Is East Brisbane a nice place to live?

East Brisbane centres on Mowbray Park, a compact strip of cafés and shops, and a streetscape of timber Queenslanders and interwar cottages. The suburb is a young community with many renters and incomes above the Queensland median, with 57.2% of homes rented. Everyday life focuses on the riverside park, a small local shopping strip, and recreational paths and reserves, and the area is served by the Mowbray Park ferry, regular buses and nearby train stations that keep the city and South Bank within easy reach. An upgrade to the riverside park is progressing and is at the tender stage, and the park's ferry-terminal works have been completed.

Is it expensive to live in East Brisbane?

A typical local household in East Brisbane earned about $2,056 a week at the last Census. On the current figures, house rent of $850 a week would take about 41% of that weekly household income, while unit rent of $650 a week would take about 32%. Buying sits noticeably higher against local incomes: a median house at $1,772,500 is about 16.6 times a typical local annual household income, and a median unit at $833,750 is about 7.8 times. On these figures, buying in East Brisbane sits well above what a typical local household earned at the last Census, and renting also uses a sizeable to large share of income depending on dwelling type. Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Is East Brisbane a good place to invest?

In East Brisbane, both house and unit values rose strongly over the most recent 12 months, while rents increased at a solid pace. House values climbed a strong 12.7% and house rents rose a solid 6.9%, so capital growth outpaced rental income for houses. Unit values rose a strong 11.9% and unit rents increased a solid 6.0%, with houses edging ahead of units on both value and rent growth. This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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East Brisbane suburb profile

East Brisbane is an inner-city suburb near the Brisbane River, set on rolling streets with mature trees and leafy pockets. The built character is anchored by timber Queenslanders and interwar cottages alongside pockets of low-rise apartment development, giving a varied streetscape of verandahs, elevated homes and established gardens.

Everyday life centres on Mowbray Park and its riverside open space, a compact commercial strip with cafés and shops, and a mix of recreational paths and reserves. The suburb is well served by the Mowbray Park ferry, regular buses and nearby train stations, keeping the city and cultural precincts such as South Bank within easy reach.

East Brisbane property market performance

Current median dwelling price$1,303,125Past 3 months

Property growth+12.3%Past 12 months

East Brisbane's median house price is $1.77 million, with house values up 12.7% over the last 12 months, a sharp rise. The median unit price is $833,750, with unit values up 11.9% over the last 12 months, a strong rise. The house rise is based on only 14 sales over the last 3 months. Units sold faster than houses, with median days on market of 14 days for units and 31 days for houses.

In East Brisbane, house rents rose 6.9% over the last 12 months, a solid rise, while house values increased by more over the same period, so values ran ahead of rents.

	Houses	Units
Median price Past 3 months	$1.77M	$834K
Change in value Past 12 months	12.7%	11.9%
Sold Past 3 months	14	20
Median days on market Past 12 months	31	14
Average rent Past 12 months	$850	$650
Change in rent Past 12 months	6.9%	6.0%

5 year median price trend for houses and units

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East Brisbane demographics

East Brisbane is a community with many renters, a young community and incomes above the median for Queensland.

Couples without children make up 50.7% of families, and 57.2% of homes are rented. At the 2021 Census there were 6,186 people living in East Brisbane.

East Brisbane and Queensland

	Suburb	QLD
Median age years	33	38
Median household income weekly	$2,056	$1,675
Couples with children share of families	33.6%	41.2%
Couples without children share of families	50.7%	40.3%
One-parent families share of families	12.4%	16.8%
Homes owned outright share of homes	18.0%	30.1%
Homes with a mortgage share of homes	24.8%	35.6%
Homes rented share of homes	57.2%	34.3%

Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

East Brisbane infrastructure, key developments and investment opportunities

East Brisbane's Mowbray Park upgrade is progressing, with the project moving to tender in 2026 and construction expected to begin in 2027; the concept includes a village green, terraced amphitheatre and a reinstated bandstand, and the park's ferry-terminal works were completed in 2024. The Shafston Avenue Bikeway, a 1.2-kilometre two-way bikeway and separate footpath between Deakin Street and Mowbray Park, had its preliminary design released in 2026 with construction due in 2027.

A new flood-resilient sports pavilion for Heath Park was approved in 2025, shown as a single-storey building of about 1,114 square metres with change rooms, a gym and a multipurpose room. In 2024 the Department of Education advised the East Brisbane State School community it was no longer required to relocate by the end of 2025.

Suburbs near East Brisbane

Some popular suburbs near East Brisbane include:

How does East Brisbane compare to nearby suburbs?

Median house prices: East Brisbane’s median house price is 52.1% lower than New Farm’s.
Median unit prices: East Brisbane’s median unit price is 5.0% lower than Kangaroo Point’s.
House price growth: Over the past 12 months, house prices in East Brisbane have grown 2.5% higher than in Kangaroo Point.
Unit price growth: Over the past 12 months, unit prices in East Brisbane have grown 5.9% higher than in New Farm.
Selling speed for houses: Properties in East Brisbane are selling 11.4% faster than in Kangaroo Point.
Selling speed for units: Properties in East Brisbane are selling 22.2% faster than in Kangaroo Point.
Investment considerations: In East Brisbane, the rental yield for house is 18.7% higher than the Brisbane average, while the rental yield for units is 1.2% lower.
House price growth: Over the past 12 months, house prices in East Brisbane have grown 39.1% higher than the average rate of growth across Brisbane.
Unit price growth:Over the past 12 months, unit prices in East Brisbane have grown 1.1% higher than the average rate of growth for units across Brisbane.

Common questions about East Brisbane

Is East Brisbane a nice place to live?
East Brisbane centres on Mowbray Park, a compact strip of cafés and shops, and a streetscape of timber Queenslanders and interwar cottages.

The suburb is a young community with many renters and incomes above the Queensland median, with 57.2% of homes rented. Everyday life focuses on the riverside park, a small local shopping strip, and recreational paths and reserves, and the area is served by the Mowbray Park ferry, regular buses and nearby train stations that keep the city and South Bank within easy reach. An upgrade to the riverside park is progressing and is at the tender stage, and the park's ferry-terminal works have been completed.
Is it expensive to live in East Brisbane?
A typical local household in East Brisbane earned about $2,056 a week at the last Census. On the current figures, house rent of $850 a week would take about 41% of that weekly household income, while unit rent of $650 a week would take about 32%. Buying sits noticeably higher against local incomes: a median house at $1,772,500 is about 16.6 times a typical local annual household income, and a median unit at $833,750 is about 7.8 times. On these figures, buying in East Brisbane sits well above what a typical local household earned at the last Census, and renting also uses a sizeable to large share of income depending on dwelling type.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is East Brisbane a good place to invest?
In East Brisbane, both house and unit values rose strongly over the most recent 12 months, while rents increased at a solid pace. House values climbed a strong 12.7% and house rents rose a solid 6.9%, so capital growth outpaced rental income for houses. Unit values rose a strong 11.9% and unit rents increased a solid 6.0%, with houses edging ahead of units on both value and rent growth.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

Choose the right real estate agents in East Brisbane

There are 81 real estate agents in East Brisbane, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 24.2% of all sales in the past year.

Commission rates in East Brisbane typically range from 2.47% to 3.01%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.