- Queensland vacancies (Source: REIQ)
In the June Quarter 2025 Residential Vacancy Report, REIQ noted a slight rise in Queensland’s overall vacancy rate from 0.9 per cent to 1.0 per cent; however the rental market remains tightly supplied. Among the 50 regions surveyed, just four tightened, 15 remained stable, and the majority (31) saw modest easing. Vacancy rates in nearly all areas remain well below the REIQ’s healthy benchmark of 2.6–3.5 per cent, underscoring ongoing undersupply and strong tenant demand. Industry experts emphasise this data reinforces the need for increased investor activity and new rental stock to address persistent shortages.
- Building approvals (Source: Property Buzz)
In the 2024/25 financial year, new home building approvals in Australia rose by 13.9%, signalling a rebound from previous lows. Detached house approvals increased by 6.1%, while multi-unit approvals surged by 27.9%. This growth is attributed to factors such as strong population growth, tight labour markets, recovering household incomes, and interest rate cuts by the Reserve Bank. However, challenges persist in meeting the government’s ambitious housing target of 1.2 million homes over five years, with only 187,330 new homes approved in 2024/25. The disparity between approvals and actual commencements, particularly in the multi-unit sector, poses significant hurdles. To achieve the target, a substantial increase in multi-unit commencements is necessary, which may require policy adjustments to reduce burdens on the sector.
- Australian home prices (Source: Property Buzz)
Australian home prices have risen for the sixth consecutive month, with all major cities reporting gains. In July 2025, the national Home Value Index increased by 0.6%, driven by a 2.2% rise in Darwin and a 0.6% increase in Sydney. This sustained growth is attributed to low housing supply, high auction clearance rates, and expectations of interest rate cuts. However, affordability remains a concern, with the national dwelling value to household income ratio nearing record highs. Simultaneously, rental vacancy rates are at historic lows, and rental growth is accelerating, further straining household budgets, particularly for younger and lower-income renters.
- Home Price Index (Source: PropTrack)
In July 2025, Australian home prices reached a new record high, with the national median price rising to $827,000—a 0.3% increase from June and a 4.9% rise year-on-year. Capital cities experienced a 0.3% monthly increase, while regional areas saw a 0.4% rise. Adelaide led both monthly and annual growth, with increases of 0.9% and 9.4%, respectively. Brisbane and Perth also posted strong gains, with annual growth of 9% and 7.9%, respectively. Conversely, Canberra recorded a slight decline of 0.1%. Despite the overall growth, the pace of increase slowed in July, possibly due to the Reserve Bank’s unexpected decision to maintain interest rates. Units slightly outperformed houses in July, with a 0.4% increase compared to 0.3% for houses. Year-on-year, houses saw a 4.9% rise, while units increased by 4.7%.
- Brisbane’s property market (Source: Eliza Owen)
Brisbane has officially become a million-dollar housing market, with its median house value surpassing $1 million in May 2025. This growth has been driven by strong population increases, limited housing supply, infrastructure development, and continued buyer demand. The city’s appeal, economic stability, and preparations for the 2032 Olympics have also played a significant role in boosting property values.
- Brisbane’s rental market (Source: Brett Warren)
Brisbane’s rental market remains exceptionally strong, with vacancy rates holding at a critically low 0.9 per cent and combined asking rents steady at around $689 per week in June 2025. These conditions reflect resilient demand for family‑sized homes, particularly detached houses, where annual rent growth is approaching 4 per cent. Sydney and Melbourne also show tight rental markets, with vacancy rates of 1.6 per cent and 1.8 per cent respectively, and rents holding firm between $654 and $852 per week. Overall, persistently constrained supply and escalating tenant competition continue to make the east coast an attractive environment for property investors, especially in Brisbane.
- Australian rental market (Source: Leanne Jopson)
The Australian rental market remains strongly in favour of landlords, a trend that has persisted for several years. High demand for rental properties combined with low vacancy rates continues to support strong rental yields and rental growth. Factors such as ongoing population growth, limited new rental supply, and tighter lending conditions have further strengthened landlords’ market power. This environment benefits property investors by maintaining steady income and capital growth opportunities despite broader economic challenges.
- South‑East Queensland (Source: Liam Garman)
22 suburbs across South‑East Queensland are poised for substantial property price growth driven by Olympic‑related investment. In Brisbane, key inner‑city suburbs such as Bowen Hills, Spring Hill, Newstead, Fortitude Valley, Woolloongabba, East Brisbane, Coorparoo, Stones Corner, Dutton Park and Kangaroo Point—owing to their proximity to major venues like the Brisbane Stadium, Athletes’ Village and National Aquatic Centre—are expected to lead the capital uplift. Growth is also anticipated in Gold Coast suburbs including Southport, Labrador, Benowa, Ashmore, Molendinar and Arundel, as well as Sunshine Coast markets such as Maroochydore, Kawana, Yandina, Warana, Nambour and Bokarina, where infrastructure development and urban renewal are key drivers.
- Australian property prices (Source: Craig Francis)
In August 2025, Australian property prices rose for the sixth consecutive month – rising more than three times faster than inflation, with both capital city and regional markets up 0.6% in July. Mid‑sized capitals led the gains: Perth surged 0.9%, Brisbane and Adelaide each rose 0.7%, while Sydney and Melbourne lagged at 0.6% and 0.4% respectively. Darwin stood out with a remarkable 2.2% monthly increase, translating into approximately 9.7% growth over the first seven months of the year.
- Brisbane’s property market (Source: Melinda Jennison)
Brisbane’s property market continued its strong performance in July 2025, with dwelling values up 0.7 per cent for the month, 2.3 per cent for the quarter, and 7.3 per cent year-on-year, ranking behind only Perth and Darwin. Unit values outpaced houses, rising 1.1 per cent in July and 10.6 per cent annually, driven by demand from first-home buyers and investors targeting affordable dwellings. Limited listings, higher auction clearance rates, easing inflation, and expected interest rate cuts are set to support further growth through the remainder of the year.
- CoreLogic Auction Results (Week ending 8 August 2025)
(Total Auction / Clearance Rate)
– Sydney: 571 / 70.2%
– Melbourne: 730 / 65.3%
– Brisbane: 128 / 66.4%
– Perth: 7 / 57.1%
– Canberra: 55 / 67.3%
– Adelaide: 84 / 63.1%
– Tasmania: NA / NA
– Combined Capitals: 1,575 / 67.1%
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