15/07/2026
Brisbane property market update 16 July 2026.
Despite a cascade of major economic developments, home values in most suburbs are still higher than this time last year.
The latest PropTrack data shows that prices in most Australian suburbs have kept growing over the past 12 months, even amid mounting property market headwinds.
Since this time last year, interest rates were cut once and then raised three times, see-sawing buyers’ borrowing power and rattling market sentiment.
A global energy crisis and resurging inflation have also provided an unsettling backdrop for buyers and sellers navigating a property market in flux.
But the biggest change that rocked the market came in the form of the abolition of negative gearing for established homes and the reduction to the capital gains tax discount announced in the budget in May.
The reforms dented demand from investors, whose participation in the property market had surged to record levels over the past few years, helping to push prices to record highs across the country.
However, despite prices pulling back from those elevated levels in many markets, data tracking changes in property values shows prices are still higher than a year ago in most suburbs.
PropTrack data shows house prices rose in 85% of Australian suburbs in the past 12 months, while unit prices rose in 90% of suburbs.
The sharpest unit price increases were mostly in traditionally affordable, outer areas of the capitals, particularly in Brisbane’s south where prices soared in suburbs such as Beenleigh and Slacks Creek.
Many suburbs with very high enquiry levels were relatively affordable, including the southern Brisbane suburb of Rochedale South.
This latest insight highlights the strength and resilience of the Brisbane property market. For a free no obligation appraisal on your property, contact Nathan today.
