Queensland’s property market gained traction in H2 2024.
Brisbane’s office sector recorded $1.07B in sales as yields stabilised and leasing momentum improved. Industrial transactions picked up to $1.7B with rents lifting 11.7% and signs the yield cycle is bottoming out. Retail saw $1.76B in deals, led by stronger private and institutional interest.
Residential remained undersupplied, with unit values up 20.5% and the vacancy rate tightening to 0.8%, and Healthcare investment eased, despite private capital remaining active. Hotel occupancy improved to 69.1%, with ADR growth and growing interest tied to the 2032 Summer Olympic Games. Across all sectors, the February rate cut is expected to support increased activity across the market in 2025.
Our experts across valuation sectors share their analysis and insights in our latest Queensland Market Snapshot covering the second half of 2024, as well as what to look out for in 2025, across Health, Aged Care and Seniors Living, Hotels & Leisure, Industrial, Office, Residential Development, Retail and Self-Storage.
Click the link below to read the full Snapshot.
QLD Market Snapshot – April 2025
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