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This article explains the current housing prices in Brisbane in 2026, using the latest market data available for June 2026.
We constantly update this Brisbane property price guide, because the Brisbane housing market has been moving quickly.
You will find simple price ranges for houses, apartments, townhouses, neighborhoods, buyer costs, and different budgets.
And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Brisbane.
Insights
- The median housing price in Brisbane in 2026 is now about A$1.13 million, which means Brisbane is no longer a low-cost Australian property market.
- The average housing price in Brisbane in 2026 is closer to A$1.28 million, because expensive houses in river and prestige suburbs pull the average up.
- Brisbane apartments remain much cheaper than detached houses, but the gap is narrowing because buyers priced out of houses are moving into units.
- A US$500,000 budget gives a buyer about A$708,000 in Brisbane in June 2026, which is enough for many normal apartments but not most family houses.
- The Brisbane property market in 2026 is still shaped by low supply, strong population growth, interstate migration, and the long 2032 Olympics pipeline.
- In Brisbane in 2026, the biggest price-per-square-metre premiums are usually found in New Farm, Teneriffe, Bulimba, Hamilton, and inner-city river locations.
- Buying costs in Brisbane usually add 5% to 8% to the purchase price before major renovation, and foreign buyers may pay much more because of extra duty.
- New homes in Brisbane usually cost 12% to 25% more than comparable older homes, mostly because construction costs and turnkey scarcity remain high.
- The Brisbane housing price rise looks large in nominal terms, but inflation matters, so the real one-year increase is lower than the headline growth rate.
What is the average housing price in Brisbane in 2026?
The median housing price in Brisbane is usually more useful than the average housing price, because the median is not pushed up as much by very expensive riverfront houses and prestige family homes.
We are writing this Brisbane property price article as of 2026, using the latest June 2026 data we collected from authoritative sources and manually double checked.
In June 2026, the median housing price in Brisbane is about A$1.13 million, which is about US$795,000 and about €688,000. The average housing price in Brisbane in 2026 is higher, at about A$1.28 million, which is about US$904,000 and about €783,000.
For about 80% of normal residential properties in Brisbane in 2026, a realistic buying range is about A$620,000 to A$2.05 million, or about US$438,000 to US$1.45 million, or about €379,000 to €1.25 million.
A realistic entry range in Brisbane in 2026 is about A$600,000 to A$850,000, or about US$423,000 to US$600,000, or about €367,000 to €520,000, which can buy an older 1-bedroom or compact 2-bedroom apartment in areas such as Brisbane City, Fortitude Valley, Chermside, or South Brisbane.
A typical luxury property in Brisbane in 2026 costs about A$2.5 million to A$5.5 million, or about US$1.77 million to US$3.88 million, or about €1.53 million to €3.36 million, which can buy a renovated 4-bedroom or 5-bedroom family house in New Farm, Teneriffe, Ascot, Hamilton, or Bulimba.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Brisbane.
We checked the result against REIQ March-quarter medians and ABS dwelling-value statistics.
We converted all amounts using RBA spot rates for 9 June 2026.
Are Brisbane property listing prices close to the actual sale price in 2026?
In Brisbane in 2026, we estimate that final sale prices are usually about 2% to 4% away from the first serious listing price or price expectation.
This gap is fairly small because Brisbane still has tight housing supply and enough buyers for good family homes, well-located apartments, and renovated stock. The gap varies most for apartments with high body corporate fees, homes needing renovation, and prestige properties where the seller may start with an ambitious price.
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What is the price per sq m or per sq ft for properties in Brisbane in 2026?
As of 2026, the median housing price intensity in Brisbane is about A$9,800 per sq m, or about US$6,917 and €5,991 per sq m, which is about A$910 per sq ft, or about US$642 and €557 per sq ft. The average Brisbane housing price intensity is about A$10,900 per sq m, or about US$7,693 and €6,663 per sq m, which is about A$1,013 per sq ft, or about US$715 and €619 per sq ft.
The highest price per sq m in Brisbane in 2026 is usually found in compact inner-city apartments, riverfront apartments, and prestige homes, while the lowest price per sq m is usually found in older houses or townhouses farther from the city centre because land is less scarce there.
The highest Brisbane price-per-sqm ranges are usually in Teneriffe, New Farm, Bulimba, Hamilton, West End, and South Brisbane, with rough ranges of A$10,000 to A$22,000 per sq m depending on the property. The lowest ranges are more likely in Inala, Acacia Ridge, Zillmere, Deception Bay, and parts of Ipswich or Logan in Greater Brisbane, where prices can be closer to A$4,500 to A$8,000 per sq m.
We compared those numbers with realestate.com.au suburb profiles and public suburb-level market evidence.
We estimated square-metre prices from typical apartment, townhouse, and house sizes, so these are practical market ranges, not official floor-area statistics.
How have property prices evolved in Brisbane?
Brisbane property prices in 2026 are about 19% higher than one year earlier, with the median dwelling price rising from roughly A$946,000 to about A$1.13 million. This happened because housing supply stayed tight while demand remained strong from local buyers, interstate movers, and investors.
Compared with two years earlier, Brisbane property prices are much higher, because the market kept rising after the pandemic-era re-rating of Brisbane as a lifestyle and growth city. Higher building costs also made many buyers compete for existing homes instead of waiting for new supply.
By the way, we’ve written a blog article detailing the latest updates on property price variations in Australia.
Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Brisbane.
We used QGSO Brisbane CPI data to separate nominal growth from inflation-adjusted growth.
We cross-checked the direction with PropTrack and REIQ.
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How do prices vary by housing type in Brisbane in 2026?
In Brisbane in 2026, we estimate that detached houses represent about 52% of the buyer-visible market, apartments and units about 34%, townhouses about 9%, duplex or semi-detached homes about 3%, prestige villas or large luxury homes about 1.5%, and renovation or knockdown houses about 0.5%, because Brisbane is still a house-led city but apartments are becoming more important.
Detached houses in Brisbane average around A$1.32 million, or about US$932,000 and €807,000, while apartments and units average around A$920,000, or about US$649,000 and €562,000. Townhouses average around A$1.05 million, or about US$741,000 and €642,000, duplex homes average around A$1.15 million, or about US$812,000 and €703,000, and prestige large homes can average around A$3.8 million, or about US$2.68 million and €2.32 million.
If you want to know more, you should read our dedicated analyses:
- How much should you pay for a house in Brisbane?
- How much should you pay for an apartment in Brisbane?
- How much should you pay for a townhouse in Brisbane?
We compared the split with REIQ March-quarter house and unit medians.
We estimated smaller categories, such as townhouses and duplexes, from public listing patterns and local market structure.
How do property prices compare between existing and new homes in Brisbane in 2026?
In Brisbane in 2026, new homes usually cost about 12% to 25% more than comparable existing homes, with the premium often lower for apartments and higher for houses or townhouses.
This premium exists because new construction in Brisbane is expensive, and many buyers are willing to pay more for a home that does not need renovation, repairs, or long project management.
We checked whether the premium made sense against ABS dwelling-value data and market evidence.
We treated the new-build premium as a practical estimate, because there is no single official Brisbane new-versus-old price table.
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How do property prices vary by neighborhood in Brisbane in 2026?
New Farm is one of the most expensive Brisbane neighborhoods in 2026, with apartments, renovated Queenslanders, and luxury houses often selling from about A$2.2 million to A$3.8 million, or about US$1.55 million to US$2.68 million, or about €1.34 million to €2.32 million. Prices are high because New Farm combines lifestyle, restaurants, river access, walkability, and a strong prestige image.
West End is a popular inner Brisbane neighborhood in 2026, with apartments, townhouses, and older houses often priced from about A$850,000 to A$1.45 million, or about US$600,000 to US$1.02 million, or about €520,000 to €887,000. Prices are supported by its international feel, cafés, culture, South Bank access, and short commute to the CBD.
Indooroopilly is a family-focused Brisbane neighborhood in 2026, with detached houses, townhouses, and some apartments often priced from about A$1.2 million to A$1.9 million, or about US$847,000 to US$1.34 million, or about €734,000 to €1.16 million. Prices are supported by schools, transport, shopping, and strong demand from families.
You will find a much more detailed analysis by areas in our property pack about Brisbane. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Brisbane neighborhood | Market label | Average price range | Average range per sq m | Average range per sq ft |
|---|---|---|---|---|
| Teneriffe | Prestige and river | A$2.6m to A$4.2m US$1.84m to US$2.96m |
A$15k to A$22k US$10.6k to US$15.5k |
A$1,394 to A$2,044 US$984 to US$1,443 |
| New Farm | Lifestyle and expat | A$2.2m to A$3.8m US$1.55m to US$2.68m |
A$14k to A$20k US$9.9k to US$14.1k |
A$1,301 to A$1,858 US$918 to US$1,311 |
| Ascot | Family prestige | A$2.0m to A$3.4m US$1.41m to US$2.40m |
A$11k to A$17k US$7.8k to US$12.0k |
A$1,022 to A$1,579 US$721 to US$1,114 |
| Hamilton | River and commute | A$1.8m to A$3.0m US$1.27m to US$2.12m |
A$11k to A$16k US$7.8k to US$11.3k |
A$1,022 to A$1,487 US$721 to US$1,050 |
| Bulimba | Family lifestyle | A$1.8m to A$2.8m US$1.27m to US$1.98m |
A$11k to A$16k US$7.8k to US$11.3k |
A$1,022 to A$1,487 US$721 to US$1,050 |
| Paddington | Character and city fringe | A$1.6m to A$2.5m US$1.13m to US$1.76m |
A$10k to A$15k US$7.1k to US$10.6k |
A$929 to A$1,394 US$656 to US$984 |
| West End | Popular and urban | A$850k to A$1.45m US$600k to US$1.02m |
A$10k to A$14k US$7.1k to US$9.9k |
A$929 to A$1,301 US$656 to US$918 |
| South Brisbane | Apartment and CBD access | A$700k to A$1.25m US$494k to US$882k |
A$9k to A$13k US$6.4k to US$9.2k |
A$836 to A$1,208 US$590 to US$853 |
| Indooroopilly | Family and schools | A$1.2m to A$1.9m US$847k to US$1.34m |
A$8.5k to A$12k US$6.0k to US$8.5k |
A$790 to A$1,115 US$558 to US$787 |
| Coorparoo | Family and commute | A$1.2m to A$1.8m US$847k to US$1.27m |
A$8.5k to A$12k US$6.0k to US$8.5k |
A$790 to A$1,115 US$558 to US$787 |
| Chermside | Value and transport | A$650k to A$1.1m US$459k to US$776k |
A$7k to A$10k US$4.9k to US$7.1k |
A$650 to A$929 US$459 to US$656 |
| Inala | Entry and affordability | A$580k to A$850k US$409k to US$600k |
A$4.5k to A$7k US$3.2k to US$4.9k |
A$418 to A$650 US$295 to US$459 |
We checked suburb patterns with realestate.com.au suburb profiles and public market evidence.
We widened each range because Brisbane neighborhoods contain very different goods, from small apartments to large family houses.
How much more do you pay for properties in Brisbane when you include renovation work, taxes, and fees?
In Brisbane in 2026, a normal buyer should usually add about 5% to 8% to the purchase price for taxes, legal costs, inspections, and light buyer costs, or about 12% to 25% if the property needs real renovation work.
A US$200,000 budget is about A$283,000 in Brisbane in June 2026, but this is below the normal residential buying market. If a buyer did find a very small or unusual property near this price, extra costs could still add roughly A$15,000 to A$25,000 before any serious renovation, bringing the total near A$300,000 to A$310,000.
A US$500,000 budget is about A$708,000 in Brisbane in June 2026, which can work for an existing apartment. A buyer should often allow about A$35,000 to A$60,000 for taxes, legal costs, inspections, and light works, so the total cash need could be around A$745,000 to A$770,000.
A US$1,000,000 budget is about A$1.42 million in Brisbane in June 2026, which can buy a strong townhouse, a large apartment, or an entry-to-mid family house. At this price level, buyer costs and light works can easily add about A$80,000 to A$130,000, and a real renovation can push the total far higher.
By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Australia.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Brisbane
| Extra cost | Type | Estimated cost range in Brisbane |
|---|---|---|
| Transfer duty, also called stamp duty | Tax | A$20,000 to A$150,000+, or about US$14,000 to US$106,000+. The exact amount depends on the purchase price and buyer profile. Foreign buyers should also check additional foreign acquirer duty. |
| Additional foreign acquirer duty | Tax | Usually 8% of the dutiable value when it applies, which is about US$56,000 on a A$1 million property. This can materially change the total cost for foreign buyers. |
| Legal and conveyancing fees | Fee | A$1,500 to A$3,500, or about US$1,100 to US$2,500. This covers the legal work needed to review the contract and complete the settlement. |
| Building and pest inspection | Due diligence | A$500 to A$1,200, or about US$350 to US$850. This is a small cost, but it can reveal expensive problems before settlement. |
| Loan, valuation, and settlement costs | Finance and admin | A$1,000 to A$3,000, or about US$700 to US$2,100. The final amount depends on the lender, valuation process, and loan structure. |
| Buyer’s agent | Optional service | Often 1.5% to 2.5% of the purchase price. This is optional, but some interstate or foreign buyers use it to search, inspect, and negotiate. |
| Light apartment refresh | Renovation | A$10,000 to A$40,000, or about US$7,000 to US$28,000. This can cover paint, small fixes, appliances, and basic presentation work. |
| Kitchen or bathroom upgrade | Renovation | A$40,000 to A$120,000, or about US$28,000 to US$85,000. Wet-area works are expensive because they involve trades, compliance, and materials. |
| Full house renovation | Renovation | A$150,000 to A$500,000+, or about US$106,000 to US$353,000+. This can include structural works, layout changes, bathrooms, kitchens, and outdoor areas. |
We used Queensland additional foreign acquirer duty rules where foreign-buyer costs may apply.
We estimated legal, inspection, finance, and renovation costs from practical 2026 Brisbane buying conditions.
We made this infographic to show you how property prices in Australia compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What properties can you buy in Brisbane in 2026 with different budgets?
With US$100,000, or about A$142,000, there is not really a normal residential purchase market in Brisbane in 2026, so this budget is more likely to be a deposit, a parking space, or a non-standard property interest rather than a normal home.
With US$200,000, or about A$283,000, Brisbane is still very difficult for a normal residential purchase in 2026, although a buyer might very rarely find a tiny studio, an unusual restricted property, or a very compromised outer-area unit.
With US$300,000, or about A$425,000, a buyer may find an older studio of 25 to 35 sq m in Brisbane City, a very small 1-bedroom apartment of 35 to 45 sq m in Fortitude Valley, or an older compact unit in an outer area, usually with compromises.
With US$500,000, or about A$708,000, a buyer can look for an existing 1-bedroom apartment of 45 to 60 sq m in Brisbane City or South Brisbane, an existing 2-bedroom apartment of 65 to 80 sq m in Chermside or Nundah, or an older 2-bedroom unit of 70 to 90 sq m near Coorparoo or Indooroopilly.
With US$1,000,000, or about A$1.42 million, a buyer can look for an existing 3-bedroom house of 140 to 180 sq m in Coorparoo or Stafford, a 3-bedroom townhouse of 130 to 170 sq m in Indooroopilly or Carina, or a large 2-bedroom or 3-bedroom apartment of 90 to 130 sq m in West End or South Brisbane.
With US$2,000,000, or about A$2.83 million, a buyer reaches the lower-to-mid luxury market in Brisbane and can look for a renovated 4-bedroom family house of 220 to 300 sq m in Bulimba or Paddington, a prestige 3-bedroom apartment of 150 to 220 sq m in New Farm or Teneriffe, or a 4-bedroom to 5-bedroom renovated house of 280 to 350 sq m in Ascot or Hamilton.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Australia.
What sources have we used to write this blog article?
Whether it’s in our blog articles or the market analyses included in our property pack about Brisbane, we always rely on the strongest methodology we can … and we don’t throw out numbers at random.
We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source used | Why this source is strong | How we used the source |
|---|---|---|
| Cotality / CoreLogic Home Value Index via Brisbane market summaries | This is a widely used residential price index in Australia, and it uses a hedonic method rather than only raw medians. | We used it as the main June 2026 anchor for Brisbane dwelling, house, and unit values. We also used its annual and decade growth figures to estimate past-price comparisons. |
| REIQ March Quarter 2026 median sales data | REIQ is Queensland’s main real estate industry institute and publishes sales-based median data for Queensland markets. | We used it to cross-check the June index values against recent settled sales medians. We especially used it for Brisbane and Greater Brisbane house and unit medians. |
| Australian Bureau of Statistics, Total Value of Dwellings | The ABS is Australia’s official statistics agency. | We used it to sanity-check the broader national dwelling-value level. We did not use it as the only Brisbane source because it is not a suburb-level property-price database. |
| Reserve Bank of Australia | The RBA is Australia’s central bank and publishes official exchange-rate and inflation reference data. | We used the RBA 9 June 2026 AUD/USD and AUD/EUR spot rates for all currency conversions. We also used the RBA inflation context to keep nominal and real changes separate. |
| Queensland Government Statistician’s Office CPI, March 2026 | This is a Queensland Government statistical publication based on ABS CPI data. | We used Brisbane CPI inflation to adjust one-year price changes for inflation. We used the local Brisbane CPI figure where possible instead of only national CPI. |
| Queensland Revenue Office transfer duty rates | This is the official Queensland Government source for stamp duty, called transfer duty in Queensland. | We used it to estimate buyer taxes and transaction costs. We separated normal buying costs from optional renovation costs. |
| Queensland Revenue Office additional foreign acquirer duty | This is the official source for the extra duty that may apply to foreign buyers in Queensland. | We used it to flag the extra cost foreign buyers may face. We did not include it in every base example because it depends on the buyer profile. |
| PropTrack Home Price Index | PropTrack is REA Group’s property-data arm and publishes a recognized Australian home price index. | We used it as a secondary check on market momentum. We did not use it as the only source because the public page is more index-focused than suburb-detail focused. |
| realestate.com.au suburb profiles | realestate.com.au is a major Australian listings marketplace with suburb-level market profiles. | We used it as a directional check for suburb and property-type variation. We treated it as private-sector market evidence, not an official statistic. |
| Australian Bureau of Statistics CPI Australia | The ABS CPI release is the official national inflation source for Australia. | We used it as a national inflation cross-check. We still preferred Brisbane CPI where the local data was available. |
| RBA exchange rates | This is the official RBA page for Australian exchange-rate data. | We used it to keep AUD, USD, and EUR conversions consistent. We rounded the final numbers so readers can understand them quickly. |
| CoreLogic Home Value Index methodology | CoreLogic explains the index family and the logic behind its home-value data. | We used it to understand why hedonic value data is useful for a market like Brisbane. We still relied on the June 2026 Brisbane-specific market summary for the actual local figures. |
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