This took annual growth to a whopping 14.5 per cent, according to Cotality data.
In comparison Sydney and Melbourne saw prices dip 0.1 per cent lower in December, with annual growth of around 5 per cent.
Cotality Research Director Tim Lawless told the ABC it was a great time for property owners, but becoming more difficult for those who were trying to get into the market.
“If you own a home, that’s great news. But if you don’t, it’s probably becoming increasingly frustrating, how fast values are rising and how much it costs to get your foot in the door,” Mr Lawless said.
“Brisbane has gone from being a market that’s around the middle-to-lower end of the pack for affordability, to one that’s now getting pretty close to one of the most unaffordable markets,” Mr Lawless said.
“And the annual growth rate for Brisbane, at 14.5 per cent, implies the market is up about $131,000 over the year.”
The new year is set to bring continued strong growth for Brisbane with realestate.com.au predicting another 7 to 10 per cent increase in property values in 2026.
That’s a slower pace than 2025 but still a massive jump in prices.
For those trying to get into the market, it’s important to research any government support you may be eligible for, including the Australian Government 5% Deposit Scheme, which reduces the deposit hurdle without the penalty of paying lenders’ mortgage insurance.
Start your plan towards home ownership this year by talking to an independent mortgage broker and getting local real estate agents on your team.
Making plans for 2026? View our current listings for sale or contact us for a chat about anything real estate.
