Brisbane’s property market has been on a steady upward trend, driven by strong population growth, interstate migration, and increasing interest from both local and international buyers. While more affordable than Sydney or Melbourne, Greater Brisbane is catching up fast, especially in its high-end suburbs where demand is outpacing supply.
These areas, renowned for their lifestyle perks, stunning river views, top schools, and proximity to the CBD, are attracting families, professionals, and investors seeking long-term value. With new infrastructure projects underway and the 2032 Olympics on the horizon, premium suburbs are being viewed as smart places to establish roots or invest capital.
In this guide, we’ll explore the ten most expensive suburbs in Brisbane and what makes each one stand out in today’s competitive real estate market.
Looking at prestige property in Brisbane? Our Queensland mortgage brokers will guide you through your home loan options, from understanding lender criteria to handling paperwork. We make sure you’re not just approved, but pre-approved with confidence. For free consultation, call (07) 3461 6499 or visit zestmortgagesolutions.com.au today to get started.
Top 10 Most Expensive Suburbs in Brisbane
1. Teneriffe
Teneriffe tops the list as Brisbane’s most prestigious suburb, known for its historic woolstore apartments, riverside views, and inner-city lifestyle. Just 2.5 km from the Brisbane CBD, it’s ideal for professionals and downsizers seeking low-maintenance luxury in a walkable neighbourhood.
The suburb’s charming mix of heritage architecture and modern amenities makes it a standout, while scarcity of available homes keeps house prices sky-high.
Key Features:
- Trendy cafés, restaurants, and riverwalks
- Minutes from Fortitude Valley and New Farm Park
- High walkability and exclusive appeal
Quick Stats:
- Median House Price: $3.6 million
- Median Unit Price: $760,000
- Rental Yields: 2.2% (houses), 4.1% (units)
- Key Infrastructures: Gasworks Plaza, Brisbane Riverwalk, public ferry terminals
2. Hamilton
Hamilton is one of Brisbane’s wealthiest suburbs, with riverfront mansions, luxury apartments, and a high-end lifestyle to match. Overlooking the Brisbane River, it’s home to Portside Wharf and Racecourse Road, offering fine dining, designer shopping, and entertainment.
Its elevation, views, and easy airport access make it highly attractive to business owners and professionals.
Key Features:
- Close to Eagle Farm and Doomben Racecourses
- 6km from CBD
- Popular with affluent families and corporate buyers
Quick Stats:
- Median House Price: $2.7 million
- Median Unit Price: $625,000
- Rental Yields: 2.4% (houses), 4.3% (units)
- Key Infrastructures: Portside Wharf, Brisbane Airport, Kingsford Smith Drive upgrades
3. New Farm
New Farm delivers riverside prestige with a strong urban vibe. Located next to the CBD and packed with trendy cafes, restaurants, and boutique stores, it's highly sought after by downsizers and professionals.
The suburb’s blend of art, culture, and nature, like New Farm Park and the Brisbane Powerhouse, keeps demand sky-high and supply limited.
Key Features:
- Buzzing James Street lifestyle precinct
- Riverside walks and cultural hotspots
- High-density living meets leafy suburb charm
Quick Stats:
- Median House Price: $2.5 million
- Median Unit Price: $905,000
- Rental Yields: 2.1% (houses), 4.0% (units)
- Key Infrastructures: New Farm Park, Brisbane Powerhouse, Howard Smith Wharves
Buying in Teneriffe or Ascot? Our expert Queensland mortgage brokers help you compare loan products across major banks and boutique lenders so you don’t overpay for luxury. We simplify the home loan process and tailor finance to match your high-end goals. Reach us at (07) 3461 6499 or head to zestmortgagesolutions.com.au to learn more.
4. Ascot
Ascot has long been associated with old money and heritage charm. Its wide streets lined with Queenslander homes, proximity to elite schools, and elegant feel make it a staple among Brisbane’s wealthiest families.
It’s also just 7km from the CBD and connected by efficient public transport, adding to its enduring appeal.
Key Features:
- Access to Ascot State School and St Margaret's Anglican Girls School
- Heritage-listed homes and manicured gardens
- A favourite among families and retirees
Quick Stats:
- Median House Price: $2.6 million
- Median Unit Price: $585,000
- Rental Yields: 2.5% (houses), 4.2% (units)
- Key Infrastructures: Racecourse Road, Doomben Station, Crosby Park
5. Chandler
Chandler stands out for its spacious acreage blocks just 14km from the CBD. This green, semi-rural suburb attracts high-income buyers seeking privacy, luxury homes, and a tranquil environment.
Its prestige lies in its exclusivity. There are no units, and development is minimal, making each property a rare find.
Key Features:
- Large family estates on multi-acre lots
- Popular among equestrian and prestige buyers
- Quiet streets, bushland feel
Quick Stats:
- Median House Price: $2.4 million
- Median Unit Price: N/A (very few units)
- Rental Yields: 2.3% (houses)
- Key Infrastructures: Sleeman Sports Complex, Chandler Arena, access to Gateway Motorway
6. Bulimba
Bulimba blends charm and chic perfectly. Set on the river with direct ferry access to the CBD, it’s known for Oxford Street, great schools, and a strong community feel.
It attracts families, creatives, and professionals who want a laid-back riverside life without sacrificing access to the city.
Key Features:
- Vibrant shopping and café culture
- Close-knit community
- Waterfront parks and recreation
Quick Stats:
- Median House Price: $2.3 million
- Median Unit Price: $740,000
- Rental Yields: 2.6% (houses), 4.1% (units)
- Key Infrastructures: Oxford Street, Apollo Road Ferry Terminal, Bulimba State School
Feeling overwhelmed by all the home loan options out there? Our experienced Queensland mortgage brokers will help you compare lenders, interest rates, and features to find the perfect fit for your property goals. We handle the legwork so you can focus on the bigger picture. Call (07) 3461 6499 or visit zestmortgagesolutions.com.au for personalised support.
7. Fig Tree Pocket
Fig Tree Pocket is a leafy sanctuary just 8km from the city, known for its riverside mansions, low-density zoning, and family-friendly feel. It’s peaceful and exclusive, offering a true suburban retreat with easy access to education and nature.
Limited development, large block sizes, and its prime riverfront location make it one of Brisbane’s most expensive and tightly held suburbs.
Key Features:
- Home to Lone Pine Koala Sanctuary
- Wide blocks and architectural homes
- Great for families seeking space and privacy
Quick Stats:
- Median House Price: $2.2 million
- Median Unit Price: N/A (limited stock)
- Rental Yields: 2.1% (houses)
- Key Infrastructures: Centenary Motorway access, private schools nearby, river parks
8. Pullenvale
Pullenvale offers a rural lifestyle within reach of Brisbane’s core. It’s made up of sprawling acreages, luxury homes, and quiet hillsides. Buyers here are often seeking a tree-change without leaving the city behind entirely.
Its high land value, limited housing stock, and appeal to prestige buyers chasing space and privacy all contribute to its place among Brisbane’s most expensive suburbs.
Key Features:
- Strong community values
- Prestigious acreage and horse-friendly properties
- Known for privacy and large-scale homes
Quick Stats:
- Median House Price: $2.1 million
- Median Unit Price: N/A
- Rental Yields: 2.4% (houses)
- Key Infrastructures: Moggill Road upgrades, Pullenvale Marketplace, Kenmore Village proximity
9. Hawthorne
Hawthorne is a refined riverside suburb that strikes a balance between quiet streets and proximity to vibrant hubs. Its combination of character homes, leafy avenues, and ferry connections makes it a magnet for young families and professionals.
The mix of heritage charm, riverside positioning, and strong demand for well-located inner suburbs keeps property values among the highest in Brisbane.
Key Features:
- Near Hawthorne Park and cinema precinct
- Great ferry access and riverside cafes
- Strong school options
Quick Stats:
- Median House Price: $2 million
- Median Unit Price: $720,000
- Rental Yields: 2.7% (houses), 4.2% (units)
- Key Infrastructures: Hawthorne Ferry Terminal, Oxford Street, local village shops
10. St. Lucia
St. Lucia combines academic prestige with riverfront elegance. Home to The University of Queensland, it offers stunning homes, large blocks, and elevated views. It’s popular with both families and investors eyeing the strong student rental market.
Its premium riverside location, access to top-tier education, and consistent buyer demand make it one of Brisbane’s most expensive and competitive suburbs.
Key Features:
- Close to Toowong and Indooroopilly Shopping Centre
- Blend of family estates and high-performing rental units
- Walkable to UQ and near top schools
Quick Stats:
- Median House Price: $2.1 million
- Median Unit Price: $720,000
- Rental Yields: 2.3% (houses), 4.5% (units)
- Key Infrastructures: University of Queensland, CityCat terminal, Ironside State School
Sources: Realestate.com.au, Domain, SQM Research, Queensland Government. Please note that property values change over time. It’s always best to talk with your real estate agent for the latest market prices.
Buying your first or fifth home? Either way, our Queensland mortgage brokers help make the process smooth, stress-free, and backed by expert advice. We’ll handle lender negotiations and make sure your home loan suits both your needs and your timeline. Let’s talk. Call (07) 3461 6499 or visit zestmortgagesolutions.com.au to book a free consultation.
Frequently Asked Questions (FAQs)
What are the most expensive suburbs in Brisbane?
The most expensive suburbs in the Brisbane property market include Teneriffe, Hamilton, New Farm, Ascot, and Chandler. These suburbs command high median house prices due to their riverfront locations, proximity to the CBD, prestige homes, and limited housing supply.
Where do the richest people live in Brisbane?
The richest people in Brisbane often live in riverside or acreage suburbs like Teneriffe, Ascot, Fig Tree Pocket, and Pullenvale. These areas offer premium properties, privacy, low crime rates, and access to top schools and lifestyle amenities.
What is the richest postcode in Brisbane?
Teneriffe (postcode 4005) currently holds the title for the richest postcode in Brisbane, with median house prices exceeding $3.6 million. It’s closely followed by suburbs like Hamilton and Ascot, which also boast high-value homes and affluent residents.
What to consider before buying in an expensive Brisbane suburb?
Buyers should assess crime rates, future infrastructure plans, flood history, and access to transport, schools, and services. It’s also smart to compare average house rent and rental yields if considering investment. Consulting with local experts, such as Queensland mortgage brokers, can help clarify financial options and assess property suitability.
What is the most expensive city in Brisbane?
While Brisbane is the capital city itself, if you're referring to its neighbourhoods or regions, Teneriffe is considered the most expensive area within the city. It tops the house market with elite riverfront properties and limited availability, making it a standout within Greater Brisbane.
What are the types of home loans available for first-time buyers in Brisbane?
First home buyers in Brisbane can access various loan types, including fixed-rate, variable-rate, interest-only, and low-deposit loans. Some also qualify for government grants or stamp duty concessions.
Final Thoughts
Brisbane’s most expensive suburbs aren’t just about high median house prices. They offer a lifestyle, sense of community, and long-term value that continue to attract buyers and investors alike.
Whether you're drawn to leafy acreage, riverside elegance, or inner-city prestige, these neighbourhoods represent the top tier of the Brisbane property market. If you're thinking about making your move into one of Brisbane’s prestigious postcodes, it’s worth speaking with expert Queensland mortgage brokers.
Our team at Zest Mortgage Solutions can make the home loan process go smoother. We have access to a wide range of lenders, ensuring that you’ll make informed choices when it comes to your financial and homeownership goals.
To book a free consultation, call us at (07) 3461 6499 or visit our website www.zestmortgagesolutions.com.au to learn more.
