Brisbane Retail Figures Q4 2025

Key Points: 

• Queensland recorded $16,200m of household spending in November 2025, representing a 6.6% increase y-o-y.
• New floorspace added to the market in Q4 2025 totalled c.24,700 sqm, slightly up from the c.24,000 sqm recorded in the prior quarter.
• 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 Q4 2025, largely driven by limited new supply.
• Investment sales over the quarter saw significant growth totaling $2.1 billion (for sales > $5m), well above the 10-year quarterly average of $560 million.
• Yields remained broadly stable across all asset classes in the December quarter except for LFR assets, which tightened by 12.5bps to 6.31%.