Brisbane rents at a record high after years of rises
Brisbane rental prices have reached record highs, with median house rents at $700 and units at $660 per week. Experts suggest that tenants have hit an affordability ceiling, leading to a stall in rent growth despite ongoing supply shortages.
Why it matters
The rental crisis highlights the growing strain on housing affordability and the mismatch between supply and demand in major Australian cities.
Property News Queensland residential property ‘Entering the red zone’: Brisbane rents at a record high Sarah Webb October 8, 2026 — 5:00am
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Share A A A Brisbane rents are at a record high as tenants hit the limit of what they can afford to pay for housing after years of rising rents.
The asking rent for Brisbane’s median house was $700 in the September quarter and $660 for a unit, the latest Domain Rent Report, released on Thursday, shows.
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