Brisbane has entered 2026 with continued momentum, supported by resilient buyer demand, limited listing supply, and ongoing rental pressure.
While growth is beginning to moderate compared to previous periods, prices across both houses and units have remained strong, with Brisbane continuing to perform well relative to other capital city markets.
Market Highlights
Brisbane recorded strong price growth into early 2026
Brisbane’s median property prices continued to increase in Q1 2026, with annual growth of +18.5% for houses and +21.5% for units. Quarterly growth remained solid at +4.9% for houses and +6.1% for units.
Units recorded higher growth than houses
Over the past 12 months, median unit prices increased by +21.5%, compared to +18.5% for houses. This trend has continued into Q1 2026.
Sales activity moderated slightly over the past 12 months
Total transaction volumes reached approximately 55,871 sales, representing a -3.0% change year-on-year. This reflects a modest reduction in sales activity compared to the previous period.
Rental conditions remain tight
Gross rental yields remain higher for units than houses, while vacancy rates continue to sit at low levels. Median weekly rents are $680 for houses and $650 for units, with annual rental growth of +6.3% and +6.8% respectively.
How Does Brisbane Compare Nationally?
Across Australia’s capital city markets (Apr 2026)
Brisbane recorded +18.5% annual growth in median house prices, outperforming Sydney (+5.3%), Melbourne (+4.0%), Adelaide (+11.3%) and Canberra (+7.7%). Only Perth (+24.1%) and Darwin (+19.8%) recorded higher growth.
Brisbane recorded +21.5% annual growth in median unit prices, ahead of Sydney (+3.5%), Melbourne (+2.0%), Adelaide (+12.3%) and Canberra (+1.0%), with only Perth (+26.1%) and Darwin (+19.6%) recording higher growth.
Source: Cotality Jan 2026
Outlook for Q1 2026
For sellers
With supply remaining relatively constrained, well-presented properties in desirable locations continue to be well positioned. Accurate pricing and strong presentation will remain key to achieving strong outcomes.
For buyers
Competition remains present across well-located and well-presented properties. Buyers who are finance-ready and decisive will continue to be best placed, particularly in high-demand segments.
For investors
With strong annual price growth, low vacancy rates, and steady rental returns, Brisbane continues to offer solid fundamentals for investors seeking both capital growth and yield.
Brisbane has entered 2026 with strong underlying fundamentals. While market conditions are becoming more balanced, the combination of continued price growth, limited supply, and tight rental conditions continues to support a positive outlook for the year ahead.
Thinking of selling or investing?
Know where you stand before you make your next move.
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.
