September 2026 at a Glance

House Prices and Trends

City-level transaction prices for Queensland are not released as open data, so the national index for Australia serves as the benchmark here. Read local listings against that backdrop.

The national house price index for Australia rose 8.3% year on year in Q2 2026 and was -0.1% against the previous quarter, according to BIS, Residential property prices (nominal). A year earlier the annual rate was +4.1%, so growth has picked up over twelve months. More recently, though, the annual rate has eased from the previous quarter, which suggests the market is losing some steam even as prices stay well above year-ago levels.

House price index, % change year on yearQ3 2024+7.4%Q4 2024+5.8%Q1 2025+4.5%Q2 2025+4.1%Q3 2025+5.1%Q4 2025+8.2%Q1 2026+10.3%Q2 2026+8.3%

Financing and Interest Rates

The Reserve Bank of Australia’s policy rate was 4.35% in August 2026 (BIS, Central bank policy rates). Rates are 0.75 points higher than a year ago, which raises the cost of borrowing and tends to cool price growth with a lag of two to four quarters.

Queensland in the News

• 5 Things Queensland First-Home Buyers Should Know About Building In 2026 – realestate.com.au (realestate.com.au, 27 Sep 2026)
• Ben McGrath Appointed Queensland Managing Director | C&W | AU – Cushman & Wakefield (Cushman & Wakefield, 23 Jul 2026)
• Sick of the city, Queenslanders head west and boost property prices – ABC News & Headlines – Australian Broadcasting Corporation (ABC News & Headlines – Australian Broadcasting Corporation, 9 Sep 2026)
• Texas-based Aussie oil boss buys Queensland’s most expensive home – AFR (AFR, 11 Sep 2026)
• Skyports builds momentum in Queensland through partnership with Australian real estate developer – Skyports Infrastructure (Skyports Infrastructure, 9 Jul 2026)
• Queensland sellers forced to slash prices by six figures as market hits reverse – realestate.com.au (realestate.com.au, 7 Sep 2026)

Reading the Trend

What to watch next month

• The next quarterly release of the house price index for Australia (Q2 2026 is the latest) — whether annual growth keeps slowing.
• Upcoming decisions by the Reserve Bank of Australia — any move from 4.35% feeds through to mortgage pricing within weeks.

What This Means for Buyers, Sellers and Investors

Sources

• BIS, Residential property prices (nominal)
• BIS, Central bank policy rates
• Headlines via Google News RSS; content belongs to the linked publishers.

Methodology: all figures are taken directly from the free public statistical sources linked above, for the periods stated; official statistics are published with a lag, so the latest available release is used. Commentary is generated from those figures by rule and reviewed before publication. Nothing here is financial advice.