Queensland Property Market Shows Resilience

National dwelling values declined during the June quarter, while Queensland continued to move ahead

Australia’s residential property market recorded a decline during the June quarter of 2026. However, the latest figures show Queensland continued to perform more strongly than several other states.

According to the Australian Bureau of Statistics, the total value of residential dwellings across Australia fell by $34.1 billion during the quarter. This reduced the total value of the country’s residential property market to $12.69 trillion.

The national mean dwelling price also declined by $8,200, falling to $1,100,400.

Queensland moves against the national trend

Queensland was one of the states where residential property values continued to rise.

The mean Queensland dwelling price increased from $1,114,800 in the March quarter to $1,130,600 in the June quarter. This placed Queensland second only to New South Wales, which recorded a mean dwelling price of $1,304,900.

Western Australia followed closely behind Queensland with a mean price of $1,123,700.

These figures are statewide averages and should not be treated as an indication of what an individual property may be worth. Property values can differ significantly between suburbs and even between neighbouring streets.

Recent comparable sales, the condition of the home, land size, location and buyer demand all influence a property’s market value.

Buyer confidence remains under pressure

While Queensland property values have remained resilient, Australian households appear increasingly cautious.

The Westpac–Melbourne Institute Consumer Sentiment Index declined by 5.2% in September, falling from 88.9 to 84.4.

Higher fuel costs, concerns about further interest-rate increases and weaker housing conditions in some parts of Australia have placed additional pressure on household confidence.

Westpac also reported that homebuyer sentiment had fallen sharply. However, expectations about future property prices remained relatively steady.

What does this mean for Moreton Bay sellers?

Queensland’s performance provides some positive context for homeowners considering selling. However, broader economic uncertainty may cause buyers to pay closer attention to price, presentation and borrowing costs.

Sellers should base their expectations on recent local sales rather than national headlines or statewide averages.

A carefully prepared marketing campaign can also become particularly important when buyers are cautious. Professional presentation, accurate pricing and widespread online exposure can help a property attract attention and encourage stronger competition.

Local advice matters in a changing market

The property market can vary considerably from one suburb to another. Even when statewide figures are positive, sellers need current information about buyer activity in their immediate area.

If you are considering selling, this is a good time to arrange an updated assessment of your property’s sale potential.

Contact Narelle Cordaro and the team at All Around Realty on 0466 683 684 or fill out the form here to arrange your local property market update.

Sources: Australian Bureau of Statistics, Total Value of Dwellings, June Quarter 2026 and Westpac–Melbourne Institute Consumer Sentiment, September 2026.