Brisbane’s property market has been on a tear, with median house prices climbing over 50% in the past five years. Brisbane has become a popular place for buyers and investors. This is due to people moving there, new infrastructure, and lower costs compared to Sydney and Melbourne.
New forecasts from KPMG show that the city’s rapid growth may slow down and level off by Christmas 2025.
Why the Shift?
- Affordability Ceiling – Many buyers are now maxed out, with borrowing capacity constrained despite recent interest rate cuts.
- New Supply Coming Online – Increased completions in outer-ring suburbs are gradually easing the pressure on inner-city stock.
- Economic Conditions – Any national or global economic softening could impact buyer confidence.
What the Data Says
KPMG forecasts a slowing of price growth into early 2026, with some suburbs potentially experiencing modest declines. While the fundamentals remain strong, the days of double-digit annual growth may be over — at least for now.
Advice for Market Participants
- Sellers: Pricing realistically and presenting homes well will be more important than ever.
- Buyers: A cooling market could present opportunities, but local knowledge is key.
- Investors: Monitor rental yields, especially in areas seeing a surge in new apartment supply.
Final Word
Brisbane isn’t facing a crash, but a shift from rapid growth to stability. Staying informed about your suburb’s supply-demand balance will help you make confident decisions in this evolving market.
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