What's Hot - or Not - in Brisbane's Property Market - 2025's First Quarter Musings

Are you, like many other property enthusiasts, taking a moment to reflect on Brisbane’s irst quarter of 2025 property scene, wondering what the next few months might bring?

Steady Growth Amidst 🌞Bursts of Sunshine
Aside from the bouts of wild rainstorms and the mixed havoc caused by TC Alfie, Brisbane's weather has been fairly summertime standard – think heat, humidity and those welcome blue skies that make for perfect house-hunting weather and enjoying downtime with family and friends.

Property Prices 📈Still on the Up 
Much like the iconic 70s TAA jingle, Brisbane’s property prices continue to go Up, Up and Away.

While other markets might still be facing a cool-down, Brisbane continues to move to the beat of its own drum even amidst the softening we experienced during the last half of 2024; which really just formed more of a long overdue adjustment to inflated pricepoints, leaving not much of a dent in its wake.

According to CoreLogic’s April 2025 data, Brisbane remains one of Australia's strongest capital city markets. The median price for residential is now averaging $899K– up 0.4% for the month and 11% for the year. Houses are achieving around $981k and units are sitting at approximately $694k, showing a healthy 13.9% annual growth.

A Market 🏡of Two Halves 
What’s particularly interesting is how the market continues to reflect a bit of a two-speed economy.

More affordable properties within the outer rings are seeing stronger growth, with prices in Brisbane’s bottom quartile now a staggering 30% higher than their 2022 peak. It’s a clear sign that the majority of buyers are seeking value and turning to more budget-friendly options.

The M&M of Property🧳Market Dynamics & Migration 👫
Brisbane’s charm isn’t just in the versatility of architectural triumphs such as post-war pretties, cute cottages, quaint Queenslanders or modern mansions. Generally good weather, a relaxed-approach lifestyle and relatively affordable housing are creating quite the allure – especially for overseas migrants.

We’re seeing a strong wave of people arriving from the UK, many drawn by the promise of a sunnier life, more professional opportunities and, let’s be honest, better coffee😉

If the proposed selection promises of the decorative duopoly🙄🥱 to ban foreign investors from buying existing homes for two years, is introduced, it would shake things up however, our growing population is maintaining demand which, in turn, helps support continued market resilience.

🏗️Future Forecasting🏅 The Olympics Effect 
Brisbane is gearing up for some exciting infrastructure developments with the 2032 Olympics just around the corner.

From major transport upgrades to new facilities, there's plenty to look forward to, with property demand likely to follow.

All eyes are on the Victoria Park Masterplan, with its proposed remastering into a multi-purpose sporting and entertainment precinct stirring heated debate and public criticism — especially in a suburb long regarded as a leafy, peaceful enclave.

Brisbane’s 🔥Hot Suburbs 🔥 January–April 2025🔥
🏡Chapel Hill      Kedron📍     🌿Wooloowin     Chermside🌇    💎 New Farm
🏘 Wavell Heights   Camp Hill🌳    🚉 Nundah     Carina 🛍     🌆 South Brisbane

Leading the pack, Chapel Hill has seen house prices jump by over 30% in the past year - with a median price now around $1.5M, this well-established green suburb is proving to be more than just a pretty face.

Kedron’s on a serious roll, with a 28% annual price rise and strong quarterly growth to match. Homes here are hitting around $1.35M and the suburb is quickly becoming one of the northside’s standout performers.

Always quietly desirable, Wooloowin has stepped into the spotlight with over 22% growth and a current median of $1.65 million. Close to the city, full of charm and clearly catching buyers’ attention.

With house prices up 20% over the year and now sitting at $900,000, Chermside’s mix of shopping, transport, and ongoing development has made it one to watch.

Still the jewel in Brisbane’s crown, New Farm continues to perform strongly, with prices climbing to an eye-watering $3.4M - it’s blue-chip through and through and the market knows it.  This suburb’s on the up, with house prices rising more than 17% and demand showing no signs of slowing - it's median has cracked $1.29M which is not bad for a once-sleepy pocket.

Camp Hill’s doing what Camp Hill does best: steady, strong growth with prices up more than 17%, the median now sits around $1.7M driven by family appeal and consistent buyer demand. 

Nundah’s quietly delivering, with annual growth over 16% and homes now around $1.225M and it’s got the transport links, village vibe and just enough mojo to keep buyers abuzz and circling.

Carina’s making moves, with house prices up 16% and still relatively affordable at around $1.075M - proving itself as no longer flying under the radar.

South Brisbane continues to hold its own, with homes reaching around $1.637M after a solid year of growth and demand for inner-city lifestyle and amenity keeping this suburb in the game.

Brisbane’s property market has been charging ahead in early 2025, and some suburbs have really stolen the spotlight. From leafy family favourites to quietly booming pockets, here’s a look at the areas where the market heat has been impossible to ignore.

If you’ve been waiting for Brisbane’s market to “cool down”, you might be waiting a while. These suburbs are red-hot — and buyers are taking notice.

Brisbane’s 🤷❔Not-So-Hot Suburbs❔🤷  January–April 2025
    Inala🌾   🚧 Rocklea     🏘 Moorooka   Goodna🌿  
📉 Indooroopilly (units)    Kangaroo Point🌉      🏙 West End 

While plenty of Brisbane suburbs are soaring, others are having a slower start to 2025. Whether it’s due to affordability ceilings, oversupply or just buyer fatigue, here are a few areas that haven’t been quite so hot this year.

West End  is still a cultural gem, but the property market’s been a bit sluggish. Prices have softened in some pockets, especially for units and competition hasn’t been as fierce as in years past. If you have active little ones, check out Oriel Park for a gorgeous picnic space!

Growth in Inala has stalled a little with buyers possibly looking further afield or favouring suburbs with newer developments however, as one of Brisbane’s more affordable areas with a median value at around $730k, it’s somewhat sadly not seeing the same level of heat as other areas. 

(I have a vacant 635sqm block coming soon to the market, situated in a very good street - reach out, if interested).

Rocklea  is a suburb continuing to face challenges - most particularly around flood risk. With limited price growth it's struggling to attract the same kind of attention as neighbouring areas.

Despite its stunning location, parts of Kangaroo Point (especially the unit market) have felt flat - to my mind, oversupply and cautious investors may be contributing to this slowdown.

Moorooka is not a bad place to live by any means but the price growth has been minimal so far this year with the market just not moving much, particularly on older stock.

Goodna  remains affordable and family-oriented, but not currently seeing much price action with sales momentum dipping in early 2025.  The potential is here though as interpreting the statistics could equate less sales activity with a buy-and-hold mindset for owner-occupiers and investors alike.

The housing market for Indooroopilly is holding up, but units are a different story with prices softening, higher vacancy rates and more listings keeping things flat.

Whilst these suburbs might not be booming, nor are they without potential. For buyers looking to snag a deal or think long-term, there's value here — especially as attention turns away from the usual hotspots.
              

📜The Wrap-Up 🤝
So whether you're thinking about buying, selling or just keeping an eye on the market, Brisbane's property scene in early 2025 has been vibrant and hold promise of continued potential.

Most buyers aren’t overly worried about whether the RBA will hold off on a cash rate cut in May, nor are they being swayed too much by fluffy pre-selection promises of tax-deductible interest, 5% deposits or access to superannuation to buy property.

There’s still plenty of energy and confidence in the air – even moreso when it’s paired with a long black, flat white or chai latte and a walk through one of Brisbane’s buzzing open homes.

Happy Easter break wishes to you all ..  may your property pursuits be as fruitful as a bunny hopping after a hot cross bun!

Are you thinking of making a move?  Healthy discussion is great for flow, so keep the chat on the go with your thoughts or what you may know 🫶✨