The average price of a Queensland dwelling jumped by nearly 14 percent during 2025.
In the December quarter alone, the average price of a dwelling in the state rose 4.8 percent or $48,800.
Queensland has the second highest average price for a residential dwelling at $1,066,000.
Only NSW is higher at $1,301,100, with WA at $1,014,200, SA at $938,100 and Victoria at $933,100.
Figures released today by the Australian Bureau of Statistic show that the mean (average) price of a dwelling in the state was up 13.9 percent over the 12 months.
This compared with 3.6 percent in NSW and 3.4 percent in Victoria.
The biggest increases nationally were in WA (16.8 percent) and the Northern Territory (15.1 percent)
The ABS said the total value of Australia’s residential dwellings rose by $384.8 billion or 3.2 percent to $12.3 trillion in the December quarter 2025.
ABS head of finance statistics Mish Tan there had been 13 quarters of uninterrupted growth (since September 2022) and the total value of the housing stock had passed $12 trillion for the first time.
“December quarter’s growth was driven by rising property prices, as the national mean dwelling price increased 2.7 percent to $1.07 million,” Dr Tan said.
“The mean price of residential dwellings rose in all states and territories this quarter, with growth most evident in Western Australia (7.5 percent or $70,500), Queensland (4.8 percent or $48,800) and South Australia (4.5 percent or $40,800).
‘Annually, dwelling prices in Western Australia have risen faster than any other state or territory, rising 16.8 percent to $1.01 million since December quarter 2024.
“This quarter, Western Australia became the third state after New South Wales and Queensland to have a mean dwelling price of over $1 million’.”
The full report is on ABS website.
