Brisbane Retail Figures Q1 2026

Key Points:

• Queensland recorded $16,440 m of household spending in February 2026, representing a 5.8% increase y-o-y.
• New floorspace added to the market in Q1 2026 totalled c.12,271 sqm, a significant decrease from the c.24,700 sqm recorded in Q4 2025.
• Brisbane CBD retail vacancy continued to strengthen in H2 2025 by 77 bp to 17.5%, supported by improving office attendance, permanent 50 cent public transport fares and enhanced accessibility from new infrastructure and transport projects.
• All retail categories recorded net face rental growth across Q1 2026, largely driven by limited new supply.
• Investment sales over the quarter reached $787 million (for transactions > $5m), well above the 10-year quarterly average of $560 million.
• Quarterly yields for LFR compressed by 22bp to 6.09% while regional shopping centers tightened by 8bp to 5.87% and sub-regional by 6bp to 6.42%. Yields across all other retail segments remained unchanged