Property stock drops as selling season hits

The home at 13 Starling St, Deebing Heights, was recently listed for sale for offers over $699,000. Picture: realestate.com.au

Queensland homebuyers are faced with plummeting stock levels as the number of homes listed for sale dropped heading into spring selling season.

The latest PropTrack listing report revealed the number of homes for sale in Brisbane fell 12.4 per cent between August 2024 and August 2025.

This decline was helped along by a 6.7 per cent monthly drop in the total number of listings in August.

The report, which analysed realestate.com.au data, showed the number of new Brisbane residential property listings was also down 12.3 per cent in August and 18.4 per cent year-on-year.

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The property at 27 Gillian St, Beachmere, is newly listed for auction. Picture: realestate.com.au

In regional Queensland, new listing dropped 6.3 per cent month-on-month and 14.6 per cent year-on-year.

This pushed total listings in regional Queensland down 4.2 per cent in August and down 13 per cent in the past year.

REA Group senior economist and report author, Angus Moore said listings, new and total, had dropped across most of Australia.

“National new listings in August were down 12 per cent year-on-year, with broadly consistent declines in metro and regional markets,” he said.

Year-on-year, new listings were down 25.4 per cent in Darwin, 19.4 per cent in Perth, 18.4 per cent in Brisbane, 16 per cent in Canberra, 12.3 per cent in Sydney, 10.6 per cent in Hobart, 10 per cent in Adelaide and 7.3 per cent in Melbourne.

“These declines reflect, in part, a particularly strong August last year,” Mr Moore said.

The home at 46 Ireland St, Oonoonba, is for sale for offers over $450,000. Picture: realestate.com.au

Mr Moore said the total volume of listings on market was also down compared to last year, with 8 per cent fewer properties listed for sale.

“The decline was similarly sized in regional areas and capital cities,” he said.

“However, the declines differed across the cities.

“Buyers in Sydney (-3%), Adelaide (0%) and Perth (-3%) are facing similar or modestly smaller stock, while buyers in Melbourne (-12%), Brisbane (-13%) and Hobart (-19%) have seen larger declines.

“Darwin (-44%) has seen a particularly sharp decline in active stock, driven by both a smaller flow of new listings and homes selling faster.”

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