Date Prepared: 13th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).

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Overview

Victoria Point is a vibrant coastal suburb situated 33 km southeast of Brisbane CBD in the Redland City region. Known for its stunning waterfront, family-friendly environment, and strong community ties, Victoria Point offers a unique blend of bayside living and urban convenience.

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Demographics

• Population: Approximately 15,500 (2021 Census, ABS).
• Median Age: 45 years, indicating a mature population with a mix of families and retirees.
• Dwelling Type: Primarily standalone houses, with a growing number of townhouses and units.
• Ownership: High rates of owner-occupiers, reflecting long-term residential stability.

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Property Market (2024)

Houses

• Median Sale Price: $900,000 (+7.8% annual growth).
• Median Weekly Rent: $690.
• Rental Yield: 4.0%.
• Sales Volume: 243 house sales in the past 12 months.

Units

• Median Sale Price: $637,501 (-12.1% annual change).
• Median Weekly Rent: $550.
• Rental Yield: 4.5%.

Long-Term Trends (2006–2024)

• Victoria Point’s property market has shown consistent growth, with house prices increasing from $392,000 in 2006 to $900,000 in 2024.

Recent Notable Sales

• 12 White Street: Sold for $1,975,000 (Nov 2024).
• 28 Orana Esplanade: Sold for $1,572,500 (Oct 2024).
• 178 Colburn Avenue: Sold for $1,250,000 (Oct 2024).

Source: Pricefinder, Your Investment Property Magazine.

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Education

Victoria Point is home to several reputable schools:

• Primary Schools:
  • Victoria Point State School.
  • Redland Bay State School (nearby).
• Secondary Schools:
  • Victoria Point State High School.
• Private Schools:
  • Faith Lutheran College, offering education from Prep to Year 12.

Source: Queensland Department of Education, Landchecker.

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Amenities and Lifestyle

Shopping

• Victoria Point Shopping Centre: Features major retailers, specialty stores, and dining options.
• Lakeside Shopping Centre: Offers boutique shopping and waterfront dining.

Parks and Recreation

• Thompson’s Beach: A family-friendly waterfront spot perfect for picnics and swimming.
• Eprapah Creek Conservation Park: Ideal for nature walks and bird watching.
• Point Halloran Conservation Area: A serene area with walking trails and scenic views.

Source: Google, Walkscore.

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Transport and Accessibility

• Road Network:
  • Well-connected via Cleveland-Redland Bay Road for easy travel to Brisbane and surrounding suburbs.
• Public Transport:
  • Regular bus services connect Victoria Point to Cleveland train station and Brisbane CBD.
• Walkability:
  • Moderate; local shops, parks, and schools are accessible by foot in central areas.

Source: TMR Queensland, Walkscore.

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Recent and Planned Developments

• Residential Growth: Continued development of modern family homes and townhouses.
• Community Enhancements: Upgrades to parks, waterfront areas, and public amenities by Redland City Council.

Source: Pricefinder, Your Investment Property Magazine.

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Community and Employment

• Employment Sectors:
  • Healthcare, retail, education, and construction dominate the job market.
• Community Activities:
  • Farmers’ markets, coastal festivals, and outdoor recreation opportunities contribute to Victoria Point’s vibrant community.

Source: ABS, Your Investment Property Magazine.

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Key Statistics at a Glance

Metric	Value
Population	~15,500 (2021 Census).
Median House Price (2024)	$900,000.
Median Rent (Houses)	$690/week.
Rental Yield (Houses)	4.0%.
Median Unit Price (2024)	$637,501.
Median Rent (Units)	$550/week.
Rental Yield (Units)	4.5%.
Notable Parks	Thompson’s Beach, Eprapah Creek, Point Halloran.
Transport Access	Cleveland-Redland Bay Road, bus services.

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Conclusion

Victoria Point combines the charm of coastal living with urban convenience, making it a prime location for families, professionals, and retirees. Its thriving property market, excellent schools, and strong sense of community ensure sustained demand and long-term growth.