But as the price caps kick in, prices are tipped to kick up.
This means some buoyant burbs may push past the price cap before it even sets in.
According to a recent report on Brisbane Times, houses and units in eight Brissie burbs are tipped to surpass the million dollar median come November 2025.
But buyers shouldn’t worry too much.
There is still plenty of choice within the expanded parameters.
In fact the range of houses eligible under the expanded scheme increases from 9.6 per cent to 44.9 per cent of the Brissie market.
Here in the north side middle ring, buyers can almost throw a dart at the map and find something within budget, given the mix of property types across established suburbs.
Further out of course, the options open wider again.
The important thing for first time buyers is to get independent financial advice, set a realistic budget and be clear on what your priorities and compromises can be.
Check out the burbs with median prices pushing $1 million as of August 2025:
- Rochedale units, $998,834
- Mango Hill houses, $992,242
- Capalaba houses, $989,042
- Greenbank houses, $983,298
- North Lakes houses, $980,899
- Balmoral units, $973,607
- Carindale units, $972, 419
- The Gap units, $965,332
Ready to buy? View our current listings for sale.
