10 BRISBANE, QLD As of early 2025, Brisbane’s property market is showing strong growth, driven by high demand, limited supply and major infrastructure projects. The median dwelling price has reached $907,864, up 7.8% year-on-year. Detached houses rose 6.8%, while units surged 12.8%, outperforming those in Sydney and Melbourne. Key drivers include interstate migration, a resilient local economy and momentum from the upcoming 2032 Olympic Games. Tight rental conditions, with a 1% vacancy rate and 3.6% annual rent growth, are adding pressure. To boost housing supply, Brisbane’s Lord Mayor has announced plans to rezone 14% of residential areas for higher density. Suburbs like Paddington, Ashgrove and Salisbury continue to perform well, offering strong potential for capital growth and rental returns. Source: Corelogic, PropTrack CANBERRA, ACT Canberra’s property market is stabilising, with growing confidence following a pre-election pause. Improving economic conditions and strong lifestyle appeal are drawing buyers and sellers back. The median house price has risen 3.6% to $854,000. Auction clearance rates are up to 61% and rental yields have increased to 4.1% - signs of a balanced, steady market. Demand remains strong in well-serviced suburbs like Belconnen and Gungahlin. With positive sentiment and solid fundamentals, Canberra’s market is well-positioned for sustained activity throughout 2025. “With the election settled and further rate cuts expected, we anticipate a stronger market in late 2025.” Source: Corelogic – Dan McAlpine - Principal, Belle Property Canberra
RkJQdWJsaXNoZXIy MTI3ODI1