Greater Brisbane Land Prices Surge, Surpassing Melbourne for the First Time

A recent survey shows that the cost of buying land in Greater Brisbane has now exceeded that of Melbourne for the first time. According to the Australian Real Estate Network, according to data from real estate service agency Oliver Hume, in the first quarter of 2025, the median price of land in southeast Queensland rose by 11% to A$437,900, surpassing Melbourne's median price of A$408,000 for the first time.