We’re pleased to be back sharing practical property advice, local market insights, and helpful updates for our buyers, sellers, investors, and tenants.
Queensland’s property market remained resilient throughout the first quarter of 2026. Although interest rates increased twice during the quarter, buyer demand has continued. The main reason is that available property stock remains limited, which has helped keep prices supported across many parts of the state.
One of the key themes this quarter has been low property listing numbers. Although some sales stock returned after summer, available homes remain limited by normal standards. That shortage has continued to support prices, especially locally, where conditions have remained stronger than in some southern markets. Brisbane recorded the strongest monthly capital city growth in March according to PropTrack, while broader market feedback has continued to point to supply pressures across Queensland.
We have also seen strong enquiry from first home buyers. Government support is clearly helping this segment remain active, including Queensland’s $30,000 First Home Owner Grant for eligible new homes until 30 June 2026, transfer duty concessions, and the expanded federal 5% deposit scheme. These measures are helping more buyers enter the market sooner, particularly in the lower to mid-price ranges.
At the same time, high construction costs continue to affect supply. ABS data showed Queensland house construction prices rose 2.0% in the December 2025 quarter, and Master Builders Queensland has warned that rising material and project costs are continuing to place pressure on housing delivery. When building remains expensive, new supply is slower to come through, which places added pricing pressure on established homes.
Looking ahead, there is growing discussion around possible changes to capital gains tax and negative gearing ahead of Federal Budget night on 12 May 2026. Nothing has been confirmed at this stage, but the discussion alone may influence investor sentiment in the months ahead.
For sellers, preparing your property for the sales campaign remains critical. When buyers arrive, you want them to think, “This looks nice”. We can assist by connecting you with trusted local tradespeople, home staging support, and relocation assistance for seniors and families when that time arrives. In a market where presentation still matters, the right guidance can make a real difference.
Sources: Cotality, PropTrack, Australian Bureau of Statistics, Master Builders Queensland