<article class="state-of-origin-content" data-sf-ec-immutable=""><div class="article-body"><p class="lead">Brisbane's median apartment price currently sits at $759,000 as of May 2026, offering significantly better value than Sydney's $830,000 median. In Brisbane, this buys a two-bedroom, two-bathroom apartment in the inner city with river views and high-quality amenities. In Sydney, the same price often fails to secure even a one-bedroom apartment in the inner city.</p><p>Rental affordability also favors Queensland, with Brisbane rents at $660 per week compared to Sydney's $750 per week&mdash;a difference of nearly $4,700 annually. Brisbane's rental vacancy sits at just 0.8%, supporting continued rental growth with strong underlying demand.</p><p>Queensland's population surge continues, with a net gain of 19,000 interstate migrants in the 12 months to September 2025, while New South Wales experienced a net loss of 23,000 migrants. However, New South Wales is staging a comeback, with interstate migration losses reducing by 5,200 during the same period, and Sydney's apartment market showing year-on-year growth rates at their highest since mid-2022.</p><div class="cta-section"><a href="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1781557422/resi/AU/Insights/JLL_Residential_Insight_-_State_of_Origin.pdf" class="cta-link" target="_blank" rel="noopener noreferrer">Download the full State of the Market: Queensland vs NSW Analysis 📊</a>
 </div></div></article><style>.state-of-origin-content {
        max-width: 100%;
        font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, sans-serif;
        line-height: 1.7;
        background-color: transparent;
    }

    .state-of-origin-content .article-body p {
        font-size: 1.1rem;
        margin-bottom: 1.5rem;
    }

    .state-of-origin-content .lead {
        font-size: 1.2rem;
        font-weight: 500;
    }

    .state-of-origin-content .cta-section {
        margin-top: 2.5rem;
        padding: 1.5rem;
        background: rgba(216, 47, 47, 0.08);
        border-left: 4px solid #d32f2f;
        border-radius: 4px;
        text-align: center;
    }

    .state-of-origin-content .cta-link {
        display: inline-block;
        color: #d32f2f;
        text-decoration: none;
        font-weight: 500;
        padding: 0.5rem 0;
        border-bottom: 2px solid transparent;
        transition: all 0.3s ease;
    }

    .state-of-origin-content .cta-link:hover {
        border-bottom-color: #d32f2f;
        color: #b71c1c;
    }

    /* Dark mode styles */
    [data-theme="dark"] .state-of-origin-content .cta-section,
    .dark-mode .state-of-origin-content .cta-section {
        background: rgba(255, 82, 82, 0.1);
        border-left-color: #ff5252;
    }

    [data-theme="dark"] .state-of-origin-content .cta-link,
    .dark-mode .state-of-origin-content .cta-link {
        color: #ff5252;
    }

    [data-theme="dark"] .state-of-origin-content .cta-link:hover,
    .dark-mode .state-of-origin-content .cta-link:hover {
        border-bottom-color: #ff5252;
        color: #ff6b6b;
    }

    /* System preference dark mode fallback */
    @media (prefers-color-scheme: dark) {
        .state-of-origin-content .cta-section {
            background: rgba(255, 82, 82, 0.1);
            border-left-color: #ff5252;
        }
        
        .state-of-origin-content .cta-link {
            color: #ff5252;
        }
        
        .state-of-origin-content .cta-link:hover {
            border-bottom-color: #ff5252;
            color: #ff6b6b;
        }
    }

    /* Responsive styles */
    @media (max-width: 768px) {
        .state-of-origin-content .article-body p {
            font-size: 1rem;
        }
        
        .state-of-origin-content .lead {
            font-size: 1.1rem;
        }
        
        .state-of-origin-content .cta-section {
            padding: 1rem;
            margin-top: 2rem;
        }
    }
</style>

State of the Market: Queensland Dominates Property While The Blues Eye Series

Muse-Lifestyle-5

Queensland continues to dominate Australia's residential property market with Greater Brisbane's median apartment price growing 17.3% in the 12 months to May 2026, while Sydney saw only 5.9% growth during the same period.

https://res.cloudinary.com/global-cms-assets-np/image/upload/c_crop,g_north_west,h_464,w_1000,y_204/resi/AU/Insights/State-Of-The-Market-Insights.png

<article class="apartment-outlook-content" data-sf-ec-immutable=""><div class="article-body"><p class="lead">JLL's inaugural Australian Apartment Market Outlook examines the key trends shaping Sydney, Melbourne, and Brisbane's apartment markets through H1 2026. Despite economic headwinds from rising interest rates and Federal Budget tax changes, medium-term fundamentals remain robust, underpinned by chronic housing undersupply, sustained population growth, and solid household income growth.</p><p>Australia's three largest capital cities experienced varying apartment price growth throughout 2025, with Brisbane leading at 16.5% annually, followed by Sydney at 4.5% and Melbourne at 2.0%. Year-to-date growth to April 2026 shows Brisbane continuing to outpace at 6.4%, while Sydney and Melbourne recorded more moderate gains. The Reserve Bank's cash rate increase to 4.35% in May 2026 and negative gearing reforms are expected to moderate investor demand and transaction activity in the near term.</p><p>Rental markets remain exceptionally tight across all three capitals. Brisbane recorded the lowest vacancy rate at 0.8% in April 2026, followed by Sydney at 1.3% and Melbourne at 1.5%. As economic headwinds soften sales market demand, rental markets could see increased pressure as potential buyers remain renters longer. Brisbane rents are forecast to grow 6.5% through 2026, with Sydney at 4.5% and Melbourne at 4.0%, driven by sustained migration and limited supply additions.</p><p>Looking ahead, Brisbane is positioned for the strongest growth through chronic demand-supply imbalances, while Melbourne is expected to benefit from improved relative affordability and constrained new supply. Sydney presents a more measured outlook as mature market dynamics and stretched affordability temper momentum. Prime properties are showing resilience across all three capitals, outperforming broader market trends as quality and location continue to command premium interest.</p><div class="cta-section"><a href="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1779268653/resi/AU/Insights/2026_H1_Apartment_Market_Outlook_-_Residential.pdf" class="cta-link" target="_blank" rel="noopener noreferrer">Download the H1 2026 Australian Apartment Market Outlook 📊</a>
 </div></div></article><style>.apartment-outlook-content {
        max-width: 100%;
        font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, sans-serif;
        line-height: 1.7;
    }

    .article-body p {
        font-size: 1.1rem;
        margin-bottom: 1.5rem;
    }

    .lead {
        font-size: 1.2rem;
        font-weight: 500;
    }

    .cta-section {
        margin-top: 2.5rem;
        padding: 1.5rem;
        background: rgba(200, 200, 200, 0.2);
        border-left: 4px solid #d32f2f;
        border-radius: 4px;
        text-align: center;
    }

    .cta-link {
        display: inline-block;
        color: #d32f2f;
        text-decoration: none;
        font-weight: 500;
        padding: 0.5rem 0;
        border-bottom: 2px solid transparent;
        transition: all 0.3s ease;
    }

    .cta-link:hover {
        border-bottom-color: #d32f2f;
        color: #b71c1c;
    }

    /* Dark mode styles */
    @media (prefers-color-scheme: dark) {
        .cta-section {
            background: rgba(255, 255, 255, 0.1);
            border-left-color: #ff5252;
        }
        
        .cta-link {
            color: #ff5252;
        }
        
        .cta-link:hover {
            border-bottom-color: #ff5252;
            color: #ff6b6b;
        }
    }

    /* Responsive styles */
    @media (max-width: 768px) {
        .article-body p {
            font-size: 1rem;
        }
        
        .lead {
            font-size: 1.1rem;
        }
        
        .cta-section {
            padding: 1rem;
            margin-top: 2rem;
        }
    }
</style>

Australian Apartment Market Outlook

JLL's inaugural Australian Apartment Market Outlook examines the key trends shaping Sydney, Melbourne, and Brisbane's apartment markets through H1 2026.

https://res.cloudinary.com/global-cms-assets-np/image/upload/f_auto,q_auto/v1779268972/resi/AU/Insights/GettyImages-1053908810.jpg

<article class="prime-residential-content" data-sf-ec-immutable=""><div class="article-body"><p class="lead">Sydney's prime residential landscape is experiencing significant shifts that savvy investors and homeowners need to understand.</p><p>If you're considering your next move in Sydney's most coveted markets, there are critical insider trends you need to know about. Our latest Prime Residential Drivers Report reveals the key forces shaping Sydney's most desirable postcodes &ndash;
            and what it means for your property decisions.</p><div class="cta-section"><a href="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1768991977/resi/AU/Insights/Images/Insider_Tips_-_Sydney_Prime_Residential_Market_Shift.pdf" class="cta-link" target="_blank" rel="noopener noreferrer">Download your complimentary Prime Residential Drivers Report 📊
            </a>
 </div></div></article><style>.prime-residential-content {
        max-width: 100%;
        font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, sans-serif;
        line-height: 1.7;
        color: #333;
        background-color: #ffffff;
    }

    .article-body p {
        font-size: 1.1rem;
        margin-bottom: 1.5rem;
    }

    .lead {
        font-size: 1.2rem;
        font-weight: 500;
        color: #444;
    }

    .cta-section {
        margin-top: 2.5rem;
        padding: 1.5rem;
        background: #f8f9fa;
        border-left: 4px solid #0066cc;
        border-radius: 4px;
        text-align: center;
    }

    .cta-link {
        display: inline-block;
        color: #0066cc;
        text-decoration: none;
        font-weight: 500;
        padding: 0.5rem 0;
        border-bottom: 2px solid transparent;
        transition: all 0.3s ease;
    }

    .cta-link:hover {
        border-bottom-color: #0066cc;
        color: #004499;
    }

    /* Dark mode styles */
    @media (prefers-color-scheme: dark) {
        .prime-residential-content {
            color: #e0e0e0;
            background-color: #1a1a1a;
        }

        .lead {
            color: #f0f0f0;
        }

        .cta-section {
            background: #2d2d2d;
            border-left-color: #4da6ff;
        }

        .cta-link {
            color: #4da6ff;
        }

        .cta-link:hover {
            border-bottom-color: #4da6ff;
            color: #66b3ff;
        }
    }

    @media (max-width: 768px) {
        .article-body p {
            font-size: 1rem;
        }
        .cta-section {
            padding: 1rem;
            margin-top: 2rem;
        }
    }
</style>

Insider Tips: Sydney Prime Residential Market Shift

Discover the key shifts in Sydney's prime residential market. Get insider analysis on the most coveted postcodes and what drives property decisions in luxury markets.

Sydney Prime Residential Market: Critical Trends & Insider Analysis 2026

https://res.cloudinary.com/global-cms-assets-np/image/upload/v1768993022/resi/AU/Insights/Images/Sydney-Prime-Hero2.png

<div class="prime-residential-content"><p>This exclusive report reveals how Sydney's $5M+ property market generated over $78 billion in sales across 221 suburbs, with ultra-prime properties ($20M+) commanding unprecedented values in prestigious enclaves like Point Piper, Bellevue Hill, and Vaucluse.</p><p>Download our report to access:</p><ul><li>Comprehensive sales data and market analysis (2020-2025)</li><li>Suburb-by-suburb performance insights</li><li>Ultra-prime property trends and record-breaking transactions</li><li>Future market outlook and investment opportunities</li></ul><div class="cta-section"><a href="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1758827478/resi/AU/Insights/Images/Sydney_Prime_Residential_Report.pdf" target="_blank" class="cta-link">Download Report 📊</a>
 </div></div><style>.prime-residential-content {
        max-width: 100%;
        font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, sans-serif;
        line-height: 1.7;
        color: #333;
        background-color: #ffffff;
    }

    .prime-residential-content p {
        font-size: 1.1rem;
        margin-bottom: 1.5rem;
    }

    .prime-residential-content ul {
        font-size: 1.1rem;
        margin-bottom: 1.5rem;
        padding-left: 1.5rem;
    }

    .prime-residential-content ul li {
        margin-bottom: 0.5rem;
    }

    .cta-section {
        margin-top: 2.5rem;
        padding: 1.5rem;
        background: #f8f9fa;
        border-left: 4px solid #0066cc;
        border-radius: 4px;
        text-align: center;
    }

    .cta-link {
        display: inline-block;
        color: #0066cc;
        text-decoration: none;
        font-weight: 500;
        padding: 0.5rem 0;
        border-bottom: 2px solid transparent;
        transition: all 0.3s ease;
    }

    .cta-link:hover {
        border-bottom-color: #0066cc;
        color: #004499;
    }

    /* Dark mode styles */
    @media (prefers-color-scheme: dark) {
        .prime-residential-content {
            color: #e0e0e0;
            background-color: #1a1a1a;
        }

        .cta-section {
            background: #2d2d2d;
            border-left-color: #4da6ff;
        }

        .cta-link {
            color: #4da6ff;
        }

        .cta-link:hover {
            border-bottom-color: #4da6ff;
            color: #66b3ff;
        }
    }

    @media (max-width: 768px) {
        .prime-residential-content p {
            font-size: 1rem;
        }
        .cta-section {
            padding: 1rem;
            margin-top: 2rem;
        }
    }
</style>

Prime Sydney Report

Discover the extraordinary performance of Sydney's luxury property market in our comprehensive analysis of prime residential sales from 2020-2025.

https://res.cloudinary.com/global-cms-assets-np/image/upload/w_1920,c_limit,q_auto:good,f_auto,fl_progressive/v1758827116/resi/AU/Insights/Images/Prime-Sydney.jpg

<p>While the first half of the year may see continued moderation, lower interest rates and positive wage growth are expected to restore momentum by the latter half. Sydney&rsquo;s luxury apartment market is forecasted to significantly outperform, with growth of 5.6% in 2025 compared to 1.4% for all dwellings.</p><p>The economic backdrop remains robust, with GDP growth accelerating and inflation normalising. A persistent supply-demand mismatch is expected to result in a shortfall of over 241,800 dwellings from FY 2023-24 to FY 2029-30. This undersupply, coupled with
    strong population growth, will continue to support housing demand.</p><p>Rental growth is moderating due to affordability constraints, but the market remains tight with low vacancy rates. Unit prices are expected to outperform house prices, driven by affordability factors and constrained new supply. While risks remain, the
    medium-term outlook for Australia&rsquo;s housing market is positive, underpinned by population growth, tight rental markets, and chronic undersupply.</p><a href="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1757543958/resi/AU/Insights/Images/Budget-Paper-June-2025.pdf" target="_blank"><button class="Button primary">Download Report</button></a>

Decoding Australia’s Housing Market

Australia&rsquo;s housing market is poised for recovery in 2025 despite recent headwinds. While the first half of the year may see continued moderation, lower interest rates and positive wage growth are expected to restore momentum by the latter half.

Australia’s housing market is poised for recovery in 2025 despite recent headwinds. 

Australia&rsquo;s housing market is poised for recovery in 2025 despite recent headwinds. 

https://res.cloudinary.com/global-cms-assets-np/image/upload/f_auto,q_auto/v1759156706/resi/AU/Insights/Images/sydney-2651711_1920.jpg

Site Settings

AU Contacts

title="Currency"
metric="currency"
type="currency-select"
name="currencyType"
placeholder="GBP (£)"
order=1
[[options]]
label="GBP (£)"
value="gbp"
[[options]]
label="EUR (€)"
value="eur"
[[options]]
label="USD ($)"
value="usd"
[[options]]
label="HKD (HK$)"
value="hkd"
[[options]]
label="CNY (¥)"
value="cny"
[[options]]
label="AED (د.إ)"
value="aed"

Currency

currencyType

title="Price"
metric="£"
type="minmax"
name="Price"
order=1

[min]
[min.0]
label="No Min"
value=""
[min.1]
label="£100,000"
value=100000
[min.2]
label="£200,000"
value=200000
[min.3]
label="£300,000"
value=300000
[min.4]
label="£400,000"
value=400000
[min.5]
label="£500,000"
value=500000
[min.6]
label="£600,000"
value=600000
[min.7]
label="£700,000"
value=700000
[min.8]
label="£800,000"
value=800000
[min.9]
label="£900,000"
value=900000
[min.10]
label="£1,000,000"
value=1000000
[min.11]
label="£2,000,000"
value=2000000
[min.12]
label="£3,000,000"
value=3000000
[min.13]
label="£4,000,000"
value=4000000
[min.14]
label="£5,000,000"
value=5000000
[min.15]
label="£10,000,000"
value=10000000
[min.16]
label="£15,000,000"
value=15000000
[min.17]
label="£20,000,000"
value=20000000
[min.18]
label="£25,000,000+"
value=25000000

[max]
[max.0]
label="No Max"
value=""
[max.1]
label="£100,000"
value=100000
[max.2]
label="£200,000"
value=200000
[max.3]
label="£300,000"
value=300000
[max.4]
label="£400,000"
value=400000
[max.5]
label="£500,000"
value=500000
[max.6]
label="£600,000"
value=600000
[max.7]
label="£700,000"
value=700000
[max.8]
label="£800,000"
value=800000
[max.9]
label="£900,000"
value=900000
[max.10]
label="£1,000,000"
value=1000000
[max.11]
label="£2,000,000"
value=2000000
[max.12]
label="£3,000,000"
value=3000000
[max.13]
label="£4,000,000"
value=4000000
[max.14]
label="£5,000,000"
value=5000000
[max.15]
label="£10,000,000"
value=10000000
[max.16]
label="£15,000,000"
value=15000000
[max.17]
label="£20,000,000"
value=20000000
[max.18]
label="£25,000,000+"
value=25000000

Sale - Price

Price

title="Price"
metric="£"
type="minmax"
name="Price"
order=1

[min]
[min.0]
label="No Min"
value=""
[min.1]
label="£1,000 pcm"
value=1000
[min.2]
label="£2,000 pcm"
value=2000
[min.3]
label="£3,000 pcm"
value=3000
[min.4]
label="£4,000 pcm"
value=4000
[min.5]
label="£5,000 pcm"
value=5000
[min.6]
label="£6,000 pcm"
value=6000
[min.7]
label="£7,000 pcm"
value=7000
[min.8]
label="£8,000 pcm"
value=8000
[min.9]
label="£9,000 pcm"
value=9000
[min.10]
label="£10,000+ pcm"
value=10000
 
[max]
[max.0]
label="No Max"
value=""
[max.1]
label="£1,000 pcm"
value=1000
[max.2]
label="£2,000 pcm"
value=2000
[max.3]
label="£3,000 pcm"
value=3000
[max.4]
label="£4,000 pcm"
value=4000
[max.5]
label="£5,000 pcm"
value=5000
[max.6]
label="£6,000 pcm"
value=6000
[max.7]
label="£7,000 pcm"
value=7000
[max.8]
label="£8,000 pcm"
value=8000
[max.9]
label="£9,000 pcm"
value=9000
[max.10]
label="£10,000+ pcm"
value=1000000

Resale - Price

title="Beds"
metric="bedrooms"
type="minmax"
name="bed"
order=2

[min]
[min.0]
label="No Min"
value=""
[min.1]
label="Studio"
value=0
[min.2]
label="1 bedroom"
value=1
[min.3]
label="2 bedrooms"
value=2
[min.4]
label="3 bedrooms"
value=3
[min.5]
label="4 bedrooms"
value=4
[min.6]
label="5+ bedrooms"
value=5

[max]
[max.0]
label="No Max"
value=""
[max.1]
label="Studio"
value=0
[max.2]
label="1 bedroom"
value=1
[max.3]
label="2 bedrooms"
value=2
[max.4]
label="3 bedrooms"
value=3
[max.5]
label="4 bedrooms"
value=4
[max.6]
label="5+ bedrooms"
value=5

Bedrooms

Beds

title="Property Type"
metric="propertyType"
type="select"
name="type"
placeholder="Any Type"
order=3

[[options]]
label="Any Type"
value=""
[[options]]
label="Flats"
value="flats"
[[options]]
label="Houses"
value="houses"
[[options]]
label="Developments"
value="developments"

Property Type

type

title="Options"
type="checkboxes"
name="flags"
order=4

[[options]]
label="Short Term"
value="short-term"
[[options]]
label="Furnished"
value="furnished"
[[options]]
label="Unfurnished"
value="unfurnished"

Resale - Options

flags

Options

title="Must be"
type="checkboxes"
name="flags"
order=4

[[options]]
label="New homes"
value="new-home"
[[options]]
label="First time buyer"
value="first-time-buyer"
[[options]]
label="Coming soon"
value="coming-soon"
[[options]]
label="Stamp duty promotion"
value="reduced-stamp-duty"
[[options]]
label="Shared ownership"
value="shared-ownership"

Sale - Options

Must be

There’s the conventional way of doing things. And then, there’s the JLL way. A more innovative, intelligent, and human way. Find out how you can SEE A BRIGHTER WAY with JLL.

office/Valuation

firstName

lastName

email

telephone

message

<p><strong>PRIVACY NOTICE</strong></p><p>Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.</p><p>Generally the personal information we collect from you are for the purposes of dealing with your enquiry.</p><p>We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.</p>

General Enquiry

service

<p><strong></strong></p><p><strong>PRIVACY NOTICE</strong></p><p>Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.<br />Generally the personal information we collect from you are for the purposes of dealing with your enquiry.<br />We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.</p><p>&nbsp;</p>

Contact our Agents a more personalized service, and more accurate recommendations that save time.

Property Enquiry

<p><strong>PRIVACY NOTICE</strong></p><p>&nbsp;</p><div>Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services.&nbsp; &nbsp;We take our responsibility to protect the personal information provided to us seriously.</div><div>Generally the personal information we collect from you are for the purposes of dealing with your enquiry.</div><div>We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.</div><p>&nbsp;</p>

Brochure and Floorplans Form

<p><strong></strong></p><p><strong>PRIVACY NOTICE</strong></p><p>Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.<br />Generally the personal information we collect from you are for the purposes of dealing with your enquiry.<br />We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.</p>

Gated Content Form

Uniquely Australian<br /><em>Real Estate</em>

Australia EN Localization

https://res.cloudinary.com/jll-global-olm-np/image/upload/v1748862271/resi/re-design/Union_header.svg

https://res.cloudinary.com/jll-global-olm-np/image/upload/q_auto/f_auto/v1739528600/Union_pvjdn9.svg

Insights

Explore JLL Residential insights: expert analysis on Australia's property market trends, buying guides, investment tips and real estate news. Read the latest now.