---
title: Brisbane Market Review & Breakdown
description: Brisbane Market Review & Breakdown
---

[Research ](https://www.placeprojects.com.au/research)

# [Brisbane Market Review & Breakdown](https://www.placeprojects.com.au/research/brisbane-market-review-breakdown)

 Written by [Place Advisory](https://www.placeprojects.com.au/research/author/place-advisory) | 5/10/22 10:00 PM

Brisbane’s overall apartment market, including resales, saw 13.2% price growth to a median price of $505,000 in the year to June  
2022. This was achieved with a decrease in listing activity in the last 6 months and sales volume that has consequently fallen 31%  
below the 5-year average.

Place Advisory has analysed just two inner ring suburbs with sales volume in the last 6 months that surpassed their average number of sales in the past five years. Further, Wilston and Kelvin Grove recorded sales of 18% and 1% above their five-year averages, respectively.

Suburbs that trailed include Spring Hill, Fortitude Valley, and Red Hill, with volume in these suburbs not falling below 10%.

During the year to June 2022, Brisbane’s LGA house prices increased by 36.3% to a median of $1,080,000. There was nonetheless a decrease in volume in the last 6 months, with 5,502 sales. This reflects a 23% drop from the 5-year average sales  
volume of 7,134 and is consequent of the persistently low number of listings over recent months.

The median apartment rent in Brisbane is now $448 per week after increasing by 14.70% in the year to June 2022. The median  
rent for houses on the other hand is now $620 per week, a 20.20% increase during the same period. Vacancy rates are sitting at  
approximately 0.6%, the lowest figure in over 15 years and further validates the significant demand in Brisbane’s rental market.

 

 

### [CLICK HERE TO READ MORE ABOUT THE spring 2022 QUARTER](https://www.placeprojects.com.au/hubfs/PlaceProjects/Research%20Reports/Apartment%20Report%20Issue%2020%20Spring%202022/Apartment%20-%20No%2020%20-%20Spring%2022.pdf)

[View full post](https://www.placeprojects.com.au/research/brisbane-market-review-breakdown)

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