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So far in 2025, Brisbane’s rental market continues to defy expectations even as economic uncertainty lingers. Inner north suburbs like Ascot, Clayfield, Hendra, and New Farm remain hot spots for high end rentals, showing strong demand and leasing resilience.
Low Vacancy, High Demand
The latest REIQ data reveals Queensland’s rental market remains extremely tight, with the statewide vacancy rate falling from 1.0% to 0.9% in March. Inner Brisbane just a few kilometres from the CBD registered around 1.2%, a figure that still signals severe undersupply compared to healthy benchmarks of 2.6–3.5%
Rental Growth: Modest but Consistent
While national rent growth has cooled, Brisbane continues to show steady increases. Houses in the city have seen around 5% annual rent growth, and units around 4.2% figures that reflect continued upward movement in demand, especially for larger, owner occupier-style homes and executive rentals.
Why Premium Rentals Are Resilient
Lifestyle and Location: Tenants are increasingly seeking space, quality, and proximity they’ll pay to be near schools, cafés, parklands, and transport. Inner-north suburbs offer exactly that.
Investor Confidence: With 38.8% of Queensland housing finance going to investors, Brisbane remains a favoured market for long-term rental returns and capital gain.
Quality Drives Speed: In a competitive market with limited supply, well presented luxury homes and property managed to a high standard still lease quickly even if market demand tapers slightly elsewhere.
What This Means for Landlords & Investors
For landlords in Brisbane’s premium suburbs, several clear truths emerge:
Occupancy remains strong for well maintained executive homes or designer rentals.
Rent growth, while no longer explosive, is still steady, especially in the executive tier.
Effort counts: Properties poorly maintained or managed stay vacant longer even in tight markets. Boutique agencies like Homeward, which prioritise care and communication, deliver value and peace of mind to both tenants and owners.
At Homeward, we’re committed to helping owners navigate this landscape not just to manage your property, but to maximise returns through dedication, transparency, and truly personalised service.
