Queensland land market defies national slump with record-breaking price growth.

Oliver Hume Property Group CEO Julian Coppini said SEQ’s strength reflected deep underlying demand. South-East Queensland buyers are paying a record $540,900 for a block of land as the region’s greenfield market splits from a national property slowdown. The median price for a patch of dirt in the Sunshine State’s southeast corner jumped 2.4 per cent in the June quarter, pushing annual land price growth to a nation-leading 22.7 per cent. Buyers also stormed back into sales offices, driving quarterly lot transactions up 21.1 per cent to 1,117 lots, a huge 26.8 per cent leap compared to the same time last year. The latest Oliver Hume Land Index and Residential Outlook shows SEQ was the only land market in Australia to record a rise in its overall Index score during the June quarter, climbing from 6.3 to 6.4. Queenslanders are paying more than half a million dollars for a patch of dirt Nationally, the June quarter brought the highest level of economic uncertainty in more than two years. The Reserve Bank of Australia delivered three rate hikes in early 2026, with financial markets fully pricing in a fourth before any rate-cutting cycle begins in mid-2027. Meanwhile, investor tax changes...