Places in Brisbane where children are set to inherit multi-million dollar properties

Residents in Brisbane’s wealthiest suburbs are on track to inherit up to $1m each in property wealth this year, as part of the largest multi-generational wealth transfer in history – leaving low-income Australians locked out of the market.

At the heart of this generational transition are established inner and middle suburbs including Ascot, Robertson and Brookfield, where long-held homes have grown in value and children of older adults stand to reap windfalls of more than $500,000 each.

Plots for sale in Grays Rd, Hamilton Hamilton is one of the cities where a large amount of real estate is set to change hands.

---

RELATED: Australian parents consider leaving an inheritance to the poor instead of their children

Revealed: Places in Brisbane where you can inherit a $2m house deposit

New modeling from real estate platform Foundit, which analyzed current house and unit prices alongside Census data on mortgages for Australians over 80, reveals a snapshot of how much real estate wealth could change hands in 2026 alone.

“The largest intergenerational transfer of wealth in history is no longer a theory,” said Foundit head of research Kent Lardner. “In Greater Brisbane, it’s now measurable – and accelerating.”

Modeling assumes 5 percent of people over the age of 80 will transfer real estate this year, and the average number of houses and units, measured by actual ownership patterns in each suburb, to calculate the average area that supports inheritance.

This property at 81 Towers St, Ascot, recently sold for more than $5m. Ascot is one of the towns where a large amount of intergenerational wealth is set to change hands.

---

FoundIt head of research Kent Lardner.

---

It is also assumed that the two older children share the property.

“The result is a clear map of where six and seven properties may appear,” said Mr Lardner.

“Across Greater Brisbane, decades of value appreciation and direct ownership among senior citizens are now translating into next-generation capital.

“In suburbs like Ascot, a seven-figure inheritance per child becomes a tangible result. Across the inner and middle ring, transfers are well over half a million dollars per benefactor.”

Mr Lardner said the modeling revealed where Brisbane’s next wave of deposit volume and capital growth was likely to come from.

Other cities set for a wealth boom this year include Hamilton, Bardon, Bulimba, and Ashgrove.

This property at 45 Harrison St, Bulimba, is on the market for offers in excess of $2.85m. Bulimba is one of the suburbs where families are destined to inherit many generations of wealth.

---

It comes as new analysis by Eda Property found that $468 billion will be transferred to Queenslanders in the form of inherited wealth over the next 14 years.

Queensland’s share represents 18 per cent of Australia’s national heritage, the third largest transfer in the country behind NSW’s 32 per cent and Victoria’s 27 per cent.

The founder of Eda Property and strategist Anissa Cavallo said that the affluent areas that receive a large part of this wealth will increase the divide between the middle class and the upper class.

“Many people in the middle class now may be homeless, and that was the Australian dream,” she said. “I don’t see this property being dismantled, it’s going to stay at that high price, but I think it’s going to move away from the suburbs.”

An analysis by Eda Property found that residents of Fig Tree Pocket will be the most successful when it comes to inherited wealth, with 134 families expected to receive $324m over the next five years.

This property at 15 Cromwell Cl, Brookfield, recently sold for $1.735m. The older children in Brookfield are set to inherit a large amount of wealth for generations.

---

MORE: Historic Brisbane mansion hits market for only second time since 1940

Brisbane area where you may be able to inherit a home deposit

Hamilton beneficiaries could receive $732 million, while the Brookfield – Kenmore Hills area, Rochedale – Burbank and Hawthorne areas will each see family transfers of more than $2m.

The analysis found single-family homes in upscale neighborhoods like Fig Tree Pocket and Hamilton often flipped when neighborhoods stabilized, but cash-strapped beneficiaries outnumbered low-income earners trying to buy in affordable markets.

Ms Cavallo said beneficiaries usually don’t just buy one home – they invest in at least one other property and develop their primary property.

“This accelerates wealth creation for inheritors compared to non-inheritors, widening the gap over time,” he said.

“Estate buyers can make unconditional offers, get pulled out of auction, and weather rates rise. Only income buyers are increasingly being priced out of all price points.”

This property at 97 Lindsay St, Hawthorne, is currently for sale.

---

Eda Property compiled the research with reference data from analytics firm Seer and the Australian Bureau of Statistics.

Ms Cavallo said the transfer of wealth in the coming years will have a greater impact on house prices than government incentives or any other measures.

“It will not be about the interest rates, it may not drop below two percent,” he said. “It’s not going to be affordability – everywhere is unaffordable. It’s not going to be government policies… [sometimes] they are not binding.”

Gold Coast veteran Ray White’s Andrew Bell said the intergenerational transfer of wealth was already evident given the rise of hard-working buyers at the lower end of the market – an area once dominated by lifelong earners and self-made entrepreneurs.

“As the cost of living increases and home ownership becomes more difficult for younger generations, we are seeing more parents step in to help,” said Mr Bell.

Many have downsized, freeing up capital by selling the family home and opting for apartments or smaller properties. They use this money to give or lend money, often interest-free, to their children to help them secure their place in the market, and in many cases, their dream home.

Mr Bell said that at the same time, children who grew up to build large fortunes were reaching the later stages and large inheritances were passed on.

“And this is just the beginning,” he said. “As more wealth continues to be passed down between generations, this trend will accelerate.”

This property at 20 Robertson Pl, Fig Tree Pocket, recently sold for $2.4m. Families in the Fig Tree fund are set to inherit large sums of wealth for generations.

---

Director of Millennial Wealth, Rob Creaton, said that many of his clients were bequeathing large sums of money to their children in their early 20s – typically $50,000 to $100,000 – or agreeing to use their properties as collateral so their children could get a mortgage.

“For the past two to three years, it’s been one of the biggest topics of conversation,” Mr Creaton said.

“I even have many clients who have three, four, five or six-year-old children who are thinking of saving money for them so that when they are 20, 25, they can buy.

“They are very worried that their children will not be able to buy a property.”

The founder of Australian Property Scout, Sam Gordon, said he saw some customers putting down equity in their homes to give their children money to enter the housing market.

“We are seeing some parents in their 50s and 60s receiving their inheritance and giving their children a small portion of that,” Mr Gordon said.

“We also see a small percentage of parents and grandparents saying, ‘I’ll help them get their first house now’ and giving them $100,000 or $150,000.”

But he said it is difficult to break into many rich areas because the areas are often passed down from generation to generation.

This property at 4 Walnut St, Rochedale, is for sale. Rochedale has been identified as a suburb where a large amount of intergenerational wealth is expected to be passed on.

---

Research from analytics firm Deloitte found that Australians will inherit $5.4 trillion by 2050; but they found that the majority could not fight for the best way to spend this money.

An estimated 59 per cent of Australians are found to have low levels of financial literacy: understanding financial principles and a person’s ability to apply them when making decisions about their money.

“I would say 59 percent is actually solid,” Ms. Cavallo said, referring to real estate investments. “I often explain to my clients for the first time that I see the difference between capital growth and yield … more than 60 percent of the people I talk to don’t know what that means.”

Deloitte models say average household wealth would increase by $122,950 if every Australian had an improved level of financial literacy.

Eda Property founder Anissa Cavallo.

---

Ms. Cavallo said that understanding financial strength can allow people who want to enter the property market to do things that benefit them, rather than the interests of sellers and agents that need to be contacted.

“Unfortunately for many Australians, middle-class Australians who work hard, property is one of the areas that help them achieve financial freedom,” she said.

Discoverer’s financial expert Sarah Megginson said family wealth was becoming an important source of income for Australians struggling with the cost of living.

“Millions silently depend on the support of families to achieve their financial goals, be it buying a house, sending their children to a private school or paying off debts,” she said.

“With the high cost of living and the bulk of the wealth held by the older generations in luxury properties, it’s understandable that some Australians bank on inheritance, but don’t put all your eggs in one basket.

“Many people are surprised after the death of a loved one to find that their financial situation is not what they expected, or that assets have been left to other people.”

– Additional reporting by Nicholas Finch.