Brisbane downturn gathers pace as buyers retreat
Brisbane property prices fell again in August as higher listings, longer selling times and weaker buyer confidence point to a market that has lost momentum after years of strong growth.
Units have been a little more resilient than houses in Brisbane but declines are now being recorded across all market segments. (Image source: Mark Heider/Shutterstock.com)
Brisbane’s property market weakened further through August 2026, confirming that the slowdown which emerged after the May Federal Budget has become a broader and more established downturn.
Cotality recorded a 1.0 per cent fall in Brisbane dwelling values over the month, following the 0.6 per cent decline in July. Values now sit 2.7 per cent below the May peak, although they remain 2.8 per cent higher since the start of 2026 and 10.8 per cent hig…
