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Brisbane market cools as buyers hit pause after multiple shocks

Brisbane home values are still rising faster than most capital cities, but higher interest rates, investor uncertainty and shifting buyer sentiment are creating a more selective and complex market.

Brisbane city skyline against a reflective, calm river.
Brisbane property buyers are in a more reflective mood in the wake of significant housing and investment policy changes. (Image source: David Crocombe/Shutterstock.com)

Brisbane’s property market continued to record solid value growth through May 2026, but the landscape has shifted noticeably since the start of the year.

Growth is moderating, buyer sentiment has softened in the wake of the Federal Budget, and the Reserve Bank’s decision to lift the cash rate by a further 25 basis points in May has amplified an already cautious mood.

Against this backdrop, Brisbane remains one of Australia’s strongest-performin…

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