Brisbane property is not as unaffordable as some of our other capital cities. 
Although affordability is strong relative to Sydney and Melbourne over recent quarters there has been a moderate decline in housing affordability.
Median dwelling prices in Brisbane have recorded little growth over recent years and as a result, on all four metrics, affordability has improved relative to five and 10 years ago.
Over the past five years, median prices are 16.1% higher while household incomes have increased 9.2%.
Throughout the 10 years to June 2018, prices are 24.1% higher while household income growth has been stronger at 31.3%.
| SA3 Region | Dwelling price to income ratio |
Yrs to save a 20% deposit based on saving 15% of household income |
% of household income required to service an 80% LVR mortgage |
% of household income required to rent a home |
| Bald Hills -Everton Park | 5.8 | 7.7 | 30.8% | 22.4% |
| Beaudesert | 6.1 | 8.1 | 32.3% | 28.9% |
| Beenleigh | 5.8 | 7.7 | 30.9% | 28.0% |
| Bribie – Beachmere | 8.6 | 11.4 | 45.7% | 38.3% |
| Brisbane Inner | 5.8 | 7.8 | 31.1% | 26.6% |
| Brisbane Inner – East | 6.6 | 8.8 | 35.1% | 20.3% |
| Brisbane Inner – North | 6.4 | 8.5 | 34.1% | 22.1% |
| Brisbane Inner – West | 7.2 | 9.5 | 38.1% | 21.6% |
| Browns Plains | 5.1 | 6.9 | 27.4% | 25.0% |
| Caboolture | 5.4 | 7.2 | 28.8% | 26.9% |
| Caboolture Hinterland | 5.8 | 7.8 | 31.1% | 27.9% |
| Capalaba | 5.8 | 7.8 | 31.2% | 25.3% |
| Carindale | 6.7 | 8.9 | 35.7% | 22.7% |
| Centenary | 5.5 | 7.3 | 29.4% | 22.7% |
| Chermside | 6.7 | 9.0 | 36.0% | 24.2% |
| Cleveland – Stradbroke | 7.0 | 9.3 | 37.4% | 29.3% |
| Forest Lake – Oxley | 5.8 | 7.7 | 30.9% | 26.7% |
| Holland Park – Yeronga | 6.9 | 9.3 | 37.0% | 22.6% |
| Ipswich Hinterland | 5.2 | 6.9 | 27.7% | 24.9% |
| Ipswich Inner | 4.7 | 6.2 | 25.0% | 22.3% |
| Jimboomba | 5.3 | 7.1 | 28.3% | 22.5% |
| Kenmore – Brookfield – Moggill | 6.3 | 8.4 | 33.7% | 24.2% |
| Loganlea – Carbrook | 5.4 | 7.2 | 28.8% | 24.7% |
| Mt Gravatt | 7.5 | 10.0 | 40.2% | 26.7% |
| Narangba – Burpengary | 5.8 | 7.7 | 30.7% | 23.9% |
| Nathan | 7.2 | 9.7 | 38.6% | 23.9% |
| North Lakes | 5.3 | 7.0 | 28.1% | 23.7% |
| Nundah | 5.7 | 7.6 | 30.4% | 23.2% |
| Redcliffe | 7.3 | 9.8 | 39.2% | 31.9% |
| Rocklea – Acacia Ridge | 6.2 | 8.3 | 33.2% | 24.4% |
| Sandgate | 6.3 | 8.4 | 33.4% | 25.8% |
| Sherwood -Indooroopilly | 7.2 | 9.6 | 38.3% | 24.5% |
| Springfield – Redbank | 4.5 | 6.0 | 23.8% | 22.0% |
| Springwood – Kingston | 5.7 | 7.6 | 30.2% | 25.0% |
| Strathpine | 5.5 | 7.3 | 29.2% | 26.0% |
| Sunnybank | 7.8 | 10.4 | 41.8% | 27.8% |
| The Gap – Enoggera | 6.0 | 8.0 | 32.0% | 22.4% |
| The Hills District | 5.3 | 7.1 | 28.4% | 21.5% |
| Wynnum – Manly | 6.3 | 8.4 | 33.6% | 24.9% |
Regional QLD
With significant declines in prices and rents over recent years, there has been a material improvement in housing affordability across regional QLD, although over the quarter housing affordability was little changed.
Over the past five years, regional QLD median prices have increased by 13.5% which is the same increase as they have recorded over the past decade.
Over the past five years, household incomes have lifted 11.4% while over the past decade they are 27.7% higher having well and truly eclipsed price growth over the period.
| SA3 Region | Dwelling price to income ratio |
Yrs to save a 20% deposit based on saving 15% of household income |
% of household income required to service an 80% LVR mortgage |
% of household income required to rent a home |
| Biloela | 2.4 | 3.2 | 12.8% | 17.9% |
| Bowen Basin – North | 2.3 | 3.0 | 12.0% | 17.4% |
| Broadbeach – Burleigh | 7.7 | 10.3 | 41.3% | 34.4% |
| Buderim | 7.5 | 10.0 | 40.1% | 31.7% |
| Bundaberg | 5.6 | 7.5 | 30.0% | 29.2% |
| Burnett | 4.5 | 6.0 | 23.9% | 27.1% |
| Cairns – North | 5.2 | 6.9 | 27.5% | 25.9% |
| Cairns – South | 4.9 | 6.5 | 26.2% | 27.9% |
| Caloundra | 8.1 | 10.8 | 43.0% | 34.4% |
| Central Highlands (Qld) | 2.3 | 3.0 | 12.0% | 15.4% |
| Charters Towers -Ayr – Ingham | 3.1 | 4.2 | 16.8% | 22.7% |
| Coolangatta | 8.9 | 11.9 | 47.5% | 36.1% |
| Darling Downs – East | 4.3 | 5.7 | 22.8% | 21.6% |
| Darling Downs (West) – Maranoa | 3.3 | 4.4 | 17.8% | 18.4% |
| Far North | 5.3 | 7.1 | 28.5% | 29.0% |
| Gladstone | 3.6 | 4.8 | 19.2% | 14.3% |
| Gold Coast – North | 7.7 | 10.3 | 41.2% | 35.9% |
| Gold Coast Hinterland | 7.1 | 9.5 | 38.0% | 31.0% |
| Granite Belt | 5.1 | 6.8 | 27.2% | 26.5% |
| Gympie – Cooloola | 6.3 | 8.4 | 33.4% | 30.2% |
| Hervey Bay | 6.8 | 9.0 | 36.0% | 34.4% |
| Innisfail – Cassowary Coast | 4.6 | 6.1 | 24.6% | 26.7% |
| Mackay | 4.6 | 6.1 | 24.5% | 23.5% |
| Maroochy | 7.9 | 10.5 | 41.9% | 34.1% |
| Maryborough | 5.5 | 7.3 | 29.1% | 30.6% |
| Mudgeeraba -Tallebudgera | 7.4 | 9.9 | 39.5% | 30.3% |
| Nambour | 6.8 | 9.1 | 36.4% | 31.2% |
| Nerang | 6.4 | 8.6 | 34.2% | 29.8% |
| Noosa | 9.5 | 12.7 | 50.7% | 40.0% |
| Noosa Hinterland | 9.1 | 12.1 | 48.3% | 36.1% |
| Ormeau – Oxenford | 5.6 | 7.5 | 29.9% | 25.5% |
| Outback – North | 2.3 | 3.1 | 12.2% | 20.9% |
| Outback – South | 2.0 | 2.7 | 10.6% | 19.8% |
| Port Douglas – Daintree | 4.6 | 6.1 | 24.5% | 27.9% |
| Robina | 7.0 | 9.3 | 37.2% | 36.3% |
| Rockhampton | 4.7 | 6.2 | 24.9% | 22.3% |
| Southport | 7.6 | 10.1 | 40.3% | 36.8% |
| Sunshine Coast | ||||
| Hinterland | 7.9 | 10.5 | 42.1% | 32.5% |
| Surfers Paradise | 6.9 | 9.2 | 36.6% | 34.9% |
| Tablelands (East) -Kuranda | 6.2 | 8.3 | 33.2% | 32.1% |
| Toowoomba | 5.3 | 7.1 | 28.4% | 23.2% |
| Townsville | 4.5 | 6.0 | 23.9% | 21.6% |
| Whitsunday | 5.4 | 7.2 | 28.8% | 30.4% |
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