Brisbane: Infrastructure-Led Growth Poised to Outperform

Brisbane’s property market is shaping up for another strong year in 2026, driven by sustained population growth, infrastructure expansion and relative affordability compared with Australia’s larger capitals. Major projects set to complete through 2026 — including Cross River Rail’s new CBD stations, SEQ rail expansions, and Brisbane Airport’s Terminal 3 development — are reshaping connectivity and urban amenity across the region.

Demand continues to outpace supply, with CBRE forecasting a tightening vacancy rate that could push rents up significantly through the decade. Brisbane’s affordability relative to Sydney and Melbourne is also attracting interstate migration, underpinning strong buyer demand, particularly in Moreton Bay, Logan and Ipswich growth corridors. Median house price growth is forecast around 6–9% in 2026 as infrastructure unlocks new growth precincts.

Takeaway: Infrastructure expansion + affordability = sustained demand and above-average growth prospects in Brisbane for 2026.

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Melbourne: Recovery and Value-Driven Demand