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Brisbane's median house price is approximately $870,000 in early 2026, driven by strong interstate migration post-COVID and Olympic infrastructure investment. Inner-city medians exceed $1.2M, while outer suburbs like Logan and Ipswich offer medians of $550,000–$700,000. Units med
For the median Brisbane house (~$870k) with a 20% deposit, you need approximately $204,000. First home buyers purchasing a new build under $550k can save significantly with the $30,000 FHOG and full transfer duty concession.
Significantly. Brisbane's median house is ~$550k cheaper than Sydney and ~$180k cheaper than Melbourne. Transfer duty is also lower. Total upfront costs for a median house are roughly $143k less than Sydney.
Queensland offers $30,000 First Home Owner Grant for new homes - the joint highest in Australia alongside Tasmania. It applies to new builds or substantially renovated homes under $750,000. Established homes don't qualify for the FHOG but may get transfer duty concessions.
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