QLD Market Update

Delve into our most recent property insights to uncover the latest trends in Queensland.
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Queensland Market Update

Houses maintain a strong lead in Queensland’s property market last quarter

  • Houses have captured 61.80% of total purchases from July to September this year.
  • This strong result indicates sustained buyer preference in this property type as its market share has continued to grow throughout the year, going from 60.46% in Q1, to 60.96% in Q2.
  • In contrast, strata properties have experienced a consistent decline, falling from 28.13% in Q1 to 26.32% in Q2, and further to 24.50% in Q3, reflecting a downward trend in market share over the past three quarters.
  • Vacant land has seen further quarter-on-quarter growth, increasing from 12.72% in Q2 to 13.70% in Q3.

New star suburbs on the rise

  • Surfers Paradise continues to hold the top spot, reinforcing its strong appeal and the consistent demand for residential units within this popular location.
  • The Gold Coast has dominated the list, with five suburbs in the top 10, including a new entrant from last quarter – Mermaid Beach in #10.
  • The arrival of West End at #4 indicates growing interest in an eclectic inner-city suburb. It has a diverse profile, offering proximity to the Brisbane CBD, a thriving arts and cultural scene, and ample access to green spaces along the Brisbane River.
  • Only one Sunshine Coast location (Maroochydore) makes the list, but its climb from #9 to #6 highlights momentum in that market.
  • Broadbeach also made a notable leap up the rankings quarter-on-quarter, from #10 to #5.

Popular suburbs retain the interest of house buyers

  • Remaining at #1, Springfield Lakes continues to attract strong buyer interest when it comes to houses. The area has many drawcards to attract buyers, including it’s ideal commuter location to either Ipswich or Brisbane, modern developments and infrastructure, and a neighbourly community feel.
  • Many suburbs are recurring names within the Top10 this year, suggesting sustained buyer preference for established areas with proven demand and lifestyle appeal.
  • Buderim (#6), Upper Coomera (#9), and Redland Bay (#10) are new additions to the Top 10 compared to last quarter.
  • Redland Bay has made its first appearance this year. Located south-east of Brisbane, Redland Bay offers buyers the ability to invest in larger properties at a more affordable price point (relative to nearby locations). It also reinforces the trend of a lifestyle-driven migration that is occurring throughout south-east Queensland.

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Industry insights on buyer activity

Despite upward pressure on NSW property prices, the market shows resilience amidst short-term volatility. We’re seeing a clear quarter-on-quarter shift in buying patterns from houses to strata, especially for First Home Buyers who continue to dominate north-west Sydney.
Lee Bailie
Head of Property AU | InfoTrack
From Tarneit in VIC to Springfield Lakes in QLD, the top suburbs for house sales consistently draw buyers with their proven lifestyle appeal. Driven by new master-planned developments, infrastructure, and community amenities, these areas offer a strong value proposition for both families and long-term investors.
Sandra Falzon
General Manager, Marketing | InfoTrack