As we reach the midpoint of 2026, Queensland’s property market continues to be one of the strongest performing in Australia — and for those watching closely, the indicators paint a detailed picture of where the market is heading.
Queensland led the country for dwelling value growth over the past year, with values rising approximately 9.59% and median house prices now sitting around $908,772 statewide. The Gold Coast and Sunshine Coast continue to record among the strongest price growth of any regional markets nationally, with analysts projecting potential double-digit growth for these areas through 2026.
Brisbane’s median days on market remains at just 22 days — one of the fastest-moving markets in the country. This speed of sale reflects genuine buyer demand, not speculative activity, and is underpinned by population growth, relative affordability compared to Sydney, and the long-term uplift anticipated from the 2032 Olympic Games and its associated infrastructure investment.
The rental market remains under significant pressure, with statewide vacancy rates at 1.0% — less than half of what is considered healthy for sustainable housing mobility. Rents have risen approximately 8.33% over the past year, outpacing the national average. For investors, this translates into strong yields and high occupancy; for renters, it means continued competition for available properties.
One factor to watch is the potential impact of the Federal Government’s proposed changes to negative gearing and capital gains tax settings. While not yet legislated, any material change to investor incentives could influence supply dynamics — particularly the construction of new rental stock — in the medium term.
Staying informed in a fast-moving market is one of the best things you can do for your property goals. Contact Sapphire Estate Agents Queensland today and let our team help you make confident, well-informed decisions in Queensland’s property market.


