Brisbane House Prices 2026 — Brisbane Property Market Update and Suburb Guide

Brisbane House Prices 2026 — Overview

Brisbane's property market has been one of Australia's best performers in recent years, driven by strong interstate migration from Sydney and Melbourne, the upcoming 2032 Brisbane Olympic and Paralympic Games infrastructure program, and a relative affordability advantage compared to southern capitals. Median house prices across greater Brisbane have surged significantly and the city is no longer the "affordable alternative" it was prior to 2020.

Brisbane Median Property Prices

• Median house price (Greater Brisbane) — Approximately $850,000 to $900,000 across greater Brisbane as of 2025-26. Brisbane has been one of the fastest-appreciating capital city markets in Australia in recent years.
• Median unit/apartment price (Greater Brisbane) — Approximately $570,000 to $620,000 for units and apartments across greater Brisbane. South Brisbane and West End have a significant apartment market.
• Inner Brisbane (5km from CBD) — Paddington, Bardon, Red Hill, New Farm, Fortitude Valley and West End range from $1.2 million to over $2.5 million for houses.
• Middle ring suburbs (10-20km) — Camp Hill, Coorparoo, Bulimba, Ashgrove, Indooroopilly and the north-side suburbs offer houses typically from $850,000 to $1.5 million.
• Outer Brisbane and SE Queensland growth corridors — Springfield, North Lakes, Ipswich, Logan and the Moreton Bay region provide more affordable entry points from $550,000 to $800,000.

2032 Olympics Effect on Brisbane Property

The Brisbane 2032 Olympic and Paralympic Games is a significant long-term driver for Brisbane property. Infrastructure investments across south-east Queensland — new venues, transport upgrades, the Olympic Village precinct development at Hamilton — are expected to support property values in key Olympic corridors and the inner city.

First Home Buyers in Brisbane

The Queensland Government First Home Owner Grant and federal Home Guarantee Scheme assist eligible buyers. Queensland stamp duty concessions for first home buyers are available below eligible thresholds — see qld.gov.au for current settings.

Current Brisbane Property Data

For current Brisbane property prices and suburb data, visit domain.com.au, realestate.com.au or the Real Estate Institute of Queensland at reiq.com.

This article was compiled by AI and screened before publishing. See our editorial standards.