Authored by the expert who managed and guided the team behind the Australia Property Pack
Yes, the analysis of Brisbane's property market is included in our pack
Brisbane housing prices have changed a lot in recent years, and we know how hard it can be to find reliable, up-to-date information.
This article covers current Brisbane property prices in 2026, with data we constantly update to keep it accurate.
We break down prices by property type, neighborhood, and budget so you can get a clear picture of the market.
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
- Brisbane median dwelling prices crossed the A$1 million mark in 2025, reaching about A$1,016,000 in January 2026, which means many Brisbane buyers now need seven-figure budgets for an average home.
- Units in Brisbane have outpaced houses in growth rate, with apartments rising nearly 16% year-on-year compared to 12% for houses, narrowing the traditional price gap between the two.
- The entry point for buying in Brisbane now starts around A$450,000 to A$600,000, which typically gets you an older one or two bedroom unit in the outer suburbs.
- Brisbane property prices have more than doubled over the past decade, with a nominal increase of about 117% since 2015, though the real (inflation-adjusted) gain is closer to 60%.
- Prestige Brisbane suburbs like Ascot and New Farm command prices between A$8,500 and A$12,000 per square meter, roughly triple what you would pay in value suburbs like Acacia Ridge.
- Transaction costs in Brisbane (including stamp duty, registration, and conveyancing) typically add 4% to 6% on top of the purchase price, with higher percentages applying to more expensive properties.
- Brisbane listing prices tend to land within about 5% of the final sale price, with a slight upward bias of around 1% in competitive neighborhoods where multiple buyers often compete.
- New and near-new properties in Brisbane carry a premium of 10% to 20% for units and 5% to 15% for houses compared to older stock, driven by construction costs and buyer demand for move-in ready homes.
What is the average housing price in Brisbane in 2026?
The median housing price is more useful than the average in Brisbane because a small number of very expensive prestige homes can push the average up, making the median a better reflection of what most buyers actually pay.
We are writing this as of the first half of 2026, using the latest November 2025 market data from authoritative sources like Cotality (formerly CoreLogic) and the Reserve Bank of Australia, which we manually verified.
The median dwelling price in Brisbane in 2026 is approximately A$1,016,000 (about $682,000 or €578,000), while the estimated average (mean) price is higher at around A$1.27 million ($852,000 or €723,000) because expensive properties pull the average up. Brisbane houses specifically have a median of A$1.11 million ($745,000 or €632,000), while units sit lower at A$793,000 ($532,000 or €451,000).
About 80% of Brisbane residential properties in 2026 fall within a price range of A$600,000 to A$1.8 million ($402,000 to $1.21 million or €341,000 to €1.02 million).
A realistic entry range for Brisbane property in 2026 is A$450,000 to A$600,000 ($302,000 to $403,000 or €256,000 to €341,000), which typically gets you an older one or two bedroom unit around 55 to 80 square meters in an outer or middle ring suburb like Acacia Ridge, usually needing some renovation work.
Luxury properties in Brisbane in 2026 typically range from A$3.5 million to A$10 million or more ($2.35 million to $6.71 million or €1.99 million to €5.69 million), which would get you a five bedroom riverfront home of 300 to 450 square meters in prestige pockets like Bulimba, Ascot, or Hamilton, often with high-end renovations or new construction.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Brisbane.
Are Brisbane property listing prices close to the actual sale price in 2026?
In Brisbane in 2026, the estimated difference between listing prices and final sale prices is typically within plus or minus 5%, with an average bias of about 1% above the asking price in competitive areas.
This happens because Brisbane sellers often use pricing strategies like "Offers over..." to attract more inspections, which can push final prices above the initial guide. The gap is largest in family homes within good school catchments and inner ring suburbs where limited supply meets strong demand, sometimes resulting in sales well above the listed price.
Get fresh and reliable information about the market in Brisbane
Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.
What is the price per sq m or per sq ft for properties in Brisbane in 2026?
As of early 2026, the median price per square meter in Brisbane is approximately A$5,870 per sqm ($3,940 per sqm or €3,340 per sqm), which works out to about A$545 per sqft ($366 per sqft or €310 per sqft). The average price per square meter tends to run about 20% to 25% higher than the median because expensive prestige properties push up the mean.
In Brisbane in 2026, small well-located apartments with views or river access have the highest price per square meter, while larger homes in outer suburbs and older walk-up units without lifts or parking have the lowest price per square meter because you are paying less for "non-premium" space.
The highest prices per square meter in Brisbane in 2026 are found in prestige suburbs like Ascot and New Farm, ranging from A$8,500 to A$12,000 per sqm ($5,700 to $8,050 per sqm). The lowest prices per square meter are in value suburbs like Acacia Ridge, ranging from A$3,500 to A$5,000 per sqm ($2,350 to $3,350 per sqm).
How have property prices evolved in Brisbane?
Compared to one year ago, Brisbane dwelling prices in 2026 have risen about 12.8%, with units growing even faster at nearly 16%. This strong growth happened because buyer demand stayed high while housing supply remained tight, and borrowing capacity improved slightly as interest rate pressure eased.
Looking back ten years to 2015, Brisbane house prices have more than doubled with a nominal increase of about 117%. In real terms (adjusting for Brisbane inflation), the increase is closer to 60%, driven by strong population growth, limited supply of established homes in desirable suburbs, and a decade that included very low interest rates.
By the way, we've written a blog article detailing the latest updates on property price variations in Brisbane.
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 did some research and made this infographic to help you quickly compare rental yields of the major cities in Australia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What types of properties are available in Brisbane and how do prices vary in 2026?
In Brisbane in 2026, about 65% to 75% of the market consists of detached houses, 10% to 15% are townhouses or semi-detached homes, and 15% to 25% are apartments or units, reflecting Brisbane's historically suburban character with a growing apartment sector in inner areas.
As of early 2026, detached houses in Brisbane have a median price of about A$1.11 million ($745,000 or €632,000), while apartments and units sit around A$795,000 ($533,000 or €452,000). Townhouses typically fall between A$850,000 and A$1.05 million ($570,000 to $705,000 or €484,000 to €597,000), older low-rise units range from A$550,000 to A$750,000 ($369,000 to $503,000 or €313,000 to €427,000), newer high-rise apartments range from A$750,000 to A$1.05 million ($503,000 to $705,000 or €427,000 to €597,000), and prestige river or character houses start at A$3.5 million and go well above A$10 million ($2.35 million to $6.71 million or more).
If you want to know more, you should read our dedicated analyses:
- How much do properties cost in Brisbane?
- 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?
- How much should you pay for a studio in Brisbane?
- How much should you pay for a duplex in Brisbane?
How do property prices compare between existing and new homes in Brisbane in 2026?
In Brisbane in 2026, newer or near-new properties typically carry a premium of about 10% to 20% for units and apartments, and about 5% to 15% for houses compared to older existing stock.
This premium exists because buyers pay extra to avoid construction delays and uncertainty, and new builds offer better energy efficiency and lower maintenance costs, which means fewer surprise repairs in the first years of ownership.
Buying real estate in Brisbane can be risky
An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.
How do property prices vary by neighborhood in Brisbane in 2026?
New Farm is one of the most popular Brisbane neighborhoods among expats in 2026, offering a mix of apartments and high-end houses with river access and strong cafe culture. Prices here range from A$1.2 million to A$3 million ($805,000 to $2 million or €683,000 to €1.71 million), reflecting its walkability and proximity to the CBD.
West End attracts buyers looking for a vibrant, diverse neighborhood with both character homes and newer apartments in Brisbane in 2026. Prices range from A$850,000 to A$1.9 million ($570,000 to $1.27 million or €484,000 to €1.08 million), driven by its lifestyle appeal and inner-south location.
For buyers seeking value in Brisbane in 2026, suburbs like Acacia Ridge offer entry-level pricing from A$550,000 to A$900,000 ($369,000 to $604,000 or €313,000 to €512,000). These outer ring areas are more affordable because they are further from the CBD and have fewer lifestyle amenities, but they provide a realistic path to homeownership.
You will find a much more detailed analysis by areas in our property pack about Brisbane. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Neighborhood | Profile | Price Range (A$ / $) | Per sqm (A$ / $) | Per sqft (A$ / $) |
|---|---|---|---|---|
| Ascot | Prestige / schools | A$2.2m-3.5m / $1.48m-2.35m | A$8,500-12,000 / $5,700-8,050 | A$790-1,115 / $530-748 |
| Paddington | Inner-west / character | A$1.5m-2.4m / $1.01m-1.61m | A$7,000-10,500 / $4,700-7,045 | A$650-975 / $436-654 |
| West End | Inner-south / lifestyle | A$850k-1.9m / $570k-1.27m | A$6,500-10,500 / $4,360-7,045 | A$600-975 / $403-654 |
| New Farm | Expats / river | A$1.2m-3m / $805k-2.01m | A$7,500-12,000 / $5,030-8,050 | A$700-1,115 / $470-748 |
| Teneriffe | Expats / riverside | A$1m-2.2m / $671k-1.48m | A$8,000-12,500 / $5,367-8,386 | A$740-1,160 / $497-778 |
| Bulimba | Family / river | A$1.1m-2.8m / $738k-1.88m | A$7,000-11,500 / $4,700-7,715 | A$650-1,070 / $436-718 |
| Hamilton | Prestige / commute | A$1m-2.6m / $671k-1.74m | A$6,800-11,000 / $4,562-7,380 | A$630-1,020 / $423-684 |
| Indooroopilly | Family / train | A$850k-1.6m / $570k-1.07m | A$5,200-8,000 / $3,489-5,367 | A$480-740 / $322-497 |
| Carindale | Family / suburban | A$800k-1.4m / $537k-939k | A$4,700-7,000 / $3,153-4,696 | A$435-650 / $292-436 |
| Chermside | Commute / value | A$650k-1.05m / $436k-704k | A$4,200-6,200 / $2,818-4,160 | A$390-575 / $262-386 |
| Sunnybank | Family / food hub | A$750k-1.3m / $503k-872k | A$4,500-6,800 / $3,019-4,562 | A$420-630 / $282-423 |
| Acacia Ridge | Entry / value | A$550k-900k / $369k-604k | A$3,500-5,000 / $2,348-3,354 | A$325-465 / $218-312 |
How much more do you pay for properties in Brisbane when you include renovation work, taxes, and fees?
In Brisbane in 2026, transaction costs (including stamp duty, title registration, and conveyancing) typically add about 4% to 6% on top of the purchase price, with the percentage increasing as the property price goes up.
If you buy a Brisbane property around $200,000 (about A$298,000), there is very limited mainstream residential stock at this level in 2026. Most transactions at this price point involve partial ownership arrangements or non-standard properties rather than typical homes, so standard transaction cost calculations may not apply.
For a Brisbane property around $500,000 (about A$745,000), you would pay approximately A$26,000 to A$30,000 ($17,400 to $20,100) in transaction costs, covering stamp duty of around A$23,000, registration fees of about A$2,800, and conveyancing of about A$2,500, bringing your total outlay to roughly A$775,000 ($520,000).
For a Brisbane property around $1,000,000 (about A$1.49 million), you would pay approximately A$68,000 to A$75,000 ($45,600 to $50,300) in transaction costs, including stamp duty of around A$60,000, registration fees of about A$6,500, and conveyancing of about A$2,500, bringing your total outlay to roughly A$1.56 million ($1.05 million).
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Brisbane
| Expense | Type | Estimated Cost Range and Explanation |
|---|---|---|
| Transfer duty (stamp duty) | Tax | A$15,000-95,000 / $10,000-63,700. This is Queensland's main property tax, calculated on a sliding scale. For a A$600,000 property it is about A$20,000, for A$1 million about A$38,000, and for A$2 million about A$95,500. |
| Title registration and lodgement | Fee | A$1,000-9,000 / $670-6,040. These are fees paid to Titles Queensland when registering the property transfer. The amount scales with property value, starting around A$2,100 for lower-priced homes and reaching A$8,400 or more for properties around A$2 million. |
| Conveyancing and searches | Service | A$1,800-4,000 / $1,200-2,680. This covers the legal work to transfer ownership, including title searches, contract review, and settlement. Most Brisbane transactions fall around A$2,500 for standard conveyancing. |
| Building and pest inspection | Due diligence | A$500-1,000 / $335-670. A professional inspection before purchase to identify structural issues or pest damage. This is standard practice in Brisbane and highly recommended for any established property. |
| Cosmetic refresh | Renovation | A$20,000-60,000 / $13,400-40,250. This covers painting, new flooring, light fixtures, and minor updates. Common for older Brisbane properties that are livable but dated. |
| Kitchen and bathroom upgrade | Renovation | A$60,000-180,000 / $40,250-120,750. A mid-range to high-end renovation of wet areas. Kitchen renovations in Brisbane typically start around A$30,000 each, with bathrooms from A$15,000 each. |
| Full renovation or extension | Renovation | A$200,000-600,000+ / $134,200-402,500+. Major structural work, room additions, or complete home renovation. Costs vary significantly based on scope, with Brisbane construction costs running high due to labor demand. |
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 $100,000 (about A$149,000) in Brisbane in 2026, there is essentially no mainstream residential market at this price level because even the most affordable units start well above this budget, so this amount would only cover car spaces, tiny regional lots outside Greater Brisbane, or partial ownership arrangements.
With $200,000 (about A$298,000) in Brisbane in 2026, you are still below the typical entry point for residential property, though you might find very distressed stock or non-standard arrangements because standard one bedroom units in outer suburbs start closer to A$400,000.
With $300,000 (about A$447,000) in Brisbane in 2026, you enter true entry-level territory and could buy an older one bedroom unit of about 50 to 60 square meters in an outer suburb like Acacia Ridge, a small two bedroom unit of about 70 square meters in a value pocket with minimal parking, or a studio in a larger complex needing cosmetic work.
With $500,000 (about A$745,000) in Brisbane in 2026, you have a solid entry-to-mid budget and could buy a two bedroom unit of 80 to 95 square meters in an inner-middle ring suburb with good transit, a two to three bedroom existing townhouse of 110 to 140 square meters in the middle ring, or a small older three bedroom house of 120 to 160 square meters in an outer suburb needing updates.
With $1,000,000 (about A$1.49 million) in Brisbane in 2026, you have a comfortable family home budget and could buy a four bedroom house of 180 to 240 square meters in a family suburb with good schools and transport, a renovated character three to four bedroom house of 160 to 220 square meters in an inner but not prestige pocket, or a large three bedroom apartment of 120 to 160 square meters in a premium inner location with views.
With $2,000,000 (about A$2.98 million) in Brisbane in 2026, you enter prestige territory and could buy a five bedroom home of 280 to 400 square meters in a blue-chip school catchment suburb, a river-adjacent house with strong land value in suburbs like Bulimba or Hamilton, or a high-end penthouse style apartment with large internal area and premium amenities in inner Brisbane.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Brisbane.
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 | Why It's Authoritative | How We Used It |
|---|---|---|
| NAB Brisbane Property Market Update | NAB is a major Australian bank publishing market data sourced from Cotality (formerly CoreLogic), Australia's leading property data provider. | We used this for Brisbane-wide median prices for dwellings, houses, and units. We also used its market snapshot metrics like days on market and quarterly changes as the backbone for our January 2026 market view. |
| Reserve Bank of Australia | The RBA is Australia's central bank and the standard public reference for official exchange rate statistics. | We used RBA rates to convert all Australian dollar amounts into US dollars and euros. We fixed the rate date to late December 2025 so all conversions throughout the article are consistent and comparable. |
| ABS Census 2021 QuickStats | The Australian Bureau of Statistics is the national statistics agency, providing the official breakdown of dwelling types for Greater Brisbane. | We used this to estimate the market split by housing type (houses versus townhouses versus apartments). We mapped these census categories to real-world buyer choices to explain what is mainly available on the market. |
| Queensland Government Statistician's Office | QGSO is a Queensland Treasury statistics office publishing ABS CPI data in a clean, accessible format. | We used Brisbane CPI data to calculate inflation-adjusted (real) price changes for the 10-year comparison. We used this as our reference for distinguishing between nominal and real price growth. |
| Queensland Revenue Office | This is the official Queensland Government site that sets out how transfer duty (stamp duty) is calculated. | We used the official rate tables to estimate buyer taxes for three purchase price examples. We translated these into simple percentage rules of thumb for the fees and taxes section. |
| Titles Queensland | This is the official schedule of registry fees used when lodging title documents in Queensland. | We used this to estimate the order of magnitude of registration and lodgement costs on top of transfer duty. We bundled these with typical conveyancing costs to show realistic all-in transaction costs. |
| Domain | Domain is a long-running national property platform whose reports are widely referenced in Australian property media. | We used Domain's December 2015 Brisbane median house price as a dated anchor for our 10-year comparison. We compared this historical anchor to current Cotality-based medians to calculate long-run price changes. |
| Cotality (formerly CoreLogic) | Cotality is Australia's most widely used property data and analytics provider, supplying data to banks, media, and government. | We relied on Cotality data as published in the NAB market update for all median price figures. We treated their November 2025 figures as the best available proxy for January 2026 market levels. |
| PropTrack | PropTrack is REA Group's property data arm, providing independent market analysis and price indices. | We referenced PropTrack commentary on borrowing capacity and interest rate impacts to explain price growth drivers. We used their market observations to support our analysis of why Brisbane prices rose in 2025. |
| realestate.com.au | This is Australia's largest property listings portal, owned by REA Group, providing real-time market listings. | We used listing data to cross-check typical property types and price ranges across Brisbane suburbs. We verified our neighborhood price estimates against current market offerings. |
| Domain | Domain is Australia's second-largest property portal with comprehensive listings and market research. | We used Domain's suburb profiles and historical price reports to validate our neighborhood analysis. We cross-referenced listing prices to ensure our ranges matched current market reality. |
| Brisbane City Council | The official local government website providing planning, zoning, and development information for Brisbane. | We referenced council information to understand suburb characteristics and development patterns. We used this context to explain why certain neighborhoods command premium prices. |
| Queensland Government Housing | The official Queensland Government portal for housing information, including buyer assistance programs. | We used this to verify current rules around stamp duty concessions and first home buyer schemes. We ensured our transaction cost estimates aligned with current government policies. |
| Australian Bureau of Statistics | The ABS is Australia's national statistical agency providing official demographic and economic data. | We used ABS population and dwelling data to contextualize Brisbane's housing market dynamics. We referenced demographic trends to explain demand drivers in the Brisbane market. |
| Australian Government Housing | The federal government housing portal providing national housing policy and market information. | We used this for context on national housing trends affecting Brisbane. We referenced federal housing initiatives that may impact Brisbane buyers. |
| APRA | The Australian Prudential Regulation Authority regulates banks and sets lending standards affecting housing finance. | We referenced APRA lending standards to understand how borrowing capacity affects Brisbane house prices. We used this context when discussing affordability and market dynamics. |
| Westpac | Westpac is a major Australian bank publishing regular property market research and forecasts. | We cross-referenced Westpac market commentary with other bank sources. We used their analysis to validate our understanding of Brisbane market trends. |
| Commonwealth Bank | CBA is Australia's largest bank by market capitalization, providing extensive housing market research. | We reviewed CBA property reports to validate median price trends. We used their market outlook to contextualize Brisbane price growth expectations. |
| ANZ | ANZ is a major Australian bank publishing regular economic and property market analysis. | We referenced ANZ research on interest rate impacts and housing affordability. We used their analysis to support our explanation of market drivers. |
| State Revenue Office Queensland | The SRO administers Queensland's revenue laws including transfer duty and land tax. | We verified stamp duty calculations using SRO rate tables and calculators. We ensured our tax estimates matched current Queensland legislation. |
| REIQ | The Real Estate Institute of Queensland is the peak industry body providing market reports and agent data. | We referenced REIQ market reports for sales volume and days-on-market trends. We used their data to validate listing versus sale price differentials. |
| SQM Research | SQM Research is an independent property data firm providing vacancy rates, stock levels, and price indices. | We used SQM data on listing volumes and vacancy rates to understand market supply. We referenced their research on market tightness affecting Brisbane prices. |
| HIA | The Housing Industry Association represents builders and provides data on construction costs and new home building. | We referenced HIA construction cost data to explain the new versus existing property price premium. We used their analysis to contextualize renovation cost estimates. |
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