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Kooky
Builder of Shaka, the payment router that pays every agent their commission on closing date.
About Kooky and Shaka →New listings in Brisbane were 22 per cent higher in June 2026 than in June 2025, according to a PropTrack analysis of realestate.com.au data reported by Broker News on 23 July 2026. Total active listings in the city were 11 per cent higher than a year earlier. Perth and Adelaide show the same pattern, and the analysis treats the three cities together as markets where buyers have choice again after years of tight stock.
For a Queensland seller the number confirms something and complicates something. It confirms that more owners chose to list this winter than last. It complicates the picture because two other providers, counting the same city over the same month, have published different figures. The differences are not errors. Each firm measures a slightly different thing, and a vendor who understands what is being counted can read all three.
PropTrack analysis of realestate.com.au data for June 2026, as reported by Broker News on 23 July 2026.
What PropTrack counted
PropTrack is the research arm of the company behind realestate.com.au, and its listing figures are drawn from properties advertised on that site. Its June snapshot compares the month with the same month a year earlier, which removes the seasonal effect: June is always quieter than May, so only a June-to-June comparison shows whether this winter is busier than the last.
On that basis the three mid-sized capitals stand apart from the rest of the country.
| City | New listings | Total active listings |
|---|---|---|
| Brisbane | +22% | +11% |
| Perth | +25% | +2% |
| Adelaide | +18% | +11% |
PropTrack, as reported by Broker News, 23 July 2026.
The gap between the two columns is itself informative. In Perth, new listings are up by a quarter while the total is barely higher than last year, which means homes are still selling about as fast as they arrive. In Brisbane the total has risen by half as much as the inflow, and in Adelaide by rather more than half, so a larger part of the new stock is staying on the market.
Related readSelling a Queensland home with a mortgage: how the release worksThe background to all three is the same. Broker News notes that prices in these cities climbed between 13 and 21 per cent during 2025, and that price growth cooled in June across all three, with small declines following those sharp gains. The analysis names interest rates as the dominant factor behind the slowdown.
Two qualifiers from the economist
PropTrack senior economist Angus Moore attached two cautions to the figures, according to the Broker News report.
The first concerns the base. Part of the increase reflects how quiet 2025 was: a percentage rise from a low starting point looks larger than the same number of extra homes would against a normal year. Mr Moore nonetheless found that recent months have "run above the typical seasonal pattern", so the rise is not only a low base.
The second concerns the level. Even after an 11 per cent annual increase, total active listings remain "well below pre-pandemic norms", in his words. A Brisbane buyer has more to choose from than a year ago and still fewer homes than a buyer in the same suburb would have found before 2020.
Both cautions cut against reading the headline as a flood of stock. The market described is one that is returning toward ordinary levels of choice from an unusually tight position, at a time when demand has softened.
Three providers, three numbers
Sellers who follow the monthly releases will have seen other Brisbane figures for June that do not match PropTrack's. They come from SQM Research and Cotality, and they differ in what is counted and what it is compared with.
Related readSelling a tenanted property in Queensland: notice, entry, tenant rights| Provider | Measure | Comparison | Result |
|---|---|---|---|
| SQM Research | Total listings | June 2025 | +8.0% |
| SQM Research | New listings, under 30 days | May 2026 | -5.5% |
| Cotality | Total advertised listings | A year earlier | +13.6% |
| Cotality | New listings | A year earlier | +11% |
SQM Research release of 6 July 2026; Cotality figures as reported by API Magazine on 6 July 2026 and Real Estate Business in its June market update.
The SQM new-listings figure is the one most likely to cause confusion, because it has a minus sign. It compares June with May, and May was an exceptionally busy month in which Brisbane's total rose 18.5 per cent. A fall from May to June is the normal winter step down. PropTrack's 22 per cent compares June with the June before. Both can be true at once: fewer owners listed in June than in May, and many more than in the previous June.
On the annual comparisons, the three providers give 8.0 per cent, 11 per cent and 13.6 per cent for total stock and 11 per cent and 22 per cent for new stock. Each draws on its own set of advertisements and its own definition of a new listing. Cotality's measure has also been moving quickly: Smart Property Investment reported its annual growth in new Brisbane listings at 35.4 per cent in May before the 11 per cent recorded for June, a reminder that one month's reading from any single provider can swing.
What matters to a vendor is that none of the measures points the other way. Every annual comparison published for June shows more Brisbane homes for sale than a year ago.
Check what a listings figure is compared with
A June figure set against May mostly shows the season. The same figure set against the previous June shows the change in the market. PropTrack's 22 per cent and SQM's minus 5.5 per cent describe the same month from those two angles.
There is a simple habit that makes any listings figure easier to use. Before taking in the percentage, find three things: whether it counts new listings or all listings, which month it is compared with, and whose advertisements it is drawn from. A figure that answers all three can be set beside another that does the same. A figure quoted without them, as often happens when a statistic is repeated at second or third hand, cannot be compared with anything.
Related readSmoke alarm rules a Queensland seller must meet before settlementWhat more choice changes for a seller
When new listings grow faster than sales, three things tend to change for the people selling, and the published figures for Brisbane are consistent with each of them.
Homes take longer. Cotality's median time on market for Brisbane was 18 days in May, as reported by Smart Property Investment on 8 June. A growing total against a slower inflow, which is what SQM recorded in June, implies that figure is lengthening.
Buyers compare. In a suburb where two similar houses were for sale last winter and four are now, each vendor's price is tested against three alternatives instead of one. The quality of presentation, the accuracy of the opening price and the completeness of the paperwork that Queensland law now requires before a buyer signs all carry more weight when a buyer can walk to the next open home.
Prices stop running ahead of the listing. Cotality's index showed growth in Brisbane values over the June quarter of 1.3 per cent, against 3.4 per cent in the previous reading, according to API Magazine. A vendor who lists in a market slowing at that rate cannot rely on growth during the campaign to close a gap between an ambitious asking price and the offers received.
The outlook figures, and their status
The Broker News report cites mid-year outlooks that expect Perth prices to finish 2026 about 8 per cent higher and Brisbane and Adelaide about 5 per cent higher. Those are forecasts and should be read as such. They were made by the forecasters named in those outlooks on the information available at mid-year, they concern the calendar year as a whole, much of which is already in the past, and they are not statements about any individual home.
For Brisbane, a year that ends about 5 per cent higher after annual growth of 17.4 per cent to June, the figure API Magazine reports from Cotality, would imply a much flatter second half than first. That is arithmetic about the forecast, not a prediction of this magazine's.
Spring will be the test
PropTrack's analysis ends on the season ahead. It flags the spring selling period as the real test of whether the improvement in supply lasts, according to Broker News.
Spring matters because it is when the largest number of Queensland owners traditionally list. If the extra winter stock is a sign that owners are bringing sales forward, spring may add less than usual. If it marks a general return of sellers, the spring count will build on a total that is already 11 per cent above last year's on PropTrack's measure. The first evidence will come at the start of August, when SQM Research and Cotality publish their July figures, followed by PropTrack's own monthly reading.
Until then, the June numbers give a seller one firm fact and one open question. The fact is that there are more homes for sale in Brisbane than a year ago, on every published measure. The question is whether buyers return in spring in the same proportion.
Kooky, from Shaka
Kooky edits Queensland Estate and builds Shaka, the payment router he made for Queensland property professionals. One payment comes in, and every agent, agency and party in the deal receives their signed share on closing date.
