Brisbane’s 2025 Property Market: A Turning Point

Brisbane’s 2025 Property Market: A Turning Point 

The property market in Brisbane is clearly entering a new phase. After years of growth as it is, October 2025 brought strong evidence that underlying dynamics have shifted and sellers are in a favourable position. Particularly those who own a property that might be considered suitable for a first home or an entry level property. 

So What’s changed? 

1. Scheme expansion for first-home buyersFrom 1 October 2025 the federal government’s Home Guarantee Scheme (sometimes called the First Home Guarantee / “5 % deposit” scheme) was expanded: 

• All eligible first-home buyers (owner-occupiers) can now access the scheme – the previous cap on number of places is removed. Income caps for eligible buyers were removed.  
• Property price caps were raised. In Queensland’s capital city and regional centres the cap went from $700,000 to $1,000,000.  
• Buyers can purchase with as little as a 5% deposit (with the government guaranteeing the remainder and no Lenders Mortgage Insurance in many cases). These changes mean more first-home buyers are now able to enter the market and compete for properties they couldn’t access previously. 

2. Increased buyer activity and competitionThe data is showing real movement. For example: 

• According to a Brisbane-specific market update, dwelling values rose 1.8% in October for Brisbane, translating to quarterly growth of about 4.9% and annual growth of around 10.8%.
• Units are showing especially strong growth: in Brisbane units rose about 14.0% over the year and median value reached approximately $774,498. 
• The segment of properties under $1 million (which comprises much of the “first-home buyer / affordable entry” market) is under pressure from strong demand and relatively low supply.  
• Anecdotal evidence: listings are scarce, days on market are shortening, clearance rates are improving.   

All of this suggests that the expanded scheme is not merely “nice to have” but is materially altering demand conditions — especially in the “entry-price” segment. 3. Affordability remains tight in certain segments While the scheme is helping some first-home buyers, the rapid price growth is also intensifying affordability pressures. For example: 

• A three-bed townhouse in Mount Gravatt East recently sold for more than $1.5 million despite being categorised as “under $1 million”. 
• Commentary notes that while the scheme lowers the deposit barrier, it also encourages buyers to stretch further, which can lead to increased debt-levels. This means that for first-home buyers the race is on, and for potential sellers the opportunity is now. 

So – Why might now be a good time to sell, if you own an entry-price, first-home-buyer-suited property? 

If you own a property in Brisbane that fits the “first home buyer / entry level” profile (for example: units or smaller houses priced under ~$1 million, in accessible suburbs, good transport links, attractive to younger buyers), consider the following points: 

• Increased demand: With the scheme expansion, more buyers are eligible, meaning more competition for your type of property.

• Relative scarcity: Supply in the more affordable end is still quite constrained in Brisbane, boosting your opportunity.

• Strong price momentum: The market is already moving, giving you a chance to capitalise on rising prices rather than risk being left behind.

• Psychological urgency: First-home buyers may feel the pressure of “get in before prices go up further” which can drive faster decisions (and possibly higher bids).

• Upgrade or next step for you: If you’re looking to upsize, downsize or simply move on from the property, this may be the time to act rather than wait and risk missing out on peak conditions.

Conclusion 

The October 2025 expansion of the first-home buyer scheme has clearly added a new wave of demand into the Brisbane market — especially at the lower/entry price end. Combined with limited supply and strong buyer urgency, this makes the current environment favourable for sellers of well-positioned, first-home-buyer suited properties. If you own such a property in Brisbane, now might indeed be an opportune moment to consider selling — before further price rises (or potential shifts in market conditions) reduce your window of advantage. 

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