News
19 August, 2025
Moreton Bay records nation-leading growth
HOUSE prices in Queensland’s Moreton Bay region have recorded some of the strongest growth in the country, with new figures showing double-digit increases across Caboolture, Redcliffe, Narangba and Burpengary.
Cotality’s latest Home Value Index shows Caboolture Hinterland values rising 10.0 per cent in the year to July, with a median of $888,571. Redcliffe posted a 10.2 per cent increase to $903,286, while Narangba–Burpengary lifted 9.7 per cent to $975,019.
These results put Moreton Bay among the fastest-growing markets nationwide, well ahead of the national 12-month gain of 3.7 per cent.
Nationally, dwelling values rose 0.6 per cent in July, the sixth consecutive month of growth. Every capital city recorded an increase, though the largest gains were outside the southern capitals. Brisbane rose 7.3 per cent annually, while regional Queensland markets lifted 8.4 per cent, continuing to outperform New South Wales and Victoria.
“At the national level, the pace of growth in housing values is no longer accelerating,” said Cotality’s research director, Tim Lawless.
“Rather, we have seen growth rates holding a little above half a percent from month to month since May as the opposing influence of low supply, falling interest rates and rising confidence run up against affordability constraints and lingering uncertainty.”
Mr Lawless pointed to Darwin’s resurgence as an example of smaller capitals driving growth.
The imbalance between demand and supply has been central to the ongoing price rises.
“The positive trend in housing values is supported by persistently low inventory levels, with national listings tracking 19 per cent below the previous five-year average for this time of the year,” Mr Lawless said.
“At the same time, Cotality’s estimate of annual sales is tracking about 1.9 per cent above the previous five-year average. The imbalance between available supply and demonstrated demand has supported auction clearance rates, which have been tracking slightly above the decade average since mid-May.”
Over the past three months, national house values rose by 1.9 per cent, compared with 1.4 per cent for units.
“The difference between the national median house and unit value is at a record high, with a 32.3 per cent gap between the two broad housing types, or approximately $223,000 in dollar terms,” Mr Lawless said.
“Such a wide difference comes amid ongoing affordability constraints and a lack of newly built multi-unit housing supply, which seems counterintuitive. Clearly, demand preferences are still weighted towards detached housing options despite the substantially lower price points available across the unit sector.”
With interest rates easing and supply remaining tight, analysts expect Queensland — and particularly Moreton Bay — to continue to outpace the national market.
