Best suburbs to invest in Brisbane 2025

Thinking of buying an investment property in Brisbane?

Then you will want data-driven insights and expert insights about how the Brisbane property market performed in 2024, and how it is predicted to perform in 2025. Read this article for an overview of market performance over the past year, and what the year ahead could hold for this market.

It’s also worth remembering that there is no single ‘Brisbane property market’, and that property types and postcodes behave differently. So even if prices are falling or rising at a national level, not all local properties and markets will reflect this. 

That means there are still opportunities to be found, you just need to know where to look in Brisbane!

Helpful resource: Get a suburb profile for any suburb in Australia

What did the Brisbane property market look like in 2024?

Brisbane’s property market was one of the standout performers in 2024, with home values rising +11.2 per cent over the year, according to CoreLogic’s January 2025 HVI report. This growth pushed the city’s median home value to $890,746, making Brisbane the second most expensive capital city in Australia, overtaking Melbourne.

Since the onset of the pandemic in 2020, Brisbane’s property prices have soared by +67.7 per cent, driven by strong demand from overseas and interstate migration. The city’s balance of lifestyle appeal and relative affordability compared to Sydney has made it an attractive option for buyers seeking a more relaxed yet vibrant urban environment.

While 2024 was a remarkable year for Brisbane’s property market, the pace of growth began to ease in the second half of the year, following national trends. This slowdown was largely attributed to affordability pressures, with higher interest rates making it increasingly difficult for some buyers to enter the market. Despite these challenges, Brisbane’s property values remain at record highs, underscoring its ongoing popularity and resilience.

Brisbane property market forecast and house price expectations 2025

Brisbane’s property market is set to remain resilient in 2025, though the pace of growth is expected to moderate compared to the stellar gains of 2024. 

Westpac predicts a +3 per cent rise in home values, noting that while momentum is easing, supply remains tight. They also highlight that affordability pressures are pushing buyers toward more affordable properties, with “bottom tier” homes leading the gains.

NAB offers a slightly more optimistic view, forecasting a +5 per cent increase in Brisbane property prices for 2025. 

Meanwhile, SQM Research presents a bullish outlook, predicting growth between +9 and +14 per cent under their base case scenario. In his Boom and Bust Report 2025, SQM’s managing director Louis Christopher pointed to a 21 per cent drop in total listings and a decline in older listings as positive leading indicators. Christopher noted that a mid-year interest rate cut, combined with continued population growth, could drive another strong year for Brisbane housing prices.

Metropol Property Strategists founder Michael Yardney echoed these sentiments, citing constrained housing supply due to a slowdown in construction as a factor concentrating demand on existing homes. Yardney anticipates a “year of two halves” for Brisbane, with a slower first half followed by a resurgence in buyer and seller confidence once interest rates fall. Despite affordability pressures, Brisbane is expected to remain a key growth market in 2025.

How is the Brisbane apartment market performing?

Brisbane’s apartment market significantly outperformed houses in 2024, with CoreLogic data showing annual growth of +16.6 per cent for units compared to +10.2 per cent for houses. This trend highlights the increasing competition for more affordable housing options, as rising interest rates and sharply increasing property prices pushed buyers toward units.

Michael Yardney recommends investors focus on boutique “family-friendly” apartments in well-located suburbs rather than high-rise units in large complexes. These smaller complexes, typically with 4 to 20 units, cater to renters and owner-occupiers seeking the convenience of apartment living without the congestion of larger developments. Yardney suggests 2-bedroom apartments with spacious layouts, high-quality finishes, and desirable amenities such as balconies, secure parking, and proximity to cafes, restaurants, and public transport.

Trendy riverside suburbs like New Farm and Teneriffe remain hot spots, offering high rental demand and strong capital growth potential due to their lifestyle-driven appeal, proximity to the CBD, and access to high-end dining and recreational facilities. Meanwhile, West End and Highgate Hill attract buyers and renters with their vibrant, eclectic urban vibe, cultural attractions, and entertainment options. The northern inner-city suburbs of Albion and Wooloowin are rapidly gentrifying, with boutique apartments providing an affordable entry point and promising long-term growth prospects, supported by infrastructure upgrades and new developments.

What are the best suburbs to invest in Brisbane for 2025?

Here are ten of the most hotly tipped Brisbane suburbs for investment in 2025 as selected by some of the country's top property experts.

Springwood, QLD 4127

With a median house price of $940,944 (+14.7% annual growth) and unit price of $503,500 (+21.3% annual growth), Springwood is a south-west Brisbane suburb undergoing a generational shift as young families and professionals replace Baby Boomers. Offering convenience, diverse housing options, and attractions like a 36ha conservation park home to koalas and swamp wallabies, Springwood’s popularity is expected to endure (The McGrath Report 2025).

Forest Lake, QLD 4078

Forest Lake, Brisbane’s first master-planned community, boasts a median house price of $825,000 (+12.2%) and unit price of $510,000 (+21.7% annual growth). Known for its picturesque man-made lake and affordability compared to the inner city, the suburb is gaining recognition for its family-friendly appeal and value-for-money housing options (The McGrath Report 2025).

North Ipswich, QLD 4305

North Ipswich has seen extraordinary growth with a median house price of $639,000 (+31.8% annual growth), driven by Olympic-linked infrastructure projects like the $30 million North Ipswich Sport and Entertainment Precinct. Located on the Bremer River, the historic suburb is a hotspot for buyers seeking charming Queenslanders at an affordable price (The McGrath Report 2025).

Keperra, QLD 4054

Keperra’s median house price of $950,000 (+15.2% annual growth) reflects its appeal as a well-connected north-west Brisbane suburb with amenities like a championship golf course, schools, and a TAFE campus. Offering post-war homes alongside newer developments, the suburb caters to a range of buyers and lifestyles (Smart Property Investment’s Fast 50).

Tarragindi, QLD 4121

Tarragindi, a leafy southern suburb with a median house price of $1,375,000 (+11.8% annual growth), combines tranquil residential streets with easy access to the CBD just nine kilometres away. Renowned for its parks, schools, and community charm, it’s a top pick for families and professionals alike (Smart Property Investment’s Fast 50).

Leichhardt, QLD 4305

With a median house price of $563,000 (+25.1% annual growth), Leichhardt offers affordable housing, local parks, and a practical location near Wulkuraka Station. Its growing community, combined with proximity to Ipswich’s CBD, makes it a prime option for first-home buyers and investors (Smart Property Investment’s Fast 50).

Banyo, QLD 4014

Banyo’s median house price of $940,000 (+6.2% annual growth) and unit price of $650,000 (+46.1% annual growth) reflect its growing appeal as a budget-friendly option near Brisbane Airport and just 11 kilometres from the CBD. With strong transport links, ongoing gentrification, and easy access to major motorways, Banyo is increasingly popular among homebuyers (REA’s Hot 100 Suburbs to Watch 2025).

Clayfield, QLD 4011

Clayfield, an affluent inner-north Brisbane suburb with a median house price of $1,835,000 (+11.2% annual growth), combines luxury living, prestigious schools, and lush parks just seven kilometres from the CBD. Known for its strong family appeal, the suburb has delivered exceptional house and unit price growth over the past year (REA’s Hot 100 Suburbs).

Geebung, QLD 4034

Geebung, with a median house price of $1,025,750 (+17.2% annual growth), is undergoing rapid gentrification as families and professionals move in, attracted by its laid-back vibe and affordability compared to neighbouring suburbs. Close to Westfield Chermside and well-connected by train, it’s a low-density haven with strong growth potential (REA’s Hot 100 Suburbs).

Woolloongabba, QLD 4102

Woolloongabba, with a median house price of $1,322,500 (+9.1% annual growth) and unit price of $621,250 (+7.1% annual growth), is set for continued growth thanks to major urban development and infrastructure projects ahead of the 2032 Olympics. Proximity to the CBD and excellent public transport make it a hotspot for professionals and students (Star Investment's Best Places to Buy Investment Property in Australia for 2025).