Brighter Buying

2018 Forecast: Brisbane growth rate to double

by Kate Watt, Marketing Manager 14 December 2017

It’s that time of year when property commentators around Australia dust off their crystal balls and gaze into the future to bring us their predictions for the year ahead.

One headline that caught our attention is forecast price growth rates that will put Brisbane on par with Sydney.

Growth forecasts for Brisbane sit between 3 per cent and 7 per cent. The forecast high of 7 per cent is more than double our 2017 pace and would put us on par with Sydney’s forecast growth rate, according to the SQM Boom & Bust Report published on

Around Australia forecasts for 2018 were mixed, with dark horse Hobart leading the pack.

Fears of a price drop in Sydney and Melbourne were misplaced, but growth would slow thanks to the regulatory changes which have tightened investor lending.

Check out the SQM Boom & Bust Report predictions for capital city price growth in 2018:

  • Brisbane: 3 to 7 per cent growth
  • Sydney: 4 to 8 per cent
  • Melbourne: 7 to 12 per cent
  • Hobart: 8 to 13 per cent

Looking back over 2017, Hobart again put Tassie on the map for its property performance.

Check out how capital cities performed in the 12 months to September 2017:

  • Hobart 14.3 per cent
  • Melbourne 12.1 per cent
  • Sydney 10.5 per cent
  • Canberra 7.8 per cent
  • Adelaide 5 per cent
  • Brisbane 2.9 per cent
  • Perth -2.9 per cent
  • Darwin -4.7 per cent

Got New Year property plans? Contact us for a chat.