House prices continue to rise in Moreton Bay

The Real Estate Institute of Queensland’s (REIQ) latest median sales data for the September 2025 quarter shows prices continue to surge as demand outstrips supply, including in the City of Moreton Bay.

The data which covers house and unit/apartment sales from July to September 2025 shows that Queensland’s housing market continues to rise, with no dips recorded at either the quarterly or annual level.

The statewide median house price rose 4.83 per cent during the quarter to $895,000 and is now 12.67 per cent higher than one year ago.

Units also performed strongly, with the quarterly median rising 3.57 per cent to $725,000 and annual growth reaching 15.22 per cent.

There were 1913 house sales in the City of Moreton Bay during the quarter, taking the annual total to 8042. The median house price for the quarter was $920,000, up by 10.63 per cent in one year and by 2.22 per cent since the previous quarter.

Houses are being sold in just 20 median days on the market in Moreton Bay, four days faster than in the previous year.

There were 431 units/apartments sold in the City of Moreton during the quarter, with a median sales price of $650,000, up by 17.92 per cent in the past year and 2.36 per cent since the previous quarter.

Units are being sold in just 17 median days on the market in Moreton Bay, four days faster than in the previous year.

REIQ CEO Antonia Mercorella says the results illustrate the mounting cost of Queensland’s housing shortage and the pressure on those trying to enter the market.

“Across every corner of the state, prices are climbing in a concerning but classic supply story – when demand outstrips new housing delivery, prices inevitably move higher,” she says.

“The data shows that regional Queensland is driving some of the most dramatic price movements, while Greater Brisbane and its surrounding LGAs remain solid but less explosive.”

The Federal Government’s expanded First Home Guarantee started on October 1, immediately following this reporting period, and is expected to “go some way in tipping the balance back to owner-occupiers”.

“While first home buyer loans in Queensland dipped marginally in the quarter, the change remains within normal volatility levels,” she says.

While some are calling for new investor lending rules, Ms Mercorella cautions that excessive restriction could undermine the rental market and worsen supply shortages.