Brisbane Property Market 2026: Entry-Level Units Now Harder to Buy Than Sydney
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It's the Real Estate Podcast, brought to you by ANZ Home Loans for financial well-beings. Hey, welcome back to the Real Estate Breakfast, breaking down for you the Australian property market. And if you have decided to go for it and sell your property and you're struggling with who to choose to make that happen, we've got this curated real estate list of agencies and agents right across Australia that Let us know what area that you are in, and we will make the connection for you. Our email address, as always, is myrealestatepodcast at gmail.com. It is a Tuesday, March the 3rd. Happy birthday, too, if you're celebrating today. Delta Goodrum is with you. She is turning 42. And Shane Warne would have been celebrating a birthday today.
He would have been turning 57. Now, for the first time in modern property history, Brisbane's entry-level unit market is officially tougher than Sydney's. We talked about this last week with the runaway Brisbane market. Then the Domain Report came out just to back up these figures a little more. Entry prices have surged $660,000, that is about $130,000 higher in just one year, now sitting above Sydney's equivalent. After five years of 80% growth... Saving a 20% deposit takes nearly five years for a young couple. Mortgage repayments, now they are pushing close to stress levels. Brisbane, you've got to think back, not that long ago was once the affordable alternative. Today, it's right up there with Sydney.
Right now, let's go to Brisbane and catch up with Michael Hatzifotis. And he is from ePlace. Welcome on this Tuesday morning to the Real Estate Breakfast. Yeah, just sort of circling back to Brisbane houses. Want to talk about those because they're not far behind Sydney at the moment. sitting around for an entry-level home, 856 grand. That has jumped 146,000 in a single year. Once again, pressure, pressure, pressure on young couples trying to get into the housing market. That's correct. I think we're seeing that massive growth spurt over the last 12 months, even in the last six months. I think the data is a little bit lagging, but I think it's even heavier now in the last six months. We've seen a lot more shortage as well in the markets.
Yeah, and just in terms of those houses, we did say last week, repayments consume roughly half a young couple's income. That is really hurting them. And let's talk about the rental market in Brisbane. You were telling me off-air that some of the commentators are suggesting that maybe the government should step in regarding developers with a fixed-cap rental scenario. It doesn't have to be right across the development, but perhaps a percentage of them. I agree. Look, I think developers should really look at, or the government should look at putting some restrictions on developers. Let's say there's 300 units, put a 10% buffer on that saying 10% of those must be fixed cap rented for three or four years for low-income earners.
And that might help people with stability that are struggling to get into the rental market or to buy. I really do think with the housing crisis at the moment that we have Australia-wide, that could be a solution that may help let the developers catch up in building things. Because as we sit here on this podcast, I'm looking out from where I am and quite fortunate where I am, I can see a lot of development potential that's hanging around, but no one's developing because no one can afford it. You know, if you go back pre-COVID, people that knew people that was struggling to get into the rental market was nowhere near where it is today. If you cast your mind back five, six years ago to your friends and people that you knew to where we are now, you'll know a lot more people, right, that are very stressed trying to find a rental property.
Oh, definitely. I reckon I get between four to five calls a week from people that I know that I've dealt with in the past or that I know friends, family that are looking for rental properties. A cousin of mine who's recently come back to Australia from overseas from Greece with her husband and two kids is struggling to find a rental that is close to schools in a local area, close to work and in trying to keep it within budget.
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Chapters
4 chapters
1
What is the main topic discussed in this episode?
0:02–5:50
2
Why are entry-level units in Brisbane now harder to buy than in Sydney?
5:50–6:58
3
What factors contributed to the surge in Brisbane property prices?
6:58–8:52
4
How are young couples affected by rising mortgage repayments in Brisbane?
8:52–14:10
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