Brisbane, Australia
Property prices · 2024 · Oceania
Property price trend in Brisbane (2024–2026)
Property comparison — cities in Australia (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Brisbane |
|---|---|---|---|---|
| Brisbane | AUD 9,800 | AUD 6,500 | AUD 1,800 | — |
| Sydney | AUD 18,500 | AUD 11,500 | AUD 2,800 | +88.8% |
| Melbourne | AUD 14,500 | AUD 9,200 | AUD 2,200 | +48% |
| Canberra | AUD 11,000 | AUD 7,200 | AUD 2,200 | +12.2% |
| Gold Coast | AUD 10,200 | AUD 6,700 | AUD 2,100 | +4.1% |
| Adelaide | AUD 8,500 | AUD 5,600 | AUD 1,900 | -13.3% |
| Perth | AUD 7,800 | AUD 5,200 | AUD 1,600 | -20.4% |
Other Oceania cities (2024)
Frequently asked questions
How much does property cost in Brisbane in 2024?
In Brisbane, the average price per sqm in the city centre is AUD 9,800, and AUD 6,500 outside the centre (2024 data). Prices have risen 7% since 2024.
How much is rent in Brisbane in 2024?
A 1-bedroom apartment in Brisbane rents for approximately AUD 1,800 per month in 2024. A 3-bedroom apartment costs around AUD 3,500/month.
Is it better to buy or rent in Brisbane?
Buying and renting are roughly comparable in Brisbane. The price-to-rent ratio is 20.0x — it would take approximately 20.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 6.20%.
What are mortgage rates in Australia in 2024?
The average mortgage rate in Australia is approximately 6.20% as of 2024. With a price-to-rent ratio of 20.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Brisbane?
The average property price per square metre in Brisbane city centre is AUD 9,800 in 2024. Outside the centre, expect to pay around AUD 6,500/sqm.