Brisbane’s housing boom impoverishes buyers, tenants

Wednesday 26 November 2025

Brisbane’s post-pandemic housing boom has trashed affordability for first home buyers and tenants alike.

Turning to prices first, Proptrack reports that Brisbane dwelling values have soared by 104% since the beginning of the Covid-19 pandemic in March 2020:

The impact on affordability was illustrated in all of its hideous glory in Cotality’s latest housing affordability report.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.