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
This article gives you a clear picture of what houses cost in Brisbane in 2026, broken down by size, location, and buyer type.
We constantly update this blog post so you always have the freshest data available.
If you are a foreigner, note that buying an established house in Australia may be restricted until March 2027 under current government rules.
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.
How much do houses cost in Brisbane as of 2026?
What's the median and average house price in Brisbane as of 2026?
As of early 2026, the median house price in Brisbane sits at around A$1.16 million (approximately US$755,000 or €695,000), while the average house price runs higher at roughly A$1.30 million (around US$845,000 or €780,000).
The typical price range that covers about 80% of Brisbane house sales in 2026 falls between A$750,000 and A$2.5 million (roughly US$490,000 to US$1.6 million, or €450,000 to €1.5 million).
The gap between Brisbane's median and average house prices exists because prestige suburbs like New Farm, Ascot, and Paddington have very expensive sales that push the average up, while the median better reflects what a typical buyer actually pays.
At the median price of A$1.16 million in Brisbane, you can realistically expect a 3-bedroom house on a standard block in middle-ring suburbs like Aspley, Kedron, or Coorparoo, likely needing some updates but generally livable.
What's the cheapest livable house budget in Brisbane as of 2026?
As of early 2026, the minimum budget for a livable house in Brisbane is around A$650,000 to A$750,000 (approximately US$425,000 to US$490,000, or €390,000 to €450,000).
At this entry-level price point in Brisbane, "livable" typically means an older house that may need cosmetic updates, possibly with dated kitchens or bathrooms, but with functional plumbing, wiring, and a structurally sound roof.
These cheapest livable Brisbane houses are usually found in suburbs like Inala, Durack, Darra, Acacia Ridge, Rocklea, Zillmere, and Taigum, where you trade off proximity to the city or deal with factors like flood risk or industrial adjacency.
Wondering what you can get? We cover all the buying opportunities at different budget levels in Brisbane here.
How much do 2 and 3-bedroom houses cost in Brisbane as of 2026?
As of early 2026, 2-bedroom houses in Brisbane typically cost around A$800,000 to A$1 million (US$520,000 to US$650,000, or €480,000 to €600,000), while 3-bedroom houses generally range from A$950,000 to A$1.2 million (US$620,000 to US$780,000, or €570,000 to €720,000).
The realistic price range for a 2-bedroom house in Brisbane in 2026 spans from about A$800,000 to A$1.15 million (US$520,000 to US$750,000, or €480,000 to €690,000), though these are relatively uncommon as many 2-bedroom dwellings are units rather than houses.
For a 3-bedroom house in Brisbane, which is the classic family home size, the realistic price range in 2026 runs from A$950,000 to A$1.45 million (US$620,000 to US$945,000, or €570,000 to €870,000).
Moving from a 2-bedroom to a 3-bedroom house in Brisbane typically adds a premium of around A$150,000 to A$250,000, reflecting the extra living space and broader buyer appeal.
How much do 4-bedroom houses cost in Brisbane as of 2026?
As of early 2026, a 4-bedroom house in Brisbane typically costs between A$1.2 million and A$1.85 million (approximately US$780,000 to US$1.2 million, or €720,000 to €1.1 million).
For a 5-bedroom house in Brisbane in 2026, the realistic price range sits between A$1.55 million and A$2.6 million (US$1 million to US$1.7 million, or €930,000 to €1.56 million).
A 6-bedroom house in Brisbane typically falls in the A$2.1 million to A$4 million range (US$1.4 million to US$2.6 million, or €1.26 million to €2.4 million), as this category often includes prestige suburb homes and acreage-style properties.
Please note that we give much more detailed data in our pack about the property market in Brisbane.
How much do new-build houses cost in Brisbane as of 2026?
As of early 2026, a new-build house in Brisbane typically costs around A$1.27 million to A$1.45 million (approximately US$825,000 to US$945,000, or €760,000 to €870,000), assuming a comparable location to the citywide median.
New-build houses in Brisbane generally carry a premium of 10% to 25% compared to older resale houses, reflecting modern layouts, energy efficiency features, lower maintenance needs, and turnkey condition.
How much do houses with land cost in Brisbane as of 2026?
As of early 2026, a house with substantial land in Brisbane typically costs between A$1.3 million and A$2.2 million in middle and outer ring suburbs (US$845,000 to US$1.43 million, or €780,000 to €1.32 million), while inner-ring land-heavy homes often exceed A$2.5 million (US$1.6 million or €1.5 million).
In Brisbane, a "house with land" typically means a block of 600 to 1,000 square meters or more, compared to standard lots of around 400 to 500 square meters in newer developments.
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Where are houses cheapest and most expensive in Brisbane as of 2026?
Which neighborhoods have the lowest house prices in Brisbane as of 2026?
As of early 2026, the Brisbane neighborhoods with the lowest house prices include Inala, Durack, Darra, Acacia Ridge, Rocklea, Zillmere, Taigum, and Deagon.
In these cheaper Brisbane neighborhoods, typical house prices range from A$650,000 to A$850,000 (approximately US$425,000 to US$555,000, or €390,000 to €510,000).
These Brisbane neighborhoods have the lowest house prices mainly because they combine distance from the CBD with factors like flood-prone pockets, proximity to industrial areas, or older housing stock that requires significant renovation work.
Which neighborhoods have the highest house prices in Brisbane as of 2026?
As of early 2026, the top Brisbane neighborhoods with the highest house prices are New Farm, Teneriffe, and Ascot, followed closely by Hamilton, Bulimba, and Paddington.
In these most expensive Brisbane neighborhoods, typical house prices range from A$2.5 million to A$5 million or more (approximately US$1.6 million to US$3.25 million, or €1.5 million to €3 million).
These Brisbane neighborhoods command the highest prices because they combine river frontage or proximity, heritage character homes on large blocks, walkable lifestyle precincts, and extremely limited housing supply that rarely comes to market.
Buyers in these premium Brisbane neighborhoods are typically high-income professionals, established business owners, or wealthy families seeking prestige addresses with top school access and short CBD commutes.
How much do houses cost near the city center in Brisbane as of 2026?
As of early 2026, a house near Brisbane's city center (areas like Fortitude Valley, Spring Hill, South Brisbane, West End, and Kangaroo Point) typically costs between A$1.6 million and A$3.5 million (approximately US$1.04 million to US$2.3 million, or €960,000 to €2.1 million).
Houses near major Brisbane transit hubs like Roma Street, Central, or Fortitude Valley stations typically cost between A$1.1 million and A$2.2 million (US$715,000 to US$1.43 million, or €660,000 to €1.32 million), depending on the suburb's overall desirability.
Houses near top-rated Brisbane schools like Brisbane State High School, Brisbane Grammar School, and Brisbane Girls Grammar School typically cost A$1.4 million to A$3 million or more (US$910,000 to US$1.95 million, or €840,000 to €1.8 million), as catchment demand lifts prices significantly.
In expat-popular Brisbane areas like Paddington, New Farm, Bulimba, Hawthorne, Ascot, and St Lucia, houses typically cost A$1.8 million to A$3.5 million (US$1.17 million to US$2.3 million, or €1.08 million to €2.1 million), reflecting lifestyle, dining, and river access.
We actually have an updated expat guide for Brisbane here.
How much do houses cost in the suburbs in Brisbane as of 2026?
As of early 2026, a house in Brisbane's middle-to-outer suburbs (roughly 10 to 25 kilometers from the CBD) typically costs between A$850,000 and A$1.4 million (approximately US$555,000 to US$910,000, or €510,000 to €840,000).
Suburban Brisbane houses are generally 30% to 50% cheaper than comparable city-center houses, meaning you can save A$500,000 to A$1 million (US$325,000 to US$650,000, or €300,000 to €600,000) by choosing a suburban location.
The most popular Brisbane suburbs for house buyers in 2026 include Carindale, Mansfield, Aspley, Chermside West, The Gap, Forest Lake, Wynnum, Manly, and Everton Park, which offer family-friendly environments with good amenities.
What areas in Brisbane are improving and still affordable as of 2026?
As of early 2026, the top Brisbane areas that are improving yet still affordable for house buyers include Moorooka, Salisbury, Coopers Plains, Mitchelton, Keperra, Everton Park, Wynnum West, and Tingalpa.
In these improving but affordable Brisbane areas, typical house prices currently range from A$850,000 to A$1.1 million (approximately US$555,000 to US$715,000, or €510,000 to €660,000).
The main sign of improvement driving buyer interest in these Brisbane areas is infrastructure upgrades along rail corridors combined with spillover demand from adjacent inner suburbs that have priced out first-home buyers.
By the way, we've written a blog article detailing what are the current best areas to invest in property 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 extra costs should I budget for a house in Brisbane right now?
What are typical buyer closing costs for houses in Brisbane right now?
The typical total closing cost for house buyers in Brisbane runs between 4% and 6% of the purchase price for Australian residents, but can reach 8% to 12% for foreign buyers due to additional duties.
The main closing cost categories in Brisbane include transfer duty (stamp duty), conveyancing or legal fees (A$1,500 to A$3,000 or US$975 to US$1,950), title registration fees, and building and pest inspections (A$500 to A$800 or US$325 to US$520).
Transfer duty is usually the largest closing cost for Brisbane house buyers, and on a A$1.16 million house, it can exceed A$40,000 (approximately US$26,000 or €24,000) based on Queensland Revenue Office rates.
We cover all these costs and what are the strategies to minimize them in our property pack about Brisbane.
How much are property taxes on houses in Brisbane right now?
The typical annual property tax equivalent for a Brisbane house owner is primarily the council rates, which range from approximately A$2,000 to A$4,000 per year (US$1,300 to US$2,600, or €1,200 to €2,400) depending on the property's value and category.
Brisbane property rates are calculated by Brisbane City Council based on the land valuation and property category, with owner-occupied residential homes paying different rates than investment properties.
If you want to go into more details, we also have a page with all the property taxes and fees in Brisbane.
How much is home insurance for a house in Brisbane right now?
The typical annual home insurance cost for a house in Brisbane in 2026 ranges from A$2,500 to A$5,000 (approximately US$1,625 to US$3,250, or €1,500 to €3,000), but flood-exposed properties can pay A$8,000 to A$11,000 or more (US$5,200 to US$7,150, or €4,800 to €6,600).
The main factors affecting Brisbane home insurance premiums are flood zone mapping, storm and cyclone exposure, the property's age and construction type, and the level of cover you choose.
What are typical utility costs for a house in Brisbane right now?
The typical total monthly utility cost for a house in Brisbane runs between A$400 and A$650 (approximately US$260 to US$425, or €240 to €390), though air conditioning use in summer can push this higher.
Brisbane house utility costs break down roughly as follows: electricity A$200 to A$350 per month (US$130 to US$230), water and sewer A$80 to A$150 per month (US$52 to US$98), gas A$50 to A$100 per month if connected (US$33 to US$65), and internet A$70 to A$100 per month (US$46 to US$65).
What are common hidden costs when buying a house in Brisbane right now?
The estimated total of common hidden costs that Brisbane house buyers often overlook ranges from A$5,000 to A$15,000 (approximately US$3,250 to US$9,750, or €3,000 to €9,000) on top of the main closing costs.
Typical inspection fees Brisbane buyers should expect include building and pest inspections at A$500 to A$800 (US$325 to US$520), pool compliance certificates if applicable at A$200 to A$400 (US$130 to US$260), and solar system inspections at A$150 to A$300 (US$98 to US$195).
Other common hidden costs when buying a Brisbane house include termite management setup, flood resilience upgrades in vulnerable areas, stump and sub-floor repairs on older Queenslanders, and immediate landscaping or fencing needs.
The hidden cost that tends to surprise first-time Brisbane house buyers the most is the ongoing termite management expense, which is essentially mandatory in Brisbane's climate and can cost A$300 to A$500 per year (US$195 to US$325).
You will find here the list of classic mistakes people make when buying a property in Brisbane.
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What do locals and expats say about the market in Brisbane as of 2026?
Do people think houses are overpriced in Brisbane as of 2026?
As of early 2026, sentiment among Brisbane locals and expats is mixed, with many feeling that house prices have risen too fast since 2020, but also acknowledging that demand remains strong for quality homes in good locations.
Houses in Brisbane typically stay on the market for around 21 days before selling, which indicates a competitive market rather than a sluggish one where buyers have lots of bargaining power.
The main reason Brisbane locals cite for feeling house prices are high is that wages have not kept pace with the rapid price growth of the past five years, making it harder for younger buyers and first-home purchasers to enter the market.
Compared to one or two years ago, Brisbane sentiment has shifted from "prices are booming" to "prices are high but stabilizing," with fewer bidding wars and more realistic vendor expectations on compromised properties.
You'll find our latest property market analysis about Brisbane here.
Are prices still rising or cooling in Brisbane as of 2026?
As of early 2026, Brisbane house prices are still rising overall, though the pace has moderated compared to the rapid growth seen in 2021 to 2024, with the market best described as strong but more balanced.
The estimated year-over-year house price change in Brisbane as of early 2026 is around 8% to 12%, down from the double-digit annual gains seen in previous years but still solidly positive.
Experts and locals expect Brisbane house prices to continue rising modestly over the next 6 to 12 months, with well-located, flood-safe family homes seeing the strongest demand while compromised properties may sit longer or require price reductions.
Finally, please note that we have covered property price trends and forecasts for Brisbane here.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Australia. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
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 Property Market Insights | Major bank using Cotality data for official market snapshots. | We used it for Brisbane median house values and days-on-market figures. We treated it as our primary anchor for late-2025 prices. |
| Domain House Price Report | Major property portal with long-running median price series. | We used it to cross-check Brisbane median house prices. We also referenced their quarterly trend commentary. |
| PropTrack Home Price Index | REA Group's research arm with transparent index methodology. | We used it to triangulate price direction into late-2025. We extrapolated carefully to estimate February 2026 values. |
| Queensland Revenue Office | Official government source for transfer duty rates. | We used it to state current stamp duty costs. We built buyer closing-cost estimates from their rate tables. |
| Foreign Investment Review Board | Australian Government's official foreign investment policy site. | We used it to explain restrictions affecting foreign buyers. We highlighted the established dwelling ban through March 2027. |
| Brisbane City Council Rates | Official city council rates resolution for the financial year. | We used it to ground property rates as a real ongoing cost. We explained why rates vary by property category. |
| Urban Utilities Pricing | Official utility pricing for Brisbane and South East Queensland. | We used it to anchor water and sewer cost estimates. We kept utility budgets realistic based on official tariffs. |
| Australian Energy Regulator | Regulator's official electricity benchmark for standing offers. | We used it to set an electricity upper benchmark for budgeting. We explained why bills vary by usage and network area. |
| Cotality Indices | Australia's most widely cited housing analytics provider. | We used it to understand hedonic index methodology. We justified why value series can be more stable than simple medians. |
| Titles Queensland | Official schedule of land title registration fees. | We used it to itemize settlement costs buyers often miss. We kept closing-cost estimates complete and accurate. |
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