Brisbane City suburb profile
Brisbane City, the vibrant heart of Queensland's capital, is a bustling hub of commerce, culture, and entertainment. Nestled along the Brisbane River, it offers a dynamic urban lifestyle with a mix of modern skyscrapers and historic architecture. The city is renowned for its lively precincts, such as Queen Street Mall, offering premier shopping and dining experiences. Cultural landmarks like the Queensland Art Gallery and South Bank Parklands provide enriching experiences for residents and visitors alike. With excellent public transport, green spaces, and a thriving nightlife, Brisbane City is a sought-after destination for professionals and tourists.
Brisbane City property market performance
Current median dwelling price$969,000Past 3 months
Property growth+39.4%Past 12 months
Brisbane City's property market has experienced significant growth over the past 12 months, particularly in the housing sector. House values have surged by an impressive 82.9%, with the median house price now at $1.21 million. Unit values have also seen a substantial increase of 21.6%, bringing the median unit price to $720,000.
Sales activity has been robust, especially in the unit market, with 221 units sold compared to just 12 houses over the past 12 months. Houses are selling faster, with a median of 45 days on the market, while units take longer at 63 days, indicating a stronger demand for houses.
The rental market in Brisbane City has also seen notable changes, with house rents increasing by 9.9% and unit rents by 2.9% over the last 12 months. The average rent for houses is now $780, while units average $720, reflecting a healthy demand for rental properties.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $1.21M | $725K |
Change in value Past 12 months | 58.1% | 20.7% |
Sold Past 3 months | 13 | 170 |
Median days on market Past 12 months | 47 | 59 |
Average rent Past 12 months | $780 | $720 |
Change in rent Past 12 months | 4.0% | 2.9% |
5 year median price trend for houses and units
Brisbane City demographics
Brisbane City, the vibrant heart of Queensland's capital, is a bustling urban hub known for its dynamic lifestyle and cultural diversity. With a population of 12,587 and a median age of 31, the suburb is a magnet for young professionals and students who are drawn to its lively atmosphere and proximity to major business districts and educational institutions. The median total household income of $1,802 per week reflects the suburb's economic vitality and the opportunities available for its residents.
Housing in Brisbane City is predominantly rental-based, with 68.4% of properties being rented. This high rental rate underscores the suburb's appeal to those seeking flexible living arrangements, including students and professionals who value the convenience of city living. The suburb's household composition is diverse, with a significant proportion of couple families without children (67.4%), highlighting the preference for a cosmopolitan lifestyle among its residents.
The property ownership landscape in Brisbane City is balanced, with 15.8% of homes owned outright and another 15.8% owned with a mortgage. This mix of ownership types reflects both the stability of long-term residents and the influx of new buyers attracted to the area's vibrant urban environment. The presence of cultural landmarks, shopping precincts, and a thriving dining scene further enhances Brisbane City's appeal, making it a sought-after location for those seeking a blend of work, leisure, and lifestyle in the heart of Queensland.
Brisbane City infrastructure, key developments and investment opportunities
Brisbane City is experiencing a wave of major infrastructure and public space upgrades, including the ongoing Queen's Wharf development, significant enhancements to the Eagle Street Pier precinct, and the expansion of the City Botanic Gardens, all of which are likely to increase the suburb’s appeal for both residents and investors by modernising amenities and improving riverfront access. Public transport options have been further strengthened with improvements to the Cross River Rail project and upgrades at Roma Street Station and bus interchanges, improving connectivity and reducing travel times across the city.
Several education facilities, including Brisbane Grammar Schools and Petrie Terrace State School, remain in high demand and are complimented by enhanced community spaces and new recreational amenities, fostering broader buyer interest from families and professionals. Proximity to the South Bank cultural and health precinct as well as easy access to major employment hubs continue to drive demand. No significant recent changes to long-term council planning have been announced, but the ongoing property and transport developments are poised to underpin sustained demand and potential future capital growth in Brisbane City.
Brisbane City rental market trends
The rental market in Brisbane City has experienced moderate growth, with house rents increasing by 9.9% over the past year to $780 per week, while unit rents have seen a smaller rise of 2.9% to $720 per week. As a vibrant urban center with ongoing development and a strong rental demand, Brisbane City continues to attract both renters and investors seeking a dynamic lifestyle and solid returns.
Suburbs near Brisbane City
Some popular suburbs near Brisbane City include:
How does Brisbane City compare to nearby suburbs?
- Median house prices: Brisbane City’s median house price is 24.2% lower than East Brisbane’s.
- Median unit prices: Brisbane City’s median unit price is 20.8% higher than Fortitude Valley’s.
- House price growth: Over the past 12 months, house prices in Brisbane City have grown 61.2% higher than in South Brisbane.
- Unit price growth: Over the past 12 months, unit prices in Brisbane City have grown 14.4% higher than in South Brisbane.
- Selling speed for houses: Properties in Brisbane City are selling 14.5% faster than in East Brisbane.
- Selling speed for units: Properties in nearby South Brisbane are selling 6.8% faster than in Brisbane City.
- Investment considerations: In Brisbane City, the rental yield for house is 14.9% higher than the Brisbane average, while the rental yield for units is 16.7% higher.
- House price growth: Over the past 12 months, house prices in Brisbane City have grown 0.4% lower than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Brisbane City have grown 1.4% lower than the average rate of growth for units across Brisbane.

