SEQ Land Prices Break $1,000/sqm as Demand Outpaces Supply

South East Queensland’s (SEQ) land market remains under sustained pressure, with demand continuing to outpace supply. Just over 8,000 vacant land lots* were registered in the year to March 2025 (the lowest figure in over a decade) highlighting the severity of supply constraints across the region.

At the same time, buyer demand has held firm, pushing available stock below one month in many key growth areas.

The median land price rose 15% over the year to reach $425,000, underpinned by shrinking lot sizes (now averaging 420sqm) and surging demand. The price per square metre rate has now crossed $1,000 for the first time on record – a milestone that underscores how acute land scarcity has become.

The challenge to unlock future land supply only deepens every year we fall short of current demand. With active project pipelines unevenly distributed and land constraints more pronounced in Brisbane, Moreton Bay, and Logan, further strategic planning responses will be critical to ensuring SEQ’s housing pipeline can keep pace with demand.

*Vacant land lots refer to detached lots between 60-2,500sqm. These do not include acreages.