Property Market Update

Brisbane Holds Steady After an Impressive Growth Run

After several years of outperformance, Brisbane’s property market is showing signs of moderation — but remains one of the strongest capitals overall. 

Dwelling values in Brisbane rose by 0.4% in April and 1.0% over the quarter, continuing positive trajectory, albeit at a slower pace than the record-breaking growth seen over the past few years. In fact, Brisbane property values are now up 15.7% over the past 12 months, placing it among the top-performing capital cities . 

Whilst the blistering growth pace of recent years is slowing, this appears to be a healthy rebalancing rather than a market softening. Brisbane’s fundamentals remain strong — and the city is still one of the country’s most resilient performers. 

What's driving the market?

Several factors continue to support Brisbane’s housing demand: 

• Interstate migration remains elevated, with many Australians still drawn to Brisbane’s lifestyle, affordability (compared to Sydney), and climate.  
• Low listing volumes are creating a sense of scarcity. Buyers are facing limited options, which continues to support prices. 
• The February RBA rate cut appears to have boosted buyer sentiment, with many now factoring in additional cuts over the coming months — a key support for borrowing capacity and buyer confidence.
  

Performance elsewhere

Brisbane continues to outperform most capital cities, maintaining its lead as one of the strongest-performing markets in Australia.

• Sydney also recorded a 0.4% gain in April with home values now -0.6% below their record high after recent declines. 
• Melbourne is beginning to rebound, recording a 0.3% gain in April but still sits 6.3% below its 2022 peak, signalling it has more ground to make up. 

While some capitals are still climbing back toward their previous highs, Brisbane has already powered well past its pre-pandemic levels — and continues to be the market to beat. 

Where to from here?

While the days of double-digit annual price gains may be over for now, the market is still underpinned by structural demand — particularly in areas where affordability and liveability intersect, like the middle and outer-ring suburbs.  

For investors, the picture remains compelling: high population growth, low vacancy, and tight supply continue to support both growth and rental returns. In this phase of the cycle, success is likely to come from selecting well-located, high-demand assets that align with evolving buyer and tenant preferences.

LongView Investment Fund

The LongView Investment Fund, had a really strong quarter with a return of 4.51 for the quarter (9.10% annualised) and total return for 9.10% over the previous 12 months (or since inception). This is a strong out-performance of the broader property market and validates the core benefits of the fund in both the unique product structure and superior property selection. You can read more about the funds performance here. 

If you qualify as a wholesale investor you can find out more information about investing. 

We thank you for your ongoing support and as always, if there’s any way we can support you in your property journey don’t hesitate to get in touch.