Buying your first home is one of the most exciting — and nerve-wracking — milestones in life. Brisbane and the Moreton Bay region have become top picks for first-home buyers, offering the perfect balance of lifestyle, affordability, and growth potential. Whether you’re drawn to the urban buzz of inner-north Brisbane or the relaxed bayside charm of Redcliffe, this guide will help you navigate the journey from saving your deposit to collecting the keys.
1. Understand the Market
Before making any big decisions, get familiar with the local market.
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Brisbane: The city’s property market has shown strong and steady growth, particularly in well-connected northern suburbs such as Kedron, Chermside, and Stafford.
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Moreton Bay: Suburbs like North Lakes, Mango Hill, and Burpengary East offer more affordable options, larger blocks, and family-friendly communities.
Research recent sale prices, infrastructure plans, and future developments — these can all impact long-term value.
2. Check Your Eligibility for First-Home Buyer Incentives
The Queensland Government offers several programs to help first-time buyers get into the market sooner:
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First Home Owner Grant (FHOG): A one-off payment (up to $30,000 for new builds as of 2025) for eligible first-home buyers purchasing or building a new home.
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First Home Guarantee: Allows you to buy with as little as a 5% deposit without paying Lenders Mortgage Insurance (LMI).
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Stamp Duty Concessions: First-home buyers may receive a full or partial exemption from stamp duty on homes under certain thresholds.
Check the latest criteria on the Queensland Government website before you start house-hunting.
3. Get Pre-Approval
Before you start inspecting homes, secure home loan pre-approval. This gives you a clear idea of your borrowing power and makes your offers more competitive.
Tip: Compare multiple lenders or work with a mortgage broker to find the best rate and loan structure for your situation.
4. Choose the Right Suburb
When choosing where to buy, think about your lifestyle, commute, and long-term plans.
Popular First-Home Suburbs in Brisbane:
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Chermside: Great shopping and transport links.
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Everton Park: Up-and-coming area with cafes and parks.
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Kedron: Convenient access to the airport and CBD.
Top Picks in Moreton Bay:
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North Lakes: Modern estates, schools, and Westfield shopping.
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Burpengary East: Affordable homes and growing infrastructure.
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Redcliffe: Bayside living with easy access to Brisbane.
5. Work with Local Experts
Engage a local real estate agent who understands the Brisbane and Moreton Bay markets. They can guide you through open homes, negotiations, and contract terms.
Also, consider hiring:
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A solicitor or conveyancer to manage the legal process.
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A building and pest inspector to avoid costly surprises.
6. Plan for Additional Costs
Beyond your deposit, budget for:
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Stamp duty (if applicable)
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Legal and conveyancing fees
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Building and pest inspections
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Moving and connection costs
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Council rates and insurance
Being prepared for these expenses will help you avoid financial stress after settlement.
7. Think Long-Term
Choose a property that suits both your current lifestyle and future needs. Consider:
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School catchments
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Access to transport and amenities
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Future development and infrastructure projects
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Potential rental return or resale value
Buying in a growing area like Moreton Bay can offer both comfort now and capital growth later.
Final Thoughts
Stepping into the Brisbane or Moreton Bay property market as a first-home buyer is an exciting opportunity. With government support, a variety of affordable suburbs, and strong growth prospects, there’s never been a better time to buy.
Take your time, do your research, and seek professional advice — and soon enough, you’ll be turning the key to your very first home.
