Chelmer Property Report Autumn 2025 Courtesy of Harcourts Property Partners
Brisbane continues to be one of Australia’s strongest capital city housing markets and is likely to remain so in 2025. Dwelling values in Brisbane continued to record positive growth, increasing by +0.4% for the month of March, with first quarter 2025 growth of +0.9%. The median dwelling value sits just under the $900,000 threshold at $899,824, with the city remaining the second most expensive capital in the country, following annual growth of +8.6%. While sales volumes have moderated (in particular due to the impacts of excyclone Alfred), the broader increase in property listings is starting to provide buyers with more options, easing competition and contributing to the slowed momentum of value growth. There are many reasons why Brisbane has such a robust property market, but the main one is immigration. Queensland’s population is expected to grow by over 16% by the time Brisbane hosts the Olympics in 2032. That’s a lot of people who will need somewhere to live, and most of them will be moving to the Greater Brisbane area. New housing supply is expected to remain constrained amid high Welcome costs, a scarcity of skilled trades and compressed profit margins. The cumulative undersupply of housing will take some time to address. Housing construction costs are still rising from an already high base, creating ongoing feasibility challenges for builders and developers. We are seeing strong demand for detached houses in Brisbane, particularly in the inner and middle ring suburbs, and outstanding demand for lifestyle areas. Over the longer term, Brisbane is well-positioned for steady growth, driven by its strong fundamentals and ongoing appeal to home buyers and investors alike. If you’re considering a move, get in touch with me for a chat about your options. I look forward to helping you realise your property goals. Kris Matthews Harcourts Property Partners
Sold in Chelmer 5 5 4 5 3 3 4 1 1 3 2 2 2 1 2 4 3 2 5 4 2 6 3 2 817m2 999m2 683m2 468m2 407m2 610m2 506m2 SOLD $4,365,000 SOLD $3,000,000 SOLD $1,917,500 SOLD $1,210,000 SOLD $530,000 SOLD $2,450,000 SOLD $3,210,000 SOLD $1,660,000 25 Sutton Street, Chelmer 20 Morley Street, Chelmer 154 Victoria Avenue, Chelmer 21 Harte Street, Chelmer 9/73 Honour Avenue, Chelmer 26 Richmond Street, Chelmer 147 Queenscroft Street, Chelmer 49 Plumridge Street, Chelmer
Fast facts Source: CoreLogic RPData 15 January 2025 - 15 April 2025 1400 1600 1800 2000 2025 2024 2023 2022 2021 Chelmer Median Price (000s) Median house sale price Chelmer Houses sold last quarter 9 Houses sale price Highest $3,750,000 Lowest $1,210,000 Median $2,184,000 Average days on market 40 Median 4 bed house rent $1,250 p/w RENT Level 1/44 Benson Street Toowong QLD 4066 harcourts.net/au/office/property-partners Compared to five years ago, the median sales price for houses in Chelmer has increased 72% which equates to a compound annual growth rate of 11.4%.
Highly experienced and very helpful “Kris Matthews’ friendly and helpful attitude made the selling of our property much easier and less stressful. His level of experience and advice offered when difficulties occurred was most useful and appreciated.” Jan & Murray, Sellers Great work delivers results “My house recently sold at auction for a price above my expectations, and I thank Kris Matthews and his team for all the great work they did to enable this to happen. Kris is a very good communicator and always kept me informed of progress. His extensive experience, energy and professionalism were much in evidence. Selling a house is a complicated and stressful experience, and I appreciated his support throughout. I would highly recommend him.” Kay, Seller Going the extra mile appreciated “Kris and his team were an absolute delight to work with. The communication throughout the whole process was amazing and the extra effort they put in by collecting keys, arranging trades, arranging cleaning, etc was invaluable and saved us a lot of time during this busy period. Highly recommend!” Simon, Seller Professional and supportive “Kris was friendly and professional from our first meeting. His knowledge of the local market is excellent, and I couldn’t fault his level of communication. Thank you, Kris, for your guidance and support throughout this process.” Abbey, Seller A word from my clients
Harcourts Property Partners Level 1/44 Benson Street Toowong QLD 4066 harcourts.net/au/office/property-partners An enthusiastic and ethically focused licensed Selling Principal, Kris Matthews is sensitive to the needs of his vendors and committed to providing premium results. Confident and driven to succeed, Kris understands the importance of creating relationships built on trust, accountability and outstanding customer service. Kris attributes his success to understanding the industry and says the job is not about the business of selling a home but about the business of relating to people. He believes every sale is a strategic business transaction and the most important part of that transaction is connecting to everyone involved and alleviating concerns. Kris Matthews Selling Principal 0410 657 985 kris.matthews@harcourts.com.au Your local area expert
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