Brisbane was the strongest property market in Australia in the year of 2021 exhibiting astonishing growth, with many suburbs experiencing around 30% house price growth.

Despite the intense rainy weather event at the end of February 2022, Brisbane residential property markets remained the fastest-growing capital city market throughout all of Australia in the month of February. It has been a whirlwind of a month.

The latest Hedonic Home Value Index data by CoreLogic, released on 1 March 2022 has confirmed that the median dwelling value in Brisbane increased by a further +1.8 per cent over the month of February which is slightly down from November 2021 high of 3.2 per cent, followed by 3.1 per cent price growth across December and 2.5 per cent in January 2022. The current median value for dwellings across Greater Brisbane is now $722,433, which is $15,893 higher than one month ago.

Annual growth for the last 12 months for Brisbane dwellings is now +29.7 %.


Buyer demand has remained strong throughout Brisbane during the first quarter of 2022. Competition for well-presented homes in good locations remains fierce, and the depth of buyers competing for quality family homes in blue-chip locations is very high. Most properties are selling by auction with multiple registered bidders.

Housing prices are projected to continue to increase to the end of 2022.