Brisbane Property – Why the QLD Existing Property Market is Frozen and Why Now is the Time to Buy New

The Brisbane property market has just hit an unexpected pause — and it’s not because buyers have lost interest. The QLD Government’s new disclosure requirements for sellers have created confusion and hesitation in the existing property market, with many sellers choosing to delay listing their homes. As a result, the number of available existing properties has dropped significantly.

But while the resale market stalls, a new opportunity is emerging — and it’s one that’s proving to be a win-win for both first home buyers and investors: buying new home-and-land packages.

In this article, we’ll break down exactly what’s happening in the Queensland property market right now, what these new disclosure requirements mean, and why now is an excellent time to focus on new builds rather than existing homes.

More banks are now offering LMI waivers to a broader range of professions, easing the path for skilled workers to step into the property market without a 20% deposit. What was once a perk reserved for doctors and a handful of specialists is now expanding to include lawyers, accountants, financial analysts, pharmacists, and more.

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Brisbane Property Market Update – What’s Happening in QLD?

Over the past few months, the Queensland property landscape has shifted dramatically. The QLD Government has introduced new disclosure requirements for sellers of existing property. The intent behind these changes is transparency — giving buyers more upfront information about the condition and history of the home they’re considering.

However, the rollout hasn’t been smooth. Many sellers are unsure of exactly what they need to disclose, how to prepare the necessary documents, and whether their property could be disadvantaged in the market by the extra information.

Instead of rushing to sell, many owners are simply waiting. This has caused:

  • Fewer listings in the existing Brisbane property market

  • Less choice for buyers who want established homes

  • Increased competition for the limited number of resale properties available

For buyers, this means higher prices and fewer options in the short term if they focus only on existing property. But for those open to buying new, the story is very different.

This is why LMI exemption has become such a highly sought-after benefit. It removes a major financial hurdle, especially for first home buyers or professionals early in their careers.

Until recently, this kind of exemption was mainly granted to medical professionals like doctors and dentists. However, as the job market evolves and the housing crisis intensifies, banks are recognizing the low-risk nature of other professional groups—and updating their policies accordingly.

Why New Property is Now the Smart Choice in Brisbane

With the existing property market frozen, new builds are becoming the standout option. And the benefits aren’t just about availability — they’re financial too.

Here are the key reasons why new Brisbane property is a smart move right now:

  1. First Home Buyers Can Save Thousands in Transfer Duty
    If you’re building your first home, you don’t have to pay transfer duty (also known as stamp duty) on the land, provided it meets eligibility requirements. This exemption can mean savings of $10,000–$20,000 depending on the land value.

  2. First Home Owner Grant (FHOG) Opportunities
    While there are fewer options under the $750,000 threshold for FHOG eligibility, there are still opportunities — and the grant itself is a significant financial boost for new buyers.

  3. Investors Benefit from Depreciation and Lower Transfer Duty
    For investors, buying new property means paying transfer duty only on the land portion, not the building. On top of that, brand-new homes offer substantial tax depreciation benefits, allowing investors to offset their taxable income.

  4. Brand New Homes Are Low Maintenance
    With no need for immediate repairs, investors and owner-occupiers can enjoy years of low-maintenance living.

  5. Better Energy Efficiency
    New builds must comply with modern building codes, which often means better insulation, energy-efficient appliances, and lower ongoing running costs.

Brisbane Property – First Home Buyer Advantages in 2025

For first home buyers in Queensland, the current market is unique. While many have been frustrated by the lack of affordable existing homes under $750,000, the freeze in the resale market has highlighted the benefits of going straight to new home-and-land packages.

The savings stack up:

  • Transfer duty exemption on land – worth $10k to $20k in many cases

  • Potential FHOG payment – a lump sum to boost your deposit

  • No costly renovations – you move into a modern, ready-to-live-in home

For many buyers, these savings can make the difference between getting into the market now or continuing to wait. And with construction times improving after the delays of the last few years, the wait for your new home is shorter than it has been since 2020.

Brisbane Property – Investor Opportunities in a Frozen Market

Investors often see market slowdowns as buying opportunities — and the current Brisbane property market freeze is no exception.

With fewer resale properties available, rental demand remains high, especially for modern homes that appeal to tenants looking for low-maintenance living. Investors who buy now can:

  • Secure land at today’s prices before future market movements

  • Benefit from paying transfer duty only on the land portion

  • Maximise deductions through depreciation claims on brand-new builds

  • Attract quality tenants with modern, energy-efficient housing

The combination of lower upfront costs and long-term rental appeal makes new homes an attractive option for savvy investors.

Why the QLD Existing Property Market Has Frozen

To fully understand the current shift, it’s worth looking at the specifics of the new disclosure rules.

Under the QLD Government’s updated legislation, sellers of existing homes must provide a comprehensive disclosure statement to buyers before contracts are signed. This includes:

  • Structural information

  • Flood history and other environmental factors

  • Details of any renovations or repairs

  • Easements or encumbrances affecting the property

While transparency is positive in theory, the sudden change has caused confusion. Many sellers are unsure if their property will appear less attractive once all details are disclosed — even if it’s in good condition. Others are finding the process time-consuming and are postponing selling until they fully understand the requirements.

The result? A market where existing property listings are at a low, creating a golden window for new property sales.

Brisbane Property – Why Now is the Best Time to Act

Market conditions don’t stay the same forever. The freeze in the existing property market may ease as sellers become more comfortable with the disclosure process. When that happens, supply will increase and competition for buyers could return to normal levels.

Right now, the advantages for new property buyers are clear:

  • First home buyers can save thousands in transfer duty and potentially qualify for FHOG

  • Investors can maximise tax benefits and secure desirable rental properties

  • There’s less competition in the new-build market compared to the resale market

  • You’re protected against future renovation costs and compliance issues

How to Secure the Right New Home-and-Land Package

If you’re ready to take advantage of the current market, here’s how to start:

  1. Identify Your Budget and Eligibility
    Check your eligibility for FHOG and transfer duty exemptions. Work out how much you can borrow and how much you want to spend.

  2. Choose the Right Location
    Look for growth areas in Brisbane and surrounding suburbs with strong infrastructure, transport links, and amenities.

  3. Select a Builder with a Good Track Record
    Research builders’ reputations, past projects, and inclusions in their home packages.

  4. Understand the Contract
    Make sure you know what’s included in the fixed-price contract, and factor in any potential upgrades you might want.

  5. Work with a Property Professional
    Whether you’re a first home buyer or an investor, having a property consultant or buyer’s agent can help you navigate the process and find the best deals.

Final Thoughts – A Win-Win Moment for Brisbane Property Buyers

The QLD Government’s new disclosure rules have reshaped the property market in unexpected ways. While the Brisbane property resale market has slowed to a crawl, the new-build sector is thriving — offering unique financial advantages for both first home buyers and investors.

With transfer duty exemptions, potential FHOG payments, tax depreciation benefits, and modern, low-maintenance living, now is one of the most strategically smart times in years to focus on new home-and-land packages.

Markets move quickly. For those ready to act, this is a rare opportunity to enter the Brisbane property market while others are waiting on the sidelines.

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