NEW HOUSE PRICES IN BRISBANE 2025 1.2 million YOU NEED $1,500 pw in bank repayments over 30 years

**In 2025, Brisbane's median house price rose significantly to around $1.15 million (up ~$136k or 12-13% for the year).**

By mid-2026, median house values reached ~$1.23 million (with dwellings overall around $1.13 million), reflecting continued strong growth. "New" houses (new builds) typically involve land + construction costs. Construction alone for a standard family home in Brisbane/QLD averaged around $450k–$650k+ (depending on size, specs, and ~$1,800–$4,800+ per sqm), on top of land/lot prices which vary widely but push total costs into similar or higher territory than existing median homes.

### Borrowing and Repayment Comparison (30-year principal & interest loan)

Current home loan rates (as of mid-2026) for owner-occupiers are around **5.9–6.1% p.a.** variable on competitive loans (big banks often higher; averages near 5.9–6%). I'll use **6%** as a representative rate for calculations (real rates vary by lender, LVR, fixed/variable, etc.).

For a **$1,150,000** purchase price / loan amount (full price for simplicity; in reality, you'd have a deposit, e.g., 20% or $230k, reducing the loan to ~$920k):

- **Monthly repayment**: ~$6,895

- **Weekly repayment**: ~$1,591

- **Total paid over 30 years**: ~$2,482,000

- **Total interest paid**: ~$1,332,000 (more than the original price)

**At 5.9%** (slightly lower competitive rate):

- Monthly: ~$6,821

- Weekly: ~$1,574

- Total paid: ~$2,456,000

- Interest: ~$1,306,000

**Key insights on affordability**:

- Weekly repayments on a median-priced home are substantial — over $1,500/week before other costs (rates, insurance, maintenance). This assumes you qualify for the full loan and rates stay stable (they can rise/fall).

- Interest often exceeds the principal significantly over 30 years, highlighting why larger deposits, shorter terms, or rate shopping matter.

- Brisbane prices grew strongly in 2025 due to demand, migration, and Olympics-related factors, but higher rates and prices have strained affordability compared to earlier years.

- New builds add variables like construction timelines, cost overruns, and land costs, but can offer modern features/tax benefits (e.g., depreciation).

These are estimates — actuals depend on your deposit, credit, specific lender rates, fees, and whether it's owner-occupied or investment. Use official calculators (e.g., from Moneysmart, CommBank, or NAB) for personalised figures, and consult a mortgage broker. Prices and rates change; this reflects 2025–2026 data. Bottom Line Housing is UNAFFORDABLE for the average Australia who can afford $1,500 per week before rates,elect,gas and maintenence ? unless you are a CEO of a large company or extremely wealthy ? Certainly not a first home buyer on $70,000 pa wage Graham Healy Sun 28 June 26