In the June quarter of 2024, the average residential property price in Queensland exceeded 885 thousand Australian dollars. This marked the highest quarterly mean dwelling price in Queensland during the reported period.

The average price of Australian residential property has risen over the past ten years, and in December 2024, it reached 976,800 Australian dollars. Nonetheless, property experts in Australia have indicated that the country has been in a property bubble over the past decade, with some believing the market will collapse sometime in the near future. Property prices started declining in 2022; however, a gradual upward trend was witnessed throughout 2023, with minor fluctuations in 2024. Australian capital city price differences While the national average residential property price has exhibited growth, individual capital cities display diverse trends, highlighting the complexity of Australia’s property market. Sydney maintains its position as the most expensive residential property market across Australia's capital cities, with a median property value of approximately 1.19 million Australian dollars as of April 2025. Brisbane has emerged as an increasingly pricey capital city for residential property, surpassing both Canberra and Melbourne in median housing values. Notably, Perth experienced the most significant annual increase in its average residential property value, with a 10 percent increase from April 2024, despite being a comparably more affordable market. Hobart and Darwin remain the most affordable capital cities for residential properties in the country. Is the homeownership dream out of reach? The rise in property values coincides with the expansion of Australia's housing stock. In the December quarter of 2024, the number of residential dwellings reached around 11.29 million, representing an increase of about 53,200 dwellings from the previous quarter. However, this growth in housing supply does not necessarily translate to increased affordability or accessibility for many Australians. The country’s house prices remain largely disproportional to income, leaving the majority of low- and middle-income earners priced out of the market. Alongside this, elevated mortgage interest rates in recent years have made taking out a loan increasingly unappealing for many potential property owners, and the share of mortgage holders at risk of mortgage repayment stress has continued to climb.

As of April 2025, Sydney had the highest median residential property value compared to other capital cities in Australia, with an average dwelling value of around **** million Australian dollars. Brisbane followed, with a median residential dwelling value of around ******* Australian dollars.

Housing Index in Australia increased to 183.90 points in the fourth quarter of 2021 from 175.60 points in the third quarter of 2021. This dataset provides the latest reported value for - Australia House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Australia Housing Affordability Index: Queensland: Brisbane data was reported at 104.100 Index in Jun 2010. This records a decrease from the previous number of 112.400 Index for Mar 2010. Australia Housing Affordability Index: Queensland: Brisbane data is updated quarterly, averaging 183.007 Index from Sep 1984 (Median) to Jun 2010, with 104 observations. The data reached an all-time high of 238.095 Index in Sep 2000 and a record low of 83.800 Index in Mar 2008. Australia Housing Affordability Index: Queensland: Brisbane data remains active status in CEIC and is reported by Housing Industry Association. The data is categorized under Global Database’s Australia – Table AU.EB019: Housing Affordability Index: Based on Commonwealth Bank of Australia Home Price (Discontinued). Rebased Index. Replacement series ID: 305195501

The Residential Property Price Index in Australia rose by 4.7 percent qoq in Q4 2021, above market consensus of 3.9 percent and after a 5.0 percent growth in Q3. This was the sixth straight quarter of growth in property prices, supported by record-low interest rates and strong demand. The strongest quarterly price increases were recorded in Brisbane (9.6 percent), followed by Adelaide (6.8 percent), Hobart (6.5 percent), and Canberra (6.4 percent). Through the year to Q4, the index jumped to a record high of 23.7 percent, with Hobart, Canberra, Brisbane, Sydney, and Adelaide having the largest annual rise since the commencement of the series; while Melbourne had the largest annual rise since Q2 2010. This dataset includes a chart with historical data for Australia House Price Index QoQ.

The Collinsville area was the most affordable housing suburb in Queensland, Australia as of March 2025, with a median property value of around ******* Australian dollars. The Charleville suburb had the next lowest prices for housing, at around ******* dollars.

The house price-to-income ratio in Australia was ***** as of the first quarter of 2025. This ratio, calculated by dividing nominal house prices by nominal disposable income per head, increased from the previous quarter. The price-to-income ratio can be used to measure housing affordability in a specific area. Australia's property bubble There has been considerable debate over the past decade about whether Australia is in a property bubble or not. A property bubble refers to a sharp increase in the price of property that is disproportional to income and rental prices, followed by a decline. In Australia, rising house prices have undoubtedly been an issue for many potential homeowners, pricing them out of the market. Along with the average house price, high mortgage interest rates have exacerbated the issue. Is the homeownership dream out of reach? Housing affordability has varied across the different states and territories in Australia. In 2024, the median value of residential houses was the highest in Sydney compared to other major Australian cities, with Brisbane becoming an increasingly expensive city. Nonetheless, expected interest rate cuts in 2025, alongside the expansion of initiatives to improve Australia's dwelling stock, social housing supply, and first-time buyer accessibility to properties, may start to improve the situation. These encompass initiatives such as the Australian government's Help to Buy scheme and the Housing Australia Future Fund Facility (HAFFF) and National Housing Accord Facility (NHAF) programs.

Facilities and space management of government owned and leased properties.

The dataset "aus_real_estate.csv" encapsulates comprehensive real estate information pertaining to Australia, showcasing diverse attributes essential for property assessment and market analysis. This dataset, comprising 5000 entries across 10 distinct columns, offers a detailed portrayal of various residential properties in cities across Australia.

The dataset encompasses crucial factors influencing property valuation and purchase decisions. The 'Price' column represents the property's cost, spanning a range between $100,000 and $2,000,000. Attributes such as 'Bedrooms' and 'Bathrooms' highlight the accommodation specifics, varying from one to five bedrooms and one to three bathrooms, respectively. 'SqFt' denotes the square footage of the properties, varying between 800 and 4000 square feet, elucidating their size and spatial dimensions.

The 'City' column encompasses major Australian urban centers, including Sydney, Melbourne, Brisbane, Perth, and Adelaide, delineating the geographical distribution of the properties. 'State' further categorizes the locations into New South Wales (NSW), Victoria (VIC), Queensland (QLD), Western Australia (WA), and South Australia (SA).

The dataset encapsulates temporal information through the 'Year_Built' attribute, spanning from 1950 to 2023, providing insights into the age and vintage of the properties. Moreover, property types are delineated within the 'Type' column, encompassing variations such as 'Apartment,' 'House,' and 'Townhouse.' The binary 'Garage' column signifies the presence (1) or absence (0) of a garage, while 'Lot_Area' provides an understanding of the land area, ranging from 1000 to 10,000 square feet.

This dataset offers a comprehensive outlook into the Australian real estate landscape, facilitating multifaceted analyses encompassing property valuation, market trends, and regional preferences. Its diverse attributes make it a valuable resource for researchers, analysts, and stakeholders within the real estate domain, enabling robust investigations and informed decision-making processes regarding property investments and market dynamics in Australia.

The Australian luxury residential property market, valued at $23.88 billion in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.75% from 2025 to 2033. This expansion is fueled by several key drivers. Strong economic performance in key cities like Sydney, Melbourne, and Brisbane, coupled with a burgeoning high-net-worth individual (HNWI) population, continues to underpin demand for premium properties. Furthermore, a limited supply of luxury housing stock in prime locations, combined with increasing preference for spacious, high-amenity homes, particularly villas and landed houses, contributes to sustained price appreciation. While rising interest rates present a potential restraint, the resilience of the luxury market segment, driven by wealthier buyers less susceptible to interest rate fluctuations, is expected to mitigate this effect. The market is segmented by property type (apartments/condominiums versus villas/landed houses) and location, with Sydney, Melbourne, and Brisbane dominating market share, reflecting their established luxury real estate markets and strong economic activity. Prominent developers like Metricon Homes, James Michael Homes, and others cater to this discerning clientele, offering bespoke designs and high-end finishes. The sustained growth trajectory indicates a promising outlook for investors and developers alike, although careful consideration of macroeconomic factors and regulatory changes will remain crucial. The forecast period (2025-2033) anticipates consistent market expansion, driven by ongoing demand from both domestic and international high-net-worth individuals. While the "Other Cities" segment demonstrates potential for growth, Sydney, Melbourne, and Brisbane are likely to maintain their dominant positions due to existing infrastructure, established luxury markets, and lifestyle appeal. The preference for villas and landed houses is expected to remain strong, reflecting a shift towards larger properties with increased privacy and outdoor space. However, the market will likely see some adjustments in response to economic conditions, including potential shifts in buyer preferences and developer strategies to meet evolving market demands. Maintaining a keen understanding of these dynamics will be critical for navigating the complexities of this dynamic market. Recent developments include: August 2023: Sydney-based boutique developer Made Property laid plans for a new apartment project along Sydney Harbour amid sustained demand for luxury waterfront properties. The Corsa Mortlake development, positioned on Majors Bay in the harbor city’s inner west, will deliver 20 three-bedroom apartments offering house-sized living spaces and ready access to a 23-berth marina accommodating yachts up to 20 meters. With development approval secured for the project, the company is moving quickly to construction. Made Property expects construction to be completed in late 2025., September 2023: A luxurious collection of private apartment residences planned for a prime double beachfront site in North Burleigh was released to the market for the first time with the official launch of ultra-premium apartment development Burly Residences, being delivered by leading Australian developer David Devine and his team at DD Living. The first stage of Burly Residences released to the market includes prestigious two and three-bedroom apartments – with or without multipurpose rooms – and four-bedroom plus multipurpose room apartments that deliver luxury and space with expansive ocean and beach views.. Key drivers for this market are: 4., Increasing Number of High Net-Worth Individuals (HNWIs). Potential restraints include: 4., Increasing Number of High Net-Worth Individuals (HNWIs). Notable trends are: Ultra High Net Worth Population Driving the Demand for Prime Properties.

This dataset shows the extent of named Rural Properties (horticultural or agricultural farms) within the State of Queensland.

Land use code definitions are used to determine the differential rating categorisation for properties across Brisbane City Council.

The land use code indicates the predominant use for which the property is utilised or adapted to be utilised by virtue of its structure, fixtures and fittings or particular improvements and is an indicator of the property's specific rating criteria.

The land use code is part of the Council's property record held in the core land database and indicates the predominant use for which the property is utilised or adapted to be utilised by virtue of its structure, fixtures and fittings or particular improvements and is an indicator of the property's specific rating criteria.

The primary land use code identifies the predominant use for which the property is utilised and is an indicator of the property’s specific rating category, while the secondary land use code applied where a lesser use is also engaged on the property.

The specific rating criteria are used to identify into which Differential Rating Category a property will be placed in accordance with the annual Resolution of Rates and Charges.

In determining the predominant use, consideration will be given but not limited to the Visual, Spatial and Economic aspects of the land. Area is not the principal basis for determining the predominant use. The predominant use may be determined and applied during the construction phase of a structure and will be identified by its ultimate land use code followed by a secondary land use code of 01.

Rating category definitions are used to determine the rating of properties across Brisbane City Council.

Rating category definitions are contained in the Resolution of Rates and Charges which is the formal resolution that sets out the various rates levied by Council and any associated charges.

Resolution of rates and charges tables are used in identifying the rating categories and charges for rateable properties across Brisbane City Council for the financial year.

Information in this dataset relating to land use code definitions or relating to rating category definitions must be read in conjunction with the Resolution of Rates and Charges section of the Annual Plan and Budget 2023-24. Annual Plan and Budget documents are available on the Brisbane City Council website.

For more information about Brisbane City Council’s budget, please visit www.brisbane.qld.gov.au or phone Council’s Contact Centre on (07) 3403 8888.

This topographic dataset displays the extent of named rural properties (horticultural or agricultural properties) in the State of Queensland.

The Australia Luxury Residential Real Estate Market Report is Segmented by Business Model (Sales and Rental), by Property Type (Apartments & Condominiums and Villas & Landed Houses), by Mode of Sale (Primary New-Build and Secondary Existing-Home Resale), and by Key Cities (Sydney, Melbourne, Brisbane, Perth and the Rest of Australia). The Market Forecasts are Provided in Terms of Value (USD).

This dataset provides information about the number of properties, residents, and average property values for Queensland Court cross streets in Fort Mill, SC.

This dataset provides information about the number of properties, residents, and average property values for Brisbane Bay cross streets in Dana Point, CA.

Australia Housing Affordability Index: Queensland: Others data was reported at 118.200 Index in Jun 2010. This records a decrease from the previous number of 124.100 Index for Mar 2010. Australia Housing Affordability Index: Queensland: Others data is updated quarterly, averaging 184.683 Index from Sep 1984 (Median) to Jun 2010, with 104 observations. The data reached an all-time high of 287.124 Index in Dec 2001 and a record low of 97.800 Index in Jun 2008. Australia Housing Affordability Index: Queensland: Others data remains active status in CEIC and is reported by Housing Industry Association. The data is categorized under Global Database’s Australia – Table AU.EB019: Housing Affordability Index: Based on Commonwealth Bank of Australia Home Price (Discontinued). Rebased Index. Replacement series ID: 305195601

In 2024, the largest share of houses sold in Brisbane, Australia were in the price category of less than ******* Australian dollars, with over **** percent of houses sold in this price range.

Australia Consumer Price Index (CPI): Brisbane: Housing data was reported at 188.200 1989-1990=100 in Jun 2012. This records an increase from the previous number of 187.200 1989-1990=100 for Mar 2012. Australia Consumer Price Index (CPI): Brisbane: Housing data is updated quarterly, averaging 100.450 1989-1990=100 from Sep 1972 (Median) to Jun 2012, with 160 observations. The data reached an all-time high of 188.200 1989-1990=100 in Jun 2012 and a record low of 20.300 1989-1990=100 in Sep 1972. Australia Consumer Price Index (CPI): Brisbane: Housing data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I009: Consumer Price Index: 1989-90=100: Eight Capital Cities.