The latest South East Queensland Market Report—delivered by the UDIA Queensland Research Foundation in partnership with CoreLogic and NBN—offers a clear look at what’s happening in the region’s property market.
From top-performing suburbs and sales trends to rental insights and an updated affordability index, this report is packed with valuable information. Whether you’re looking to buy, invest, or just stay informed, it’s one of our go-to guides for SEQ’s market trends.
The August reporting period shows that South East Queensland is currently seeing a steady uptick in house and unit sales, with median prices gradually on the rise. Land prices have settled a little since last quarter, and most areas are showing modest growth.
Brisbane
Brisbane’s index position has improved and is now sitting at the top of the Less Affordable range. The top three suburbs for total house sales were Forest Lake with 354, The Gap with 230, and Wavell Heights with 219. The report shows 13,810 house sales over the last 12 months, a 1.5 per cent increase compared to the previous quarter. The median house price over the last year is sitting at $1,126,750, a 4.8 per cent increase from the previous quarter. Over the same quarterly period, the median time on the market for houses increased from 12 to 19 days.
Unit sales for the past 12 months were 13,024, a 1.6 per cent increase compared to the previous quarter. The median unit price over the same period is now $585,000, a 4.5 per cent increase compared to the previous quarter.
On top of property sales, there were also 1,223 blocks of land sold in the past year. The top suburb for total land sales was Pallara with 167 lots sold. In second place was Heathwood, with 122 lots sold, and finally, in third place was Rochedale, with 97 lots sold. During the same period, the median land price increased by 4.5 per cent to $585,000.
The median asking rent for houses is $680, a 9.7 per cent increase compared to the same quarter last year. The median asking rent for units is $580, a 16 per cent increase over the same period.
The Gold Coast
The Gold Coast’s index position remains stable in the mid-range of Less Affordable.
House sales over the past year were 8,588, a 1.4 per cent quarterly decrease. The three suburbs for house sales over the past 12 months are Pimpama with 557 sales, Coomera with 463 sales, and Upper Coomera with 413 sales. The median house price over the last 12 months is $1,071,000, a 4.5 per cent increase compared to the last quarter.
There were 7,641 unit sales over the past year with a median unit price of $700,000, a quarterly decrease of 1.5 per cent and an increase of 2.9 per cent, respectively.
Over the last 12 months, 341 blocks of land were sold. During this period, the top three suburbs were Burleigh Heads, with 45 lots sold; Coomera, with 41 lots sold, and Hope Island, with 31 lots sold. The median land price is $820,000, a 17.1 per cent increase compared to the same period last year.
The median asking rent for houses is $800 and units $685, a 3.2 per cent and 9.6 per cent quarterly increase, respectively.
In a market that continues to evolve, this report provides the insights needed to make informed decisions. With steady growth across key areas and promising trends emerging, SEQ remains a region to watch—whether you’re planning your next move, exploring investment opportunities, or simply keeping an eye on what’s ahead.
Image credit: https://udiaqld.com.au/
