Redland Bay, located in the scenic Redland region of Queensland, has been experiencing notable activity in its housing market. As a coastal suburb with picturesque views of Moreton Bay, it has become an attractive spot for homebuyers seeking a balance between a serene lifestyle and accessibility to urban amenities. In recent years, Redland Bay has seen a steady increase in property values, attributed to ongoing demand fueled by its appealing waterfront living and the development of infrastructure projects aimed at improving connectivity to Brisbane's CBD. The housing market here is characterized by a mix of well-established homes, modern developments, and low-density residential zones that cater to various preferences and budgets. Potential buyers are particularly drawn to the area's suburban charm, promising investment opportunities, and the promise of a family-friendly environment enveloped by natural beauty.
Living in Redland Bay offers residents a harmonious blend of suburban tranquility and coastal recreation. With expansive parks, lush golf courses, and stunning beaches in close proximity, outdoor enthusiasts find ample opportunities for leisure and adventure. The community enjoys a relaxed pace of life, punctuated by local events, farmers' markets, and social gatherings that foster a strong sense of camaraderie among neighbors. Residents benefit from a range of amenities, including schools, shopping centers, and healthcare services, ensuring convenience without compromising the laid-back coastal atmosphere. The idyllic setting of Redland Bay, combined with its strategic location and community-centric ethos, makes it a highly sought-after locale for families, retirees, and those seeking a peaceful retreat away from the bustling city life.
Median Weekly Rent | $476.73 |
Median Monthly Mortgage | $2094.00 |
Median Persons Per bed houseroom | 0.73 |
Average Household Size | 2.90 |
Average Age | 41.13 |
Average Income | $836.63 |
Average Cars Per Dwelling | 2.14 |
Average Properties Within 50M | 11 |
Typical 1 bed house | $847,000 |
Typical 2 bed house | $726,000 |
Typical 3 bed house | $787,000 |
Typical 4 bed house | $981,000 |
Typical 5 bed house | $1,177,000 |
Typical 6 bed+ house | $1,263,000 |
Housing Stock
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Thinking about buying in Redland Bay? Now could not be a better time, with 8537 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $907,000 with prices in this suburb ranging from $142,000 to $6,619,000. Redland Bay is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Consistent high demand relative to supply is a key feature in Redland Bay driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Redland Bay due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Redland Bay classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Redland Bay requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property ValuationRedland Bay State School
St Rita's Primary School
Victoria Point State High School
Faith Lutheran College - Redlands
Victoria Point State School
(While the above schools are located with the suburb of Redland Bay there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 7.9 | 20.4 | 28.1 | 57.4 | 96.2 | 2.5 | 24.2 |
Feb | 2.7 | 20.9 | 29.6 | 52.2 | 92.3 | 3.4 | 23.5 |
Mar | 6.2 | 20.5 | 28.4 | 61.8 | 95.3 | 2.6 | 18.2 |
Apr | 2.9 | 16.2 | 26.2 | 51.4 | 94.7 | 2.1 | 16.2 |
May | 1.9 | 13.3 | 23.2 | 51.1 | 90.3 | 2.2 | 13.7 |
Jun | 1.8 | 11.4 | 21.2 | 53.0 | 91.1 | 2.2 | 12.4 |
Jul | 1.3 | 10.5 | 21.3 | 47 | 91.1 | 2.1 | 13.5 |
Aug | 0.6 | 10.1 | 22.2 | 38.3 | 89.0 | 2.2 | 16.6 |
Sept | 0.8 | 13.3 | 23.4 | 47.9 | 92.2 | 2.7 | 19.4 |
Oct | 3.7 | 15.9 | 25.1 | 54.3 | 94 | 2.7 | 22.1 |
Nov | 0.8 | 18.4 | 27.4 | 48.8 | 88.6 | 3.2 | 27.0 |
Dec | 1.8 | 20.3 | 30.1 | 46.2 | 89.7 | 3.1 | 27 |
source: Australian Government Bureau of Meteorology
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