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Brisbane’s Hot Autumn Housing Market – Where are the Top Performing Suburbs?
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Brisbane’s Hot Autumn Housing Market – Where are the Top Performing Suburbs?

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The Brisbane housing market has recorded its strongest start to a year since 2003 with the median house price soaring by 5.6% since February.

Booming house prices have been fuelled by record low-interest rates, a reviving post-covid economy, and waves of southern state migrants seeking safety, lifestyle, climate, and more – affordable living.

Brisbane City has been the leading regional performer this year so far with prices increasing by a remarkable 12.7% followed by Redland up 7.5%, Moreton Bay up 4.1%, Ipswich up 3.9%, and Logan up 2.4%.

Region60-day Median House Price May 15th60-day Change
Brisbane Capital$545,0005.6%
Brisbane City$755,00012.7%
Ipswich City$388,0003.9%
Logan City$420,0002.4%
Moreton Bay City$510,0004.1%
Redland City$575,0007.5%

Rapidly rising Brisbane house prices reflect the record auction clearance rates reported this year so far and driven by unprecedented buyer competition for available property.

Brisbane Average Weekend

Houses in the most popular Brisbane suburbs are selling quickly with average days on market under 2 weeks.

Wynnum is the top performer with houses selling on average over the past month in just 10 days followed by Cleveland 12.7 days, North Ipswich 13.7 days, and Clayfield 14.7 days.

SuburbAverage Days to Sell (min. 10 sales)Median House PriceRegion (City)
Wynnum10.0$687,500Brisbane
Cleveland12.7$548,750Redland
North Ipswich13.7$331,500Ipswich
Clayfield14.7$925,000Brisbane
Silkstone16.0$335,000Ipswich
Mount Gravatt East16.8$732,000Brisbane
Morningside17.0$735,000Brisbane
Birkdale17.3$730,600Redland
Moorooka17.7$680,000Brisbane
Tarragindi17.9$991,000Brisbane

Although the recent near-record surge in Brisbane house prices is likely to ease over coming months as increased affordability constraints restrict buyer activity, underlying demand will remain strong, particularly from interstate migrants seeking the prospect of refuge, lifestyle, and prosperity in the Sunshine state.

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