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 September 2024, it reached a new high of 985,900 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 and 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 December 2024. 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 19.1 percent increase from December 2023, 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 September quarter of 2024, the number of residential dwellings reached around 11.25 million, representing an increase of about 53,100 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, hikes in mortgage interest rates 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.

Housing register, tenancy, dwelling and financial information on public, community and Indigenous housing programs; and private rental market and home purchase assistance provided.

Housing register, tenancy, dwelling and financial information on public, community and Indigenous housing programs; and private rental market and home purchase assistance provided.

Waitlist, tenancy, dwelling and financial information on public, community and Indigenous housing programs; and private rental market and home purchase assistance provided.

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.EB015: Housing Affordability Index: Based on Commonwealth Bank of Australia Home Price (Discontinued). Rebased Index. Replacement series ID: 305195501

Housing register, tenancy, dwelling and financial information on public, community and Indigenous housing programs; and private rental market and home purchase assistance provided. Housing register, tenancy, dwelling and financial information on public, community and Indigenous housing programs; and private rental market and home purchase assistance provided.

Waitlist, tenancy, dwelling and financial information on public, community and Indigenous housing programs; and private rental market and home purchase assistance provided.\r

As at September 2023, the total value of construction work completed on new houses in Queensland, Australia amounted to approximately seven billion Australian dollars. The highest value of new house construction work recorded within the given period was in 2022.

Housing register, tenancy, dwelling and financial information on public, community and Indigenous housing programs; and private rental market and home purchase assistance provided

This project comprises two studies that examine the relationship between investor attention and house prices in the Australian housing market. The first study investigates the correlation between investor attention, measured by the Google Search Volume Index, and house prices in Australia. It uncovers a strong positive correlation, indicating that fluctuations in investor attention closely align with changes in house prices. The study also highlights the predictive potential of investor attention in forecasting housing market trends, supported by behavioural finance principles that emphasise the impact of investor sentiment on asset pricing, particularly in real estate.

The second study explores the bidirectional relationship between house prices and investor attention using OLS regression, VAR modeling, Granger causality tests, impulse response functions, and forecast error variance decomposition. The findings confirm that investor attention significantly influences housing prices, and past house prices can also impact current investor attention. In addition, short-term shocks in house prices cause fluctuations in investor attention, although these effects are transient. This study underscores the importance of integrating investor attention with traditional economic factors to better understand and predict housing market dynamics.

These empirical studies contribute significantly to the literature on investor attention and housing market dynamics, representing some of the earliest empirical inquiries into the relation between housing market fluctuations and investor attention. By bridging these two critical domains, the research provides valuable insights for policymakers, real estate investors, and market analysts. The findings also lay a foundation for scholars and practitioners to enhance housing market analysis and prediction, offering substantial implications for market forecasting and intervention strategies.

In 2024, one square meter of greenfield land cost an average of 992 Australian dollars in South East Queensland, Australia. This was the highest price recorded in the past decade for that region.

The Outlook of the Australian Commercial Property Market Report is Segmented by Type (office, Retail, Industrial and Logistics, Hospitality, and Other Types) and by Key Cities (Sydney, Melbourne, Brisbane, Adelaide, Canberra, and Perth). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

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 combines Brisbane City Council property information with the Queensland Government Digital Cadastral Database (DCDB) to show property holdings in Brisbane City Council area.A property holding is a Council-defined and managed information entity. Its boundaries are generally based on land parcels. A property holding may consist of one or multiple land parcels.The Digital Cadastral Database (DCDB) is the spatial representation of every current parcel of land in Queensland, and its legal Lot on Plan description and relevant attributes. It provides the map base for systems dealing with land related information. The DCDB is considered to be the point of truth for the graphical representation of property boundaries. It is not the point of truth for the legal property boundary or related attribute information, this will always be the plan of survey or the related titling information and administrative data sets.

Waitlist, tenancy, dwelling and financial information on public, community and Indigenous housing programs; and private rental market and home purchase assistance provided.

Australia PPI: Output: Construction: Building: House Construction: Queensland data was reported at 170.900 1989-1990=100 in Jun 2012. This records a decrease from the previous number of 171.000 1989-1990=100 for Mar 2012. Australia PPI: Output: Construction: Building: House Construction: Queensland data is updated quarterly, averaging 138.000 1989-1990=100 from Jun 1998 (Median) to Jun 2012, with 57 observations. The data reached an all-time high of 174.100 1989-1990=100 in Jun 2011 and a record low of 99.300 1989-1990=100 in Sep 1998. Australia PPI: Output: Construction: Building: House Construction: Queensland 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.I025: Producer Price Index: 1989-90=100: ANZSIC 2006: Output of the Construction Industry.

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.

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 2016-17. 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.

In 2018, the value of Chinese investment in commercial real estate in Queensland, Australia amounted to around 335 million Australian dollars. The total value of Chinese investment in real estate across the state amounted to almost 400 million Australian dollars in that year.