected to keep upward pressure on home prices in the months ahead.”

New housing had failed to keep pace for strong buyer demand

MORE NEWS

Top 37 suburbs for First Home scheme

First-home rush sparks shock price surge

Unexpected: Aus boomers’ major new payout

The Sunshine State’s coastal markets also streaked ahead, with the Gold Coast up 9.26 per cent in the past year to $1.093m, closing in on Sydney’s median of $1.213m all dwellings.

Cairns also outperformed, with prices in the tropical city up 10.36 per cent year-on-year to $601,000.

Ms Creagh said a spike in demand, particularly for entry-level priced property, would intensify competition as the supply of new housing and listings remained low.

“The housing market is poised for further gains throughout spring, though the pace will vary across cities.”

The post Brisbane home prices up $93.7k in one year, outpace national trend appeared first on realestate.com.au.