Media Release | South East Queensland Land Prices Rise 3.2%

20 Jul

min read

Content & Social Manager

Lilly Mackay

Media Release | South East Queensland Land Prices Rise 3.2%

20 Jul 2026

min read

South East Queensland land prices continued to surge in the three months to the end of June, lifting 3.2% to $544,900 as the volume of land sales jumped 23% compared to the first three months of the year, according to new research by Oliver Hume Property Group.

The 3.2% quarterly growth in median lot price in South East Queensland lifted annual growth to 22.6%.

Oliver Hume today released its latest quarterly sales and price data for the June quarter, which analyses thousands of land sales across key markets in Melbourne, South East Queensland and Adelaide.

The research showed that while the volume of land sales across South East Queensland recovered in the June quarter (up 24% to 1,261 sales), the total number of sales is still 20% below the same three months in 2025.

The price per sqm of land across South East Queensland also rose 3.2% to $1,362/sqm and remains significantly above Adelaide ($1,034) and Melbourne ($1,113).

Logan ($484,950) remains the most affordable region in the southeast, ahead of Ipswich ($531,900). Logan prices rose 3% in the June quarter and 21.4% for the year.

Median Prices for South East Queensland – June Quarter 2026*

Municipality	Jun 2025	Mar 2026	Jun 2026	QoQ %	YoY %	QoQ $	YoY $
Brisbane	$697,500	$1,190,322	$1,260,000	5.9%	80.6%	$69,678	$562,500
Gold Coast	$707,000	$899,000	$820,000	-8.8%	16.0%	-$79,000	$113,000
Ipswich	$426,400	$475,000	$531,900	12.0%	24.7%	$56,900	$105,500
Logan	$399,500	$470,900	$484,950	3.0%	21.4%	$14,050	$85,450
Moreton Bay	$448,950	$536,700	$540,900	0.8%	20.5%	$4,200	$91,950
Redlands	$544,150	$666,800	$751,400	12.7%	38.1%	$84,600	$207,250
SEQ	$444,500	$528,000	$544,900	3.2%	22.6%	$16,900	$100,400

* Selected municipalities. Source: Oliver Hume Research.

Oliver Hume Chief Economist Matt Bell said South East Queensland’s performance reflected the ongoing supply shortages and continued strong demand.

“While sales volumes recovered after three quarters of declines, the volumes of sales remain well below what is required to keep a lid on prices,” he said.

“Over the 12 months to the end of June we saw prices grow in every single local government area, with the primary land markets in Ipswich (24.7%), Logan (21.4%) and Moreton Bay (20.5%) all reporting growth of more than 20%.

“Some of the more extreme price movements for the Brisbane and Gold Coast corridors reflect small volumes and shifts in sales between regions and projects, and not only underlying price growth.”

Mr Bell said the high relative price of land in South East Queensland compared to other capital city markets would eventually slow the pace of growth.

“We are forecasting a recovery in sales volumes to approximately 1,200 sales in the remaining quarters, and some easing in price growth as the established market returns to more sustainable levels of dwelling price growth,” he said.