The Residential Property Market: what will Brisbane real estate do in 2025?

As we near the end of 2024, Brisbane real estate remains a dynamic and exciting space for both homebuyers and investors. With over 21 years of experience in helping individuals and families navigate this market, I can confidently say that the Brisbane property scene is evolving, presenting both challenges and opportunities. Whether you’re considering buying your first home, upgrading to a more luxurious property, or making your next investment, understanding the trends and key drivers of the market is essential.

In this article, we’ll explore what you can expect from the Brisbane real estate market in 2025, focusing on the key factors influencing the market, the most desirable suburbs, and how you can take advantage of the current conditions to secure high-quality properties at the best prices.

1. Brisbane’s Market Overview: Stability with Growth Potential

Brisbane has long been known for its relatively stable residential property market, especially when compared to Sydney and Melbourne. In 2024, the city continued to offer attractive opportunities for both homeowners and investors. Several factors contribute to the ongoing strength and resilience of the Brisbane property market:

– Population Growth: Brisbane is experiencing strong population growth, driven by interstate migration, particularly from southern states like New South Wales and Victoria. The city’s liveability, affordable housing (compared to Sydney), and thriving job market are major drawcards for people seeking a new lifestyle and fresh opportunities.

– Infrastructure Development: Brisbane is undergoing significant infrastructure upgrades, with projects like the Cross River Rail, Brisbane Metro, and new housing developments in previously underdeveloped areas. These investments are expected to enhance connectivity, improve urban mobility, and make certain suburbs even more attractive to potential buyers and renters.

– Economic Resilience: Despite the challenges posed by global and domestic economic factors, Brisbane’s economy has shown resilience, particularly in sectors such as construction, healthcare, education, and technology. This economic stability contributes to the continued strength of the property market.

– Interest Rates and Affordability: While the Reserve Bank of Australia (RBA) has made several interest rate hikes in recent years to curb inflation, the overall cost of borrowing remains manageable in the context of historical rates. For homebuyers, this is still an important consideration when planning a property purchase. For investors, the continued low-interest-rate environment provides opportunities to grow portfolios with relatively low financing costs.

2. Where to buy in Brisbane

With Brisbane’s diverse array of neighbourhoods and property types, choosing the right suburb is key. 2025 will see certain areas rise to prominence due to their unique characteristics, investment potential, and lifestyle offerings. Here are a few hotspots to keep an eye on:

– South Brisbane ($2m plus luxury apartments): As Brisbane’s cultural and entertainment hub, South Brisbane continues to thrive with its proximity to major attractions such as the Queensland Performing Arts Centre, South Bank Parklands, and the State Library. The influx of high-end apartment developments in the area, combined with the proximity to the CBD and public transport links, makes it an ideal choice for those looking for city living.

– Paddington ($2m plus homes): Known for its charming Queenslander homes, boutique shopping, and trendy cafes, Paddington is a highly sought-after suburb. Its mix of old-world charm and modern amenities, combined with its proximity to the CBD, makes it a popular choice for young professionals and families alike.

– Wavell Heights ($1.2m plus homes): For those looking for family-friendly suburbs with access to green spaces and amenities, Wavell Heights stands out. The Westfield Chermside shopping centre, one of the largest in Australia, offers a range of services and retail options, while parks and schools ensure its appeal to families.

– Norman Park ($1.5m plus homes): This inner-city suburb is gaining popularity for its blend of character homes and proximity to the Brisbane River. Its location on the city fringe makes it attractive for those seeking a quieter, more suburban feel while still being close to the heart of the city.

– Mitchelton / Keppera ($950K plus homes): paroximately 10km to the CBD, entry level 3 bedroom homes can still be purchased for under $1m. These low density suburbs, serviced by the train line offer a good mix of family friendly attributes, leafy streets and plenty of cafes.

3. What to Look for in a Quality Property

Whether you’re purchasing your first home or looking for an investment property, quality is a crucial factor. As an experienced buyer’s agent, our goal is always to help clients secure high-quality properties that will stand the test of time and deliver value.

Here are key aspects to look for when buying property in Brisbane in 2025:

– Location: The location of a property will always be one of the most significant factors. Look for areas that are well-serviced by public transport, have access to amenities (shopping centres, schools, parks), and are in proximity to key infrastructure developments. Proximity to the city, river, or desirable natural features (like an elevated position) is always a bonus.

– Property Condition: Quality homes and investment properties should not only be in a great location but also well-maintained. When buying a property, ensure that you assess its condition, including the age of the building, structure, roof, plumbing, and electrical systems. A thorough building and pest inspection is essential to avoid any hidden surprises after purchase.

– Growth Potential: Whether buying for investment or as a home, assess the potential for the property’s value to increase over time. Look at factors like surrounding development, historical price trends, and rental demand. High-quality investment properties in areas undergoing gentrification or experiencing new infrastructure development are likely to deliver strong returns.

– Land Size and Layou*: For family homes, a property with a larger block of land can provide more long-term value, especially if it offers room for future extensions or renovations. For investment properties, a solid layout that appeals to renters will help ensure consistent demand.

4. Tips for Buying in 2025

Finally, here are some tips to ensure you make the right purchase in Brisbane real estate market:

– Do Your Research: Take time to research suburbs, property values, and future developments. Understand the local market dynamics before making any decisions.

– Work with Experts: Engaging an experienced buyer’s agent with local knowledge can significantly reduce the stress of the process. A buyer’s agent can help you navigate the market, secure the best deals, and negotiate prices.

– Be Patient: With increased demand for quality properties, there may be competition. Don’t rush the process; take your time to find the right property that suits your needs and budget. But be prepared to act quickly when a good opportunity arises.

The Brisbane residential property market in 2025 presents a wealth of opportunities for homebuyers and investors alike. With a mix of stable growth, key infrastructure projects, and an increasing population, now is a great time to make a move. By focusing on quality properties in up-and-coming suburbs, doing thorough research, and working with experts, you can secure a property that will deliver value for years to come.

If you’re ready to take the next step, reach out today to start the process. With our experience and expertise, we will help you navigate Brisbane’s market and find a high-quality property that meets your needs and goals.

 

Why Property Pursuit?

At Property Pursuit, we specialize in guiding prestige home buyers and investors through the Brisbane property market with confidence. Whether you’re purchasing from out of town or simply want expert guidance, we’re here to make the process as smooth and rewarding as possible.

Ready to find your ideal property? Let’s talk.

Click Here to find out more about how our experienced Brisbane Buyers Agents can help you.  Or call us or send an email to receive more information.

	[email protected]
	1300 726604 or +61 7 3177 3399

Like our FaceBook page and subscribe to our newsletter to keep up with the latest information about the Brisbane real estate market.

To talk about your own plans, contact one of our passionate Property Pursuit Advisors & Buyers’ Agents.