
10/10/2025
Queensland’s commercial market is poised for long-term growth
Queensland’s commercial property market is entering a new growth phase, with a combination of population gains, infrastructure spending, and sector diversification setting the stage for sustained investor interest, according to new research from JLL.
Brisbane has emerged as Australia’s most stable CBD office market, with low volatility in vacancy rates and a 12% rise in white-collar employment over the past decade. Key sectors like healthcare, finance, and education are fuelling this growth.
Retail is also strengthening, with Queensland leading the country in shopping centre turnover growth. But demand is now outstripping supply. JLL says the state needs 2.6 times more retail space than is currently planned over the next five years.
Meanwhile, infrastructure investment is high. Queensland is investing 5.7% of GSP annually, well above NSW and Victoria, driving industrial and logistics activity and creating further momentum.