06/08/2026
Brisbane property market update 6 August 2026.
Australia’s most profitable housing market revealed: Brisbane surges ahead of Sydney and Melbourne.
Australia has a new property profit king, and Brisbane is it.
New figures show Brisbane dethroned the country’s two traditional powerhouse markets after 99.5 per cent of all unit and house sales collected a profit over the past year, with median house gains specifically soaring 32.4 per cent to a record $629,056. Perth is close behind and gunning for the throne, topping the national list for the highest share of profit-making house sales, at 99.6 per cent.
Brisbane led the pack for both depth and breadth of profits.
“This demonstrates the powerhouse that has been Brisbane’s property market over the last two cycles,” chief residential economist Dr Nicola Powell says.
“It’s arguably the nation’s strongest resale market right now, and owners aren’t just making profits; they are making substantial profits."
“What we’ve started to see is that those cities that underperformed over the past few years are now playing out in profitability and it’s the hero cities that dominated – like Brisbane, Adelaide and Perth,” she says.
“They are really taking the crown for wealth creators."
The findings come hot on the heels of the Domain Forecast Report FY2027 – released in June – which tipped Brisbane, Adelaide and Perth property prices to rise by up to nine per cent over the coming year and Melbourne, Sydney and Canberra to fall by up to 8 per cent.
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