Brisbane Surpasses Sydney as Australia's Most Expensive Apartment Market

Brisbane has overtaken Sydney as the least affordable apartment market in Australia.

JLL's latest research shows Brisbane's median apartment price hit $750K - now 5x average household income - after 16.5% annual growth to December 2025. Vacancy sits at just 0.8%, and rents are forecast to climb another 6.5% in 2026.

Supply is rising, but feasibility and construction costs mean delivery can't keep pace with demand.

🔗 Full story:
#Brisbane #Apartments #HousingAffordability #PropertyMarket #RealEstate