South East Queensland Land Prices Rise Again

18 Feb

min read

National Head of Corporate Marketing & Communications

Mitchy Koper

South East Queensland Land Prices Rise Again

18 Feb 2026

min read

South East Queensland’s median land prices rose $14,800 in the December quarter and $107,500 for 2025.
Median lot price is now $498,400 and $1,187/sqm, up from $390,900 and $931/sqm at the end of 2024.
Oliver Hume expects price growth to moderate in 2026 as supply constraints, higher interest rates and affordability issues temper demand.
Logan most affordable region in SEQ

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South East Queensland land prices continued to surge in the December quarter, lifting 3.1% to $498,400 despite a fall in the number of sales for the second quarter in a row, according to new research by Oliver Hume Property Group.

Oliver Hume today released its latest Quarterly Market Insights (QMI) data for the December quarter, which analyses thousands of land sales across key markets in Melbourne, South East Queensland and Adelaide.

The research showed the volume of land sales across South East Queensland dipped for the second consecutive quarter, with the total number of sales falling 15.1% to 1,184, compared with 1,394 in the September quarter and a four-year high of 1,500 in the June quarter.

The quarterly growth in median lot price in South East Queensland was 3.1%, taking the median price to $498,400. The strong December quarter lifted annual growth to 27.5%.

The Oliver Hume data shows Logan ($462,000) remains the most affordable region in the southeast, slightly ahead of Ipswich ($465,000). Logan prices rose 9.3% in the December quarter and 23.1% for the year.

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MEDIAN PRICES for Queensland Dec Qtr. 2025*

				%	%	$	$
Municipality	Dec-24	Sep-25	Dec-25	QoQ	YoY	QoQ	YoY
Brisbane	$720,000	$698,000	$935,000	34.0%	29.9%	$237,000	$215,000
Gold Coast	$725,000	$728,000	$890,950	22.4%	22.9%	$162,950	$165,950
Ipswich	$368,000	$440,900	$465,000	5.5%	26.4%	$24,100	$97,000
Logan	$375,250	$422,500	$462,000	9.3%	23.1%	$39,500	$86,750
Moreton Bay	$414,000	$499,000	$524,450	5.1%	26.7%	$25,450	$110,450
Redlands	$515,000	$595,000	$599,900	0.8%	16.5%	$4,900	$84,900
SEQ	$390,900	$483,600	$498,400	3.1%	27.5%	$14,800	$107,500

*Selected Municipalities

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Price growth on a $/sqm basis was 3.1%, right in line with overall median price growth as the median lot size stayed steady at 420sqm, where it’s been for seven of the last eight quarters.

Oliver Hume Chief Economist Matt Bell said South East Queensland’s stellar growth over recent years would temper market conditions in 2026 and had made it more expensive than many other markets, including Melbourne.

“SEQ’s land market upside is more limited compared to Melbourne,” he said. “It’s struggling to bring on new supply, and it lost its affordability advantage over Melbourne early in 2025.”

“We expect volumes to push moderately higher and price growth to ease from the current high levels but remain solidly positive.”

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