Brisbane CBD Office Figures Q2 2026

Key Points: 

• Activity in the Brisbane CBD leasing market has been improved in 2026 compared to 2025.  
• Total net absorption in the Brisbane CBD was 38,800 sqm for H1 2026, with 48,800 sqm over the past 12 months.
• Total vacancy declined to just 10.2% from 11.8%, due to the significant net absorption recorded over the 6 months.
• Prime gross face rents grew by 3.2% q-o-q and 11.7% y-o-y in Q2 2026. Incentives declined by 26 bps during the quarter to average 38.6%.
• The office investment market in Brisbane has steadily improved after a relatively quiet Q1.
• Prime CBD yields were steady in Q2 2026 at 6.83%, after tightening at the end of last year from 7.06%.