Strong Momentum in Brisbane — Sunshine Coast Remains Tightly Held
By Leigh Martinuzzi | Martinuzzi Property Group – eXp Australia
Across the past two weeks, confidence has returned to Queensland’s property market. Across South-East Queensland, buyers are active, sellers are motivated, and listings remain tight. Brisbane continues to lead the national market, while the Sunshine Coast is holding steady with strong demand and limited supply.
Brisbane Property Market Confidence Returns
Michael Yardney’s latest report, using SQM Research and Cotality data, shows how strong this momentum has become. Brisbane’s median house price now sits at $1,298,898, up 1.4% in the past month and 10% higher than a year ago.
Units have jumped even further, now at $781,356, up 2.5% month-on-month and 17.9% over the year. The combined median for houses and units has reached $1,168,547, marking a 1.6% rise in the month and 11.2% annual growth.
Auction markets are also showing renewed strength. Over 2,600 homes went under the hammer nationally last week, recording a 73% clearance rate. These figures confirm that buyer confidence has returned and that demand is widespread across all price brackets.
Listings Tighten Across Queensland
The biggest story this month is not price growth… it’s supply. Total listings have fallen 13.8% year-on-year in Brisbane and 12.9% in regional Queensland, which includes the Sunshine Coast.
Since winter began, listing levels have dropped even further. They were already 14% below the five-year average, but they now sit 20.2% below average. This means properties are selling faster than new ones are coming on to the market.
“Simply put, demand is running well ahead of supply, and it’s driving quick sales and stronger prices.”
Here on the Sunshine Coast, that story is clear to see. The latest PropTrack Listings Report confirms that total stock remains well down compared to last year.
“New listings have risen slightly, but they’re being absorbed just as fast. Homes are selling more quickly than at this time last year, and those that are well presented continue to attract multiple buyers.”
Sunshine Coast Real Estate Trends
Our local market is mirroring Brisbane’s momentum. Turnkey homes, modern apartments, and properties close to lifestyle amenities are seeing the most activity. Buyers are quick to act when they find value, while homes that need significant work are staying on the market longer.
- For sellers, this is one of the best conditions we’ve seen in years. A well-priced and well-presented property stands out immediately. Time on market has shortened compared to 2024, and competition between buyers is firm.
- For buyers, readiness and speed matter. Being pre-approved, confident in your price range, and decisive on the day can make all the difference.
- For investors, rising rents and limited vacancy continue to support the case for long-term growth. However, it’s important to buy carefully and with clear yield expectations, especially now that prices have climbed.
Comparing Brisbane Property Market and Sunshine Coast Prices
Brisbane has become the clear leader among capital cities. With house prices now near $1.3 million, it’s attracting strong migration and consistent investor attention. The Sunshine Coast remains close behind, with similar supply shortages and lifestyle appeal, though at a slightly higher price point.
“The difference lies in buyer expectation.”
In Brisbane, buyers are stretching their budgets for proximity and convenience. Here on the Sunshine Coast, buyers expect premium presentation and lifestyle features and are willing to pay for them. Poorly presented homes are missing the mark, while turnkey coastal and hinterland properties are achieving excellent results.
What to Watch Next?
Interest rate forecasts remain mixed. Most major banks expect one more rate cut this cycle, while Westpac continues to forecast three, though even they note that November is far from guaranteed.
That means the price growth we’re seeing now isn’t built on speculation. It’s driven by genuine demand and a shortage of homes. Locally, we’ll continue watching for new land releases, zoning changes, and infrastructure projects. These are the only real ways to increase housing supply over time.
My Final Take
“Brisbane’s surge is undeniable, and the Sunshine Coast continues to share in that momentum.”
Demand is strong, listings are tight, and prices are holding firm. If you’re selling, this remains an ideal time to capture strong buyer interest. If you’re buying, preparation and speed are key. The best homes aren’t staying on the market for long.
If you’d like help navigating the market whether you’re buying, selling, or just planning ahead, feel free to reach out.
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