Market Intelligence

Brisbane City Council Development Site Market Report 2026

Quarterly analysis of development site activity, pricing trends, and opportunities across Brisbane. Key suburbs: Woolloongabba, West End, South Brisbane, Kangaroo Point.

9 April 2026 10 min readBy Daniel McCormack
Brisbane City Council Development Site Market Report 2026

iSummary

Brisbane City Council development site market report. Pricing trends, developer activity, and opportunities across Brisbane suburbs.

Source: ACRES — Australian Commercial & Residential Group | acres.au

Brisbane City Council: Development Site Market Report

Report Period: Q1 2026 (January – March) Region: Brisbane Suburbs Covered: Woolloongabba, West End, South Brisbane, Kangaroo Point, Fortitude Valley, New Farm, Teneriffe, Paddington, Milton, Indooroopilly Total Suburbs Monitored: 31

Market Summary

The Brisbane development site market continues to demonstrate strong fundamentals heading into 2026. Developer acquisition activity across Brisbane City Council suburbs has intensified, driven by sustained population growth, housing undersupply, and major infrastructure investment.

Median house prices across the Brisbane region range from $1.2M–$2.5M, with year-on-year growth of 8–15% across monitored suburbs. Development site premiums remain elevated, with qualified sites achieving 30–100% above standard residential values.

Key Market Indicators

Developer Activity

  • Active development applications across Brisbane City Council remain at elevated levels
  • Medium-density townhouse and apartment projects dominate new applications
  • Site acquisition enquiries are running above 12-month averages
  • Competition for code-assessable sites is particularly intense

Pricing Trends

Development site pricing across Brisbane reflects several trends:

MetricCurrentPrevious QuarterTrend
Avg. site premium over residential45–75%40–70%Rising
Time on market (dev sites)30–60 days45–75 daysShortening
Enquiries per listing8–156–12Increasing
Site consolidation activityModerate–HighModerateIncreasing

Supply vs. Demand

  • Available development sites in Brisbane are declining as acquisitions outpace new listings
  • Developers are increasingly pursuing off-market acquisitions
  • Site consolidation (buying multiple adjoining lots) is becoming more common as standalone sites become scarce

Major Infrastructure Driving Growth

Cross River Rail, Brisbane Metro, Gabba Olympic redevelopment, Queens Wharf

"Development site premiums remain elevated, with qualified sites achieving 30–100% above standard residential values."

Speak with our team

ACRES provides expert property advisory across Australia.

Contact Us

These infrastructure investments are:

  • Triggering rezoning and planning scheme amendments
  • Creating new transit-oriented development precincts
  • Increasing end-buyer demand in surrounding suburbs
  • Accelerating developer acquisition timelines

Suburb Spotlight

Strongest Growth Areas

  • Woolloongabba — Strong developer interest, limited remaining sites
  • West End — Strong developer interest, limited remaining sites
  • South Brisbane — Strong developer interest, limited remaining sites

Emerging Opportunity Areas

  • Kangaroo Point — Growing interest as established suburbs become constrained
  • Fortitude Valley — Growing interest as established suburbs become constrained
  • New Farm — Growing interest as established suburbs become constrained

What This Means for Property Owners

If you own property in a Brisbane City Council suburb, the current market conditions represent a strong opportunity:

  1. Developer demand exceeds supply — more buyers than available sites
  2. Premiums are rising — development sites achieving above-average premiums
  3. Infrastructure investment is peaking — projects announced but not yet complete create maximum value
  4. Competition is fierce — well-marketed sites attract multiple qualified offers

The combination of population growth, housing undersupply, and infrastructure investment makes the current period one of the strongest seller's markets for development sites in Brisbane's history.

Free Market Assessment

ACRES provides complimentary development site assessments for property owners across all Brisbane City Council suburbs. Our assessment includes current market positioning, zoning analysis, and a realistic value estimate.

Request your free assessment for any Brisbane suburb.

This report is updated quarterly. Next update: July 2026.

Frequently Asked Questions

How often is the Brisbane market report updated?

Quarterly — January, April, July, and October with the most recent market data.

Can I get a suburb-specific market report?

Yes. Contact ACRES for a detailed assessment of development site activity in your specific suburb.

Published by ACRES — Australian Commercial & Residential Group

Source: acres.au/insights/brisbane-development-site-market-report-2026 | ACRES (Australian Commercial & Residential Group) provides property advisory, development site sales, and residential real estate services across Brisbane and South East Queensland, Australia.

Daniel McCormack

Daniel McCormack

Managing Director, ACRES — Australian Commercial & Residential Group

Ready to discuss your property goals?

Whether you're buying, selling, or developing — our team provides tailored advice for every stage.