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Property Market in Brisbane

Brisbane's property market has experienced significant growth driven by strong interstate migration from Sydney and Melbourne. Major infrastructure projects including Cross River Rail and the Brisbane 2032 Olympic venues are reshaping demand across inner-city and suburban corridors.

Median House Price

$900,000

Median Unit Price

$530,000

Buying a median-priced house in Brisbane at $900,000 involves more than just the purchase price. Estimated upfront costs include approximately $26,350 in stamp duty, $1,800 for conveyancing, and $1,200 for building and pest inspections — totalling around $29,350 in additional costs on top of your deposit. Use the calculator above for a detailed breakdown.

Buying Property in Brisbane

The surge of interstate migrants from Sydney and Melbourne has compressed Brisbane's traditional affordability advantage — inner-city suburbs like New Farm, Paddington, and Ascot now trade at prices that surprise newcomers expecting a discount. Flood zone awareness is non-negotiable in Brisbane: properties in identified flood-affected areas along the Brisbane River and Oxley Creek may carry insurance premiums exceeding $5,000 per year, and buyers should check the Brisbane City Council FloodWise maps before shortlisting any property. Suburban growth corridors around Springfield, North Lakes, and Ripley are delivering new housing stock, but buyers should weigh the commute time against inner-city alternatives where older Queenslander homes on large blocks offer renovation potential.

Brisbane Suburb Prices

SuburbMedian HouseMedian UnitProfile
Paddington$1,500,000$580,000View
South Brisbane$1,400,000$620,000View
Indooroopilly$1,350,000$530,000View
Carindale$1,100,000$600,000View
Chermside$850,000$480,000View
Property Purchase Costs Brisbane (2026) — Total Buying Costs