Refinancing in Brisbane: what you need to know in 2025
Brisbane has been Australia's fastest-growing property market since 2021, with median house prices surging over 60% in some suburbs. That growth has been a windfall for Brisbane homeowners' equity positions — many borrowers who bought in 2018–2020 now have LVRs well below 60%, qualifying them for the best rate tiers most lenders offer. If you haven't reviewed your rate in the past 18 months, there's a strong chance you're significantly overpaying.
The post-Olympics infrastructure pipeline and continued interstate migration are keeping Brisbane property fundamentals strong heading into 2025–2026. For investors, improving rental yields (Brisbane's gross yields sit well above Sydney and Melbourne) are making loan restructuring — particularly switching from interest-only to principal and interest — financially attractive.
Is now a good time to refinance in Brisbane?
Brisbane borrowers are in an unusually strong position in 2025. Strong property growth has improved LVRs; the RBA's rate-cutting cycle means variable rates are falling; and competition among lenders for Queensland borrowers is intense. The spread between average existing rates (~6.5%) and market-best rates (~5.69%) is significant. Brisbane homeowners with loans between $500,000–$900,000 are finding the most compelling savings opportunities.
Brisbane property market snapshot
| Median house price (Brisbane metro) | $970,000 |
| Median unit price | $590,000 |
| Median new mortgage balance | $624,000 |
| Average existing variable rate | ~6.5% p.a. |
| Our best variable rate (from) | 5.69% p.a. |
| Average monthly saving (our clients) | $490 |
Sources: CoreLogic, ABS, RBA. Rates as at June 2025.
Who refinances with us in Brisbane?
- Pre-boom buyers who purchased before 2021 and are now sitting on 40–60% LVRs after price surges — prime candidates for top-tier rates
- Interstate movers who relocated to Brisbane from Sydney/Melbourne during COVID and may have used bridging finance or carried non-competitive rates
- Investor owners with one or more Queensland investment properties, restructuring to improve cash flow as interest costs remain high
- Fixed-rate expirees coming off 2021–2023 fixed terms and facing revert rates above 7%
Brisbane and SEQ suburbs we serve
We service all of Greater Brisbane and South East Queensland, including: Paddington, New Farm, Fortitude Valley, Kangaroo Point, South Brisbane, West End, Indooroopilly, Toowong, St Lucia, Taringa, Kenmore, Carindale, Coorparoo, Greenslopes, Eight Mile Plains, Capalaba, Redland Bay, Chermside, Aspley, Strathpine, and surrounding areas.
Queensland-specific refinancing considerations
Queensland has no stamp duty on mortgage refinancing (unlike some other states), which reduces your switching costs. Exit fees from your existing lender ($150–$400) and new lender application fees are typically your main costs. Queensland investors should also note that rental income is treated generously by most lenders when assessing serviceability — in most cases 80% of gross rental income is counted, helping investors qualify for better terms.