In the first quarter of 2025, Brisbane’s property market exhibited steady growth, with a median house price of approximately $981,474, reflecting an annual increase of 7.54%. The unit market outperformed, with median prices reaching around $694,577, marking a substantial annual growth of 14.09%.
How Brisbane Compares to Other Capital Cities
- Brisbane: Brisbane’s median dwelling price was $899,824 in March 2025. This represents a 0.4% increase from the previous month and contributes to an annual growth of 8.6%, maintaining its position as a more affordable capital city with continued upward momentum.
- Sydney: Sydney’s median dwelling price reached $1.104 million in March 2025, following a 0.47% increase over the month, and remains one of the most expensive markets in Australia.
- Melbourne: The median dwelling sale prices declined by 2.26% year-on-year, falling from $795,580 in March 2024 to $778,000 in March 2025 — a drop of approximately $17,580. This makes Melbourne the only capital city to experience negative annual price growth in that period
- Perth: Perth’s median house sale price rose by 1.4% in January 2025 to reach $750,000, which is a 23.0% increase compared to January 2024. (Latest sale price data beyond January 2025 is not readily accessible at the time of writing.)
Source: REA, Proptrack, REIWA
Interested in Knowing Your Property’s Current Worth?
Get your free property appraisal today with Calibre Real Estate. Our experienced agents are here to provide you with a comprehensive and accurate assessment, helping you make informed decisions in the Brisbane real estate market. This service is beneficial whether you’re considering a sale, rent, or just want to understand your property’s current market value.
For more information and to stay updated on the latest real estate trends in Ashgrove, visit our website or contact our team of experts at Calibre Real Estate. Whether you’re buying, selling, renting, or simply exploring your options, we’re here to support you every step of the way.
