Home Loans for Nurses in Brisbane (2025): Everything You Need to Know

A home loan for nurses could be the difference between renting forever and finally owning a place you can call your own. For nurses, homeownership isn't just about financial stability, it’s about putting roots down near work, family, and community.

The good news is that lenders often offer better deals to nurses because of their reliable income, job stability, and essential role in society. 

If you're a nurse living or planning to live in Brisbane,our team at Kelly Brothers Finance can make the loan process feel refreshingly simple. Our mortgage brokers understand shift work, varying nursing income sources, and how to access lender perks just for healthcare professionals. 

Let’s explore further what is a nurse’s home loan, and how you can make your Brisbane homeownership dream real in 2025.

What Are Home Loans for Nurses?

A nurse home loan is a type of mortgage designed specifically for nurses and other healthcare professionals in Brisbane. Unlike standard home loans, these are built with your lifestyle and income patterns in mind, meaning they’re more flexible and often come with better terms.

Traditional home loans usually assess income based on predictable 9-to-5 salaries and often don’t account for shift penalties, overtime, or irregular rosters. Nurse home loans, on the other hand, recognise your unique income structure and offer options that work with you, not against you.

They also make it easier for first-time buyers in healthcare roles to enter the market by reducing costs and easing eligibility barriers.

Key Features of Nurses' Home Loans

These loans aren’t just different, they’re designed to work better for you. Here’s what sets them apart:

• LMI Waivers: Save thousands in upfront costs if you're eligible
  
• Lower Deposit Options: Sometimes as low as 5%, without needing a guarantor
  
• Flexible Income Assessment: Includes overtime, shift penalties, and casual hours
  
• Discounted Interest Rates: Some lenders offer preferential rates for medical professionals
  
• Faster Approval Times: Many lenders prioritise essential workers like nurses
  
  

These features help reduce the pressure and make it easier to step into your first—or next—home with confidence.

Brisbane Property Market in 2025: Insight Into Nurse’s Homeownership

Brisbane’s property market continues to shine in 2025, especially for essential workers like nurses looking to step into homeownership or invest in real estate. 

According to CoreLogic, Brisbane saw an annual price growth of 7.2% in 2024, driven by strong population growth, interstate migration, and high demand for affordable lifestyle suburbs.

The median house price in Brisbane currently sits around $800,000, while units average $520,000, offering more affordable entry points compared to Sydney and Melbourne. 

With major healthcare hubs like the Mater Hospital and Royal Brisbane and Women’s Hospital, plus government incentives for first-home buyers, Brisbane is ideal for nurses seeking job security, lifestyle affordability, and capital growth potential. The city’s mix of suburban calm and urban access makes it a strategic base for both living and investing.

Eligibility Criteria for Nurse Home Loan

To apply for a nurse-specific home loan, lenders generally require:

• Proof of Australian citizenship or permanent residency
  
• Employment evidence (e.g., current contract or letter from employer)
  
• Recent payslips (typically last 2–3 months)
  
• Group certificates or tax returns (especially for casual or contract roles)
  
• Minimum income requirement – varies by lender but often starts around $60,000 p.a.
• Clean credit history and reasonable credit score (usually 600+)
  
• Genuine savings – generally at least 5% of the purchase price
  
• Low debt-to-income ratio and responsible bank account conduct
  
  

Some lenders may also ask for additional documents like bank statements and rental history to confirm financial stability.

Who Is Eligible for Nurse Home Loans?

Nurse home loans in Brisbane are open to a wide range of healthcare professionals. If you’re in any of the following nursing roles, you could be eligible for tailored home loan options:

• Registered Nurses (RNs)
  
• Enrolled Nurses (ENs)
  
• Midwives
  
• Aged Care Nurses
  
• Nurse Practitioners
  
• Mental Health Nurses
  
• Critical Care or Emergency Nurses
  
• Clinical Nurse Consultants
  
• Nurse Educators and Managers
  
• Allied Health Professionals (e.g., physiotherapists, speech pathologists)
  
• Forensic, Cardiac, Geriatric, or Community Health Nurses
  
  

Many lenders also consider those employed in public hospitals, private practices, aged care facilities, or community health organisations across Brisbane.

Broker-Assisted Home Loan Options for Nurses

Finding the right home loan as a nurse can feel overwhelming, but you don’t have to go it alone. With a broker's help, you can match your income type, career stage, and goals to a suitable loan product.

Here are the most relevant home loan options for nurses in Brisbane:

Low Deposit Home Loans

Ideal for nurses with strong income but limited savings. These loans typically require just 5% deposit, and brokers can help you access options that waive Lenders Mortgage Insurance (LMI) for eligible healthcare workers.

Fixed-Rate Loans

Offers rate certainty over a set period—perfect if you want to budget around a predictable monthly repayment. Many Brisbane nurses opt for this to manage cash flow, especially during probation or career transitions.

Variable-Rate Loans with Offset Accounts

Suitable for nurses wanting flexibility and potential interest savings. An offset account allows your savings to reduce the interest you pay over time.

First Home Guarantee (Federal Government Scheme)

Allows eligible first-time buyers, including nurses, to purchase a home with as little as 5% deposit without paying LMI. A broker can help check your eligibility and manage your application with a participating lender.

QLD First Home Owner Grant

Offers $30,000 for nurses buying or building a new home under $750,000. Brokers ensure your application aligns with state requirements and deadlines.

Construction Loans for Nurses

For nurses building their dream home, this loan releases funds in stages. Brokers help structure repayments and approvals aligned with your builder's timeline.

Each loan type comes with different features, so using a mortgage broker familiar with nurse lending is key to choosing wisely.

Chat with Kelly Brothers Finance

Our experienced mortgage brokers have helped hundreds of nurses across North Brisbane and the wider Brisbane region find tailored home loans that truly fit their needs. 

Whether you're a first-time buyer or upgrading your space, we’ll guide you through every step—stress-free and jargon-free. Contact Kelly Brothers Finance or call us on (07) 3847 9450 for a free consultation today.

How to Apply for a Nurse Home Loan

Applying for a nurse home loan doesn’t need to be difficult, especially with expert guidance. Here’s a step-by-step guide tailored for eligible nurses in Brisbane:

1. Assess Your Borrowing Capacity

Begin by calculating your borrowing capacity based on your base salary, overtime income, and any other earnings like shift penalties. Lenders look at your total income stream and financial commitments to determine what you can afford.

2. Prepare Proof of Income and Documents

Gather all required documents including proof of income (recent payslips, tax returns, bank statements), ID, and employment contract. This is especially important for nurses with casual or shift-based work, as lenders want to verify a stable income.

4. Meet Deposit Requirements

Most nurse loans require a minimum deposit requirement of 5–10%, though a larger deposit can improve your chances and give you access to favourable terms. Saving genuine funds also demonstrates financial discipline and may reduce the need for Lenders Mortgage Insurance (LMI).

5. Apply for Pre-Approval

A pre-approval gives you clarity on your budget before you begin house hunting. It shows sellers you’re serious and allows your broker to present your profile to lenders offering competitive rates and nurse-specific benefits.

6. Submit Your Loan Application

Work with your broker to complete the necessary loan applications with lenders who understand the income structure of healthcare workers. This includes submitting accurate income breakdowns, especially if overtime income and extra shifts form part of your annual earnings.

7. Consider Loan Features

Choose a loan product that allows extra repayments without penalty, especially if your income fluctuates. This flexibility can reduce the life of the loan and increase savings over time.

8. Finalise the Property and Settlement

Once approved, you’ll finalise your purchase—whether it’s an owner-occupied home or an investment property. Your broker will guide you through loan terms, settlement timelines, and ensure everything aligns with your goals.

Working with a knowledgeable mortgage broker ensures the loan process is efficient and tailored to your role as a nurse, giving you the best possible path toward homeownership.

Ready to Take the Next Step?

Let’s turn your nursing career into homeownership success. Our team at Kelly Brothers Finance specialises in helping Brisbane nurses access competitive rates, low-deposit loans, and expert guidance every step of the way. Chat with our friendly mortgage brokers today at (07) 3847 9450 or visit us online to get started.

Frequently Asked Questions (FAQs)

Do nurses get cheaper home loans?

Yes, many lenders offer competitive interest rates and reduced fees as a loan solution for nurses. These come with potential savings such as fee waivers, rate discounts, and even LMI waiver for nurses.

What is the best home loan for nurses?

The best home loan depends on your income type and long-term goals. Options that offer additional income recognition and flexible terms are ideal for nursing roles such as a cardiac nurse, forensic nurse and many others.

Can a nurse afford a house in Australia?

Absolutely! Nurses with a steady income and strong credit report often meet lender criteria. Many also benefit from Government grants that reduce upfront costs and boost borrowing power.

How much income do I need for a $500,000 mortgage in Australia?

On average, you'll need around $85,000 to $95,000 annual income, depending on your debts and living expenses. If you have additional income from shift penalties or second jobs, it may boost your approval chances.

Do registered nurses pay LMI?

Not always. Some lenders offer an LMI waiver for nurses, especially for those in stable, essential roles like a registered nurse, cardiac nurse, or clinical nurse. Eligibility depends on the lender’s policy and your deposit size.

Wrapping It Up

In 2025, owning a home as a nurse in Brisbane isn’t just a dream; it’s completely within reach. With tailored home loan options, government perks, and lenders offering better deals for healthcare workers, it’s never been a better time to make a move. 



Whether you’re in North Brisbane, the wider Brisbane area, or just starting your property search, our expert mortgage brokers are here to guide you through it all. We understand shift work, unique income, and what matters most to you. 

Book your free consultation today with Kelly Brothers Finance, and we’ll help you take the next step toward your own front door. Call us on (07) 3847 9450 or visit our website.