7 North Brisbane Suburbs Where You Can Still Buy Under $800K

Buying a home in North Brisbane, Queensland, doesn’t have to mean compromising on space or location. While property prices across Australia have surged, there are still North Brisbane suburbs under $800K that offer value, livability, and long-term growth potential. These areas are ideal for first-home buyers, families looking to upsize, or investors seeking strong rental returns and low vacancy rates.

In this guide, we’ll explore seven suburbs where you can still buy for less than $800,000 and highlight what makes each area worth your consideration. Let’s dive into the best value suburbs in North Brisbane right now.

1. Morayfield

Morayfield is a family-friendly suburb located approximately 44km north of Brisbane CBD. Known for its convenient access to schools, shops, and public transport, Morayfield is popular among young families and first-home buyers. It also has direct rail connections to Brisbane, making it a great option for commuters.

Despite recent growth, property prices remain relatively affordable, and the suburb is supported by growing infrastructure, including the Morayfield Shopping Centre and local medical facilities.

• Median House Price: $650,000
  
  
• Average Rental Yield: 4.7%
  
  
• Annual Capital Growth: 9.4%
  
  
• Key Infrastructure: Morayfield Shopping Centre, Caboolture Hospital, train station
  
  
• Owner-Occupier vs Renter Ratio: 66% owner-occupiers
  
  
• Vacancy Rate: 1.1%

2. Caboolture

Caboolture offers a mix of affordability and convenience with a range of older homes and new developments. Located 50km north of Brisbane, it serves as a gateway to the Sunshine Coast while offering strong transport links via the Bruce Highway and train services.

The suburb is undergoing major redevelopment, which is driving population growth and boosting local demand. It’s particularly appealing to investors looking for low entry costs and high rental yields.

• Median House Price: $590,000
  
  
• Average Rental Yield: 5.1%
  
  
• Annual Capital Growth: 8.6%
  
  
• Key Infrastructure: Caboolture Hospital, TAFE Queensland, Bruce Highway access
  
  
• Owner-Occupier vs Renter Ratio: 62% owner-occupiers
  
  
• Vacancy Rate: 1.4%

3. Burpengary

Burpengary is a growing suburb known for its leafy environment and proximity to both Brisbane and the Sunshine Coast. It offers a mix of modern housing estates and established homes on larger blocks. With several schools, sporting facilities, and a new shopping precinct, Burpengary is popular among young families.

It’s also benefiting from nearby infrastructure projects, making it a good pick for capital growth and liveability.

• Median House Price: $685,000
  
  
• Average Rental Yield: 4.6%
  
  
• Annual Capital Growth: 7.9%
  
  
• Key Infrastructure: Burpengary Plaza, local schools, train station
  
  
• Owner-Occupier vs Renter Ratio: 70% owner-occupiers
  
  
• Vacancy Rate: 1.2%

4. Brendale

Brendale is an emerging suburb that combines industrial zones with residential estates, making it appealing for workers who want to live close to employment hubs. Located just 20km from Brisbane CBD, it's ideal for investors seeking affordability near the city.

The suburb has seen a rise in townhouse developments, suiting singles and young couples, while still offering houses under $800K.

• Median House Price: $670,000
  
  
• Average Rental Yield: 5.2%
  
  
• Annual Capital Growth: 7.4%
  
  
• Key Infrastructure: Strathpine Centre, Brendale Business Park, local train station
  
  
• Owner-Occupier vs Renter Ratio: 59% owner-occupiers
  
  
• Vacancy Rate: 1.8%

5. Narangba

Narangba is a well-established family suburb offering a strong sense of community, excellent schools, and scenic parks. With a focus on livability, the suburb is ideal for families and professionals looking to settle in a peaceful area without being too far from the city.

Top-performing schools and good public transport connections to Brisbane drive its consistent demand.

• Median House Price: $770,000
  
  
• Average Rental Yield: 4.3%
  
  
• Annual Capital Growth: 6.9%
  
  
• Key Infrastructure: Narangba Valley State High School, parks, Narangba train station
  
  
• Owner-Occupier vs Renter Ratio: 76% owner-occupiers
  
  
• Vacancy Rate: 1.0%

6. Deception Bay

Deception Bay, located along the coast, offers water views at a fraction of the cost of neighbouring suburbs. Once overlooked, it’s now attracting attention from buyers seeking affordability with lifestyle appeal. With increasing gentrification and investment in amenities, it’s a prime spot for first-home buyers and savvy investors.

• Median House Price: $655,000
  
  
• Average Rental Yield: 4.8%
  
  
• Annual Capital Growth: 8.1%
  
  
• Key Infrastructure: Deception Bay Marketplace, waterfront parks, Bruce Highway access
  
  
• Owner-Occupier vs Renter Ratio: 58% owner-occupiers
  
  
• Vacancy Rate: 1.5%

7. Kallangur

Kallangur is a popular suburb for buyers priced out of neighbouring areas like North Lakes. It offers great access to the M1 motorway, local schools, and Westfield North Lakes. Its mix of older homes and new developments makes it suitable for a variety of buyers, especially those seeking strong rental performance and proximity to employment hubs.

• Median House Price: $695,000
  
  
• Average Rental Yield: 4.9%
  
  
• Annual Capital Growth: 7.2%
  
  
• Key Infrastructure: Westfield North Lakes, schools, Murrumba Downs train station
  
  
• Owner-Occupier vs Renter Ratio: 64% owner-occupiers
  
  
• Vacancy Rate: 1.3%

Why These Suburbs Still Offer Value

Many buyers are turning to North Brisbane suburbs under $800K because they offer:

• Proximity to major transport routes and job hubs
  
  
• Strong rental returns with low vacancy rates
  
  
• Continued investment in infrastructure and services
  
  
• A blend of urban convenience and suburban lifestyle
  
  
• Price points ideal for first-time buyers and investors
  
  

These suburbs are expected to remain in demand, especially as affordability becomes a driving factor in buyer decision-making.

FAQ

What is the most affordable suburb in North Brisbane under $800K?

Caboolture remains one of the most affordable, with a median house price around $590,000 and strong rental returns.

Are these North Brisbane suburbs good for investment?

Yes, most of these suburbs show high rental yields, low vacancy rates, and steady capital growth, ideal for long-term investment.

Which North Brisbane suburb has the highest rental yield?

Brendale currently offers one of the highest average rental yields at approximately 5.2%.

Is now a good time to buy in North Brisbane?

With interest rates stabilising and continued infrastructure growth, now is a strategic time to buy before prices climb further.

How far are these suburbs from Brisbane CBD?

Most suburbs on this list are located between 20km to 50km from the CBD, offering a balance between accessibility and affordability.

Are these suburbs family-friendly?

Yes, areas like Narangba, Morayfield, and Burpengary are well known for their schools, parks, and community feel.

Can Kelly Brothers Finance help with first-home buyer loans?

Absolutely. Our mortgage brokers specialise in guiding first-home buyers through available grants, loan options, and approvals.

Conclusion

As property prices continue to rise across Queensland, North Brisbane suburbs under $800K are becoming increasingly competitive. Whether you're a first-time buyer, seasoned investor, or looking to refinance, securing the right loan is key.



At Kelly Brothers Finance, our experienced North Brisbane mortgage brokers are here to help you navigate the lending landscape with personalised advice. We’ll work closely with you to find competitive loan options that suit your goals and budget.

Call us today at 07 3847 9450 to get started.