30 | Insights H1 2026 Trent Bruce of Commercial Brisbane, explains, “Brisbane’s residential property market has seen significant price gains in recent years, underpinned by strong interstate migration, relative affordability compared with other capital cities and resilient local economic conditions. This buoyancy is having a ripple effect on the commercial property sector. “Residential demand and growth fuels demand for retail space, services and amenities. As development intensifies in North Brisbane, demand for supporting industrial uses continues to rise. This trend is amplifying demand for strategically located, smaller industrial properties. The office market is also faring well in comparison to other states with steady vacancy rates.” Overall, Brisbane’s commercial property sector is performing well. “Higher interest rates will have an influence on pricing and yields. However, the city continues to offer resilient long term investment fundamentals for well-capitalised buyers, says Trent. “Brisbane is without question one of – if not the top-performing capital city – for future growth, offering sustained demand and tightening supply.” Trent Bruce tbruce@rhcommercial.com Brisbane North Office Industrial Retail Rents p/m² Vacancy Yields Rates p/m² Six-month market outlook For more information, contact: Office Industrial Retail Rents p/m² $350-$450 $170-$250 $500-$750 Vacancy 10% Below 5% 8% Yields 5.5-6.0% 5.25-6.0% 5.5-6.0% Rates p/m² $5,500-$8,000 $4,000-$5,500 $6,000-$8,500 Current market conditions $5,850,000 268 South Pine Road, Enoggera Recent Notable Transactions SOLD $263,360 Net + outgoings + GST 1/739 Deception Bay Road, Rothwell LEASED
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