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The pace of growth across the Brisbane housing market has
been more sustainable than what has been evident in Sydney and
Melbourne. Brisbane values haven’t seen as much growth as the
larger capital cities and the affordability of Brisbane’s housing market,
compared with Sydney and Melbourne, is now becoming one of
it’s most attractive features. This is beginning to attract buyers from
interstate. Rental yields are also substantially higher than what can
be found in the other major capital cities. Transaction numbers are
trending higher across the Brisbane housing market which means
buyer demand is continuing to improve.
QUEENSLAND
Affordability and buyer demand drives Brisbane
Brisbane’s performance over time
Brisbane’s best performers
Brisbane Median Price
Houses
Units
Dwellings
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
JAN-05
JUL-05
JAN-06
JUL-06
JAN-07
JUL-07
JAN-08
JUL-08
JAN-09
JUL-09
JAN-10
JUL-10
JAN-11
JUL-11
JAN-12
JUL-12
JAN-13
JUL-13
JAN-14
JUL-14
JAN-15
JUL-15
Houses
Units
Median Price
$490,000
$396,800
Quarterly change
2.0%
0.6%
12 months change
4.9%
2.1%
5 year total change
3.3%
-2.1%
10 year total change
44.6%
36.4%
Rank
Suburb
$
Affordable
1
DINMORE
$222,000
12 23.3%
2
BASIN POCKET
$245,000
23 22.5%
3
MACLEAY ISLAND
$230,000
71 13.6%
$$
Mid range
1
NORTH MACLEAN
$486,000
16 14.4%
2
BAHRS SCRUB
$497,500
32 11.6%
3
ARANA HILLS
$489,560
111 7.8%
$$$
Prestige
1
HIGHGATE HILL
$1,092,500
52 28.5%
2
ST LUCIA
$1,150,000
68 19.2%
3
HAMILTON
$1,197,500
88 18.3%
Rank
Suburb
$
Affordable
1
HILLCREST
$229,000
32 5.2%
2
BEENLEIGH
$187,000
74 4.5%
3
WOODRIDGE
$189,000
179 4.4%
$$
Mid range
1
ARANA HILLS
$388,000
27 10.9%
2
GORDON PARK
$395,000
49 5.3%
3
EIGHT MILE PLAINS
$405,000
122 2.5%
$$$
Prestige
1
BARDON
$640,000
22 18.8%
2
MILTON
$530,000
33 15.2%
3
HAWTHORNE
$550,000
57 10.6%
Rolling Median Price (12 months)
Number sold (12 months)
12 month change in median price
Affordable
= suburbs below 25th percentile
Mid range
= suburbs between 25th and 75th percentile
Prestige
= suburbs above 75th percentile
12