Since interest rates were reduced last month, Brisbane’s property market has remained resilient, with buyer activity continuing to increase. Open homes are busier, properties are receiving more offers, and mortgage brokers are seeing a rise in buyers finalising their paperwork.
Lower price brackets ($600,000 – $1.15 million)
The most competitive segment remains entry-level houses and townhouses up to $1.15 million, particularly well-located homes requiring minimal work. First-home buyers and investors continue to drive demand at this price point, though limited stock is creating strong competition.
Townhouses and low-maintenance properties in this range are also becoming increasingly sought after due to affordability constraints and lifestyle shifts, with many buyers priced out of standalone houses.
Mid-range ($1.15 million – $2 million)
The $1.15–$2 million bracket remains one of the most active, with strong demand from upsizers, downsizes, and people relocating from the southern states. Well-positioned, renovated homes in this range are selling quickly, particularly those offering good land size, modern finishes, and proximity to amenities.
Many buyers in this range are stretching their budgets to secure a better-quality home, particularly given how competitive the lower price points have become. This is leading to longer search times, but those who remain patient are finding strong opportunities.
Upper market ($2 million – $5 million+)
At the $2 million – $5 million+ level, the market remains solid but more measured. Buyers are more selective, prioritising high-quality, move-in-ready homes in prime locations. While competition isn’t as fierce as in lower brackets, well-presented properties are still selling strongly when priced correctly.
Luxury buyers are also engaging more in off-market transactions, preferring to secure homes discreetly before they hit the open market. We’re finding this trend is growing, particularly for unique homes in premium locations where stock remains limited.
Looking ahead. 
With Brisbane’s fundamentals remaining strong, 2025 is expected to see continued demand across all price points, supported by population growth, tight supply, and infrastructure investment. The upcoming federal election may create some temporary caution, as elections tend to do, but with borrowing conditions stabilising, confidence is expected to remain high.
Off-market transactions are gaining traction across all segments, with many buyers recognising the value of securing a property before wider competition emerges. We’ve purchased two off-market properties in the past few weeks, with several others under review. As market conditions shift, knowing where the best opportunities lie at each price point will be key in the months ahead.
If you’re looking to navigate the property market in Brisbane, Templeton Property is here to assist you every step of the way. With expert knowledge and a personalised approach, our independent buyer’s agents help you make informed decisions and secure the best outcomes for your property purchase journey.
Ready to start your property buying journey? Contact Templeton Property today, and let us help you find the perfect home or investment in Brisbane. You can also explore our blog for valuable industry insights and expert tips.
We look forward to hearing from you.
Sam Price, Buyer’s Agent and Director
