Queensland Property Market Update — September 2026

Queensland Property Market Update — September 2026

Queensland recorded 14,864 property transfers lodged in September 2026, an 18% decline compared with September 2025.

Although activity improved slightly compared with August, transfer volumes remain significantly below the same period last year.

For Brisbane property owners, these figures provide useful context for understanding broader market activity when considering whether to hold, sell or purchase a property.

Queensland Property Transfer Snapshot

MonthTransfers LodgedMonth-on-Month Change
June 202618,694—
July 202614,996↓ 19.8%
August 202614,232↓ 5.1%
September 202614,864↑ 4.4%
September 202518,133↓18.0%
YoYSeptember 202418,108↓17.9% vs 2024

What Are the Numbers Telling Us?

1. September showed a modest recovery

After two consecutive months of declining transfers, September recorded a 4.4% increase compared with August. While this represents a small improvement, volumes remain well below those recorded in September over the previous two years.

2. Activity remains significantly below last year

September 2026 recorded 3,269 fewer transfers than September 2025. With September 2024 and 2025 recording almost identical figures, this year’s decline is particularly noticeable.

3. The decline extends beyond a single month

From July to September, there were 44,092 transfers in 2026, compared with 54,165 during the same period in 2025 — a decline of 18.6%.

This suggests the reduction in transfer activity is more than an isolated monthly fluctuation.

What Should Property Owners Consider When Buying or Selling?

When considering a sale or purchase, it is worth looking beyond transaction volumes and prices to the steps involved between signing a contract and reaching settlement. The following points can help owners prepare.

1. The possibility of contract termination

A signed contract may still be terminated if a buyer exercises a right available under its terms. Understanding the relevant conditions and deadlines is important throughout the transaction.

2. Negotiations following building and pest inspections

Depending on the inspection findings, buyers may request a price reduction or repairs. For owners considering a sale, understanding the property’s condition and any maintenance issues in advance can help them prepare for these discussions.

3. Time for buyers to assess the property

Buyers may need time to carefully review the property’s condition and the terms of the purchase before proceeding. Allowing for these checks and negotiations can help owners set realistic expectations for the sale timeline.

4. Communication with the sales agent

From contract signing through to settlement, a transaction may involve negotiations, checks and coordination between several parties. Staying in contact with the sales agent and responding to requests promptly can help the process move forward.

Consider the Broader Market Alongside Your Own Property

These figures reflect transfers lodged rather than new sales contracts. They provide useful insight into property transaction activity, but a decline in transfer volumes alone does not establish a change in property prices or rental demand.

For rental property owners, local rental demand, rent levels, vacancy periods and maintenance costs are also important considerations when planning for the years ahead.

Centenary Approach specialises in long-term residential property management in Brisbane’s western suburbs. If you own an investment property and would like to discuss its rental potential or ongoing management, please contact us.

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