Brisbane's Sub-1.5% Vacancy Rate Sparks Intense Rental Competition
Tight supply and rising demand have pushed vacancy rates below 1.5 per cent across much of the city.
The Daily Brisbane — Brisbane Local News · Every Day
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Listen · 13 July 2026 · 0:43
Brisbane in 5 minutes
The day's top Brisbane stories in one short listen (0:43).
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Brisbane in 5 minutes. Queensland's median house price is softening for the first time in years with a two-speed market emerging as established precincts outperform outer sprawl. Auction clearance rates have hit 65 per cent prompting buyers to sharpen their tactics before properties reach the block in key suburbs. At the same time sub 1.5 per cent vacancy rates are sparking intense rental competition because of tight supply and rising demand. In other news University of Queensland research shows vigorous outdoor exercise three times weekly reduces anxiety symptoms by nearly 50 per cent and Brisbane's river parks provide natural options.
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