Redlands Property Market 2026: Prices, Rents and the Main Suburbs of Redland City
The Redlands property market crossed the million-dollar mark in 2025: the REIQ’s median house price for the Redland council area reached $1,115,000 in the December 2025 quarter, up 7.37% in three months, the strongest quarterly growth of any council area it reported.[1] Since then the wider Brisbane market has cooled, with Cotality’s Greater Brisbane index, which includes Redland, down 4.7% over the September 2026 quarter.[2]
This guide sets out where the Redlands Coast stands in late 2026, using named and dated sources: how prices got here, rents by postcode, vacancy, population, the main parts of the city and what to check before you buy. It describes the data; it does not forecast prices. For the buying process in Redlands, see our guide to buying property in Redlands.
Key takeaways
- Redland’s median house price rose from $900,000 in the September 2024 quarter to $1,115,000 in the December 2025 quarter, on REIQ figures.[3][1]
- Greater Brisbane values have since eased, and sales volumes fell sharply in 2026.
- The mainland rental market is tight; the Bay Islands are the exception, with a weak rental market.
- House rents rose over the year in most mainland postcodes.
- Check the council’s flood and storm tide overlay for any bayside or island property.
The Redlands property market at a glance
| Indicator | Latest reading | Source and period |
|---|---|---|
| Median house price (quarter) | $1,115,000, up 7.37% in the quarter | REIQ, December 2025 quarter[1] |
| Median house price (12 months) | $1,045,000, up 16.11% on a year earlier | REIQ, December 2025 quarter[1] |
| Greater Brisbane dwelling values | Down 1.5% in September and 4.7% over the quarter; up 5.9% over the year | Cotality, to 30 September 2026[2] |
| Rental vacancy, Redland | 1.0%, unchanged on the quarter before | REIQ, December 2025 quarter[4] |
| Rental vacancy, Bay Islands | 4.3%, a weak market | REIQ, June 2026 quarter[5] |
| Population | 172,831, up 2,891 in a year | QGSO, 30 June 2025[6] |
The REIQ’s more recent quarterly releases did not report a Redland median, so December 2025 is the latest REIQ figure for the city. Cotality’s figures are newer but cover Greater Brisbane as a whole. Check recent sales in the suburb and street you are considering, not just the city median.
How Redlands prices got here
Redland’s house median has climbed steadily over the last two years. These are the REIQ’s quarterly median house prices for the council area:
| Quarter | Median house price, Redland |
|---|---|
| September 2024 | $900,000[3] |
| December 2024 | $941,000, up 4.56%[7] |
| March 2025 | $950,000, up 0.53%[8] |
| September 2025 | Passed $1 million for the first time[1] |
| December 2025 | $1,115,000, up 7.37%[1] |
Units moved too. In the March 2025 quarter the REIQ recorded Redland’s unit median rising 9.55% to $720,000.[8] In early 2025 the REIQ noted that Redland, along with Ipswich, Logan and Moreton Bay, was outpacing Brisbane’s council area, suggesting buyers were searching for value outside the city.[7]
We do not forecast prices, but the latest data shows the run-up has paused across South East Queensland. Cotality’s Greater Brisbane index fell 1.5% in September and 4.7% over the September 2026 quarter, though it was still 5.9% higher than a year earlier; Brisbane’s home sales over three months were 27.2% lower than a year before, and capital city homes were taking a median of 39 days to sell, up from 23.[2] The REIQ’s statewide median house price slipped 0.91% in the June 2026 quarter, to $983,000.[9]
For buyers, a slower market usually means more time for due diligence and more room to negotiate on price and terms. It also means last year’s sales can overstate today’s value, so price each home on the most recent comparable sales.
The mainland rental market has stayed tight. The REIQ recorded a vacancy rate of 1.0% for Redland in the December 2025 quarter, deep in what it classes as tight territory.[4] The Bay Islands are different: at 4.3% in the June 2026 quarter, they were one of only two weak rental markets in Queensland.[5]
The Residential Tenancies Authority publishes median rents from new bonds. For houses, the July to September 2026 quarter compares with the same quarter a year earlier as follows:[10]
| Postcode (main suburbs)[10] | 3-bedroom house, Jul–Sep 2026 | A year earlier | 4-bedroom house, Jul–Sep 2026 | A year earlier |
|---|---|---|---|---|
| 4157 (Capalaba, Sheldon) | $700 | $675 | $800 | $760 |
| 4159 (Birkdale) | $750 | $695 | $880 | $790 |
| 4160 (Wellington Point, Ormiston) | $700 | $670 | $872.50 | $850 |
| 4161 (Alexandra Hills) | $680 | $645 | $847.50 | $750 |
| 4163 (Cleveland) | $700 | $650 | $870 | $800 |
| 4164 (Thornlands) | $720 | $687.50 | $790 | $750 |
| 4165 (Victoria Point, Redland Bay, Mount Cotton) | $720 | $650 | $800 | $760 |
| 4184 (Bay Islands) | $497.50 | $457.50 | N/A | N/A |
Weekly medians from new bonds lodged, per the RTA quick finder.[10] Every mainland figure in the table was higher than a year earlier. Postcode 4165 had by far the most four-bedroom bonds, 173 in the quarter, while some postcodes had fewer than ten 3-bedroom bonds, so treat small samples with care.
Redland had 172,831 residents at 30 June 2025, the tenth-largest council area in Queensland. It added 2,891 people in the year to June 2025, after adding 3,383 the year before.[6] Logan, Moreton Bay and Ipswich each added more than 9,000 people in the same year, so Redland is growing more slowly than its neighbours.[6]
The projects shaping the city are covered in our guide to the top Redland City infrastructure developments.
Redland City runs from the edge of Brisbane’s south-east down the bay to Redland Bay, plus the islands. Our Redlands suburb reports cover each suburb; these are the broad areas buyers choose between.
- The west. Capalaba, Alexandra Hills and Sheldon, closest to Brisbane.
- The northern bayside. Thorneside, Birkdale, Wellington Point and Ormiston.
- Cleveland and Thornlands. Cleveland and its southern neighbour Thornlands.
- The south. Victoria Point, Redland Bay and Mount Cotton, which share postcode 4165, the busiest rental postcode in the table.[10]
- The islands. North Stradbroke Island and the Southern Moreton Bay Islands, with the lowest rents in the city and the weakest rental market.[5]
- Storm tide and flooding. Redland City Council says its coastline is vulnerable to storm tide inundation. Its Flood and Storm Tide Hazard Overlay, part of the City Plan, has separate maps for the mainland and the islands, and the peak storm tide level for a property is available through a property enquiry on the council’s Development.i system.[11]
- Recent sales, not old medians. With the latest REIQ city median from December 2025 and the wider market easing since,[2] compare the most recent sales of similar homes nearby, or order a valuation; see our guide to property valuations.
- Island purchases. Check ferry access, insurance and resale and rental demand carefully; the Bay Islands’ 4.3% vacancy rate is far above the mainland’s.[5]
- The contract and disclosure. Read the seller disclosure documents and the contract before you sign; our guide to the contract of sale in QLD explains each part.
- The full cost. Add transfer duty and fees with our property purchase calculator.
IPS works only for buyers, never sellers, across South East Queensland, including the Redlands Coast. We search listed and off-market property, inspect, check recent sales, negotiate or bid at auction, and work with your broker, inspector and solicitor through to settlement. See our buyer’s agent services for how we work, and our guide to buyer’s agents in Redland City.
Redland’s house median passed $1 million in 2025 and reached $1,115,000 in the December 2025 quarter.[1] The wider Brisbane market has eased since,[2] the mainland rental market remains tight at around 1%,[4] and the islands are a separate, softer market.[5] For buyers, that means pricing each home on its latest comparable sales and checking the council’s storm tide mapping for anything near the water.
This article is general information only, current at November 2026. It is not financial or investment advice, does not forecast prices, and does not consider your circumstances. Market figures change each quarter; check the latest data and get advice before you buy.
If you are looking to buy on the Redlands Coast, book a time with Tim Allen.
- REIQ — Queensland property prices pushed up by persistent supply pressures (December 2025 quarter data, 31 March 2026)
- Cotality — Home Value Index, October 2026 (data to 30 September 2026)
- REIQ — Queensland real estate steadies but set to spring (September 2024 quarter data, 27 November 2024)
- REIQ — Time for a reset to ease Queensland’s rental market pressures (December 2025 quarter vacancy rates, 29 January 2026)
- REIQ — State of flux in Queensland’s rental market (June 2026 quarter vacancy rates, 30 July 2026)
- Queensland Government Statistician’s Office — Population growth, regional Queensland, 2024–25 (ABS data released 31 March 2026)
- REIQ — Queensland property continues to inspire confidence (December 2024 quarter data, 2 March 2025)
- REIQ — Queensland property stands the test of time (March 2025 quarter data, 5 June 2025)
- REIQ — Queensland property market takes a breath after years of rapid growth (June 2026 quarter data, 31 August 2026)
- Residential Tenancies Authority — Median rents quick finder (Jul–Sep 2026 and Jul–Sep 2025, houses, read 1 November 2026)
- Redland City Council — Storm tide mapping information
What is the median house price in Redlands?
The REIQ’s median house sale price for the Redland council area was $1,115,000 in the December 2025 quarter, up 7.37% in three months, and the 12-month median was $1,045,000, up 16.11% on a year earlier. Prices vary widely between the bayside suburbs, the south and the islands, so check recent sales in the suburb you are considering.
Is the Redlands property market slowing?
The wider market has eased. Cotality’s Greater Brisbane index, which includes Redland, fell 4.7% over the September 2026 quarter, although it was still 5.9% higher than a year earlier, and Brisbane sales volumes were well down on 2025. This describes past data only; it is not a forecast.
What is the rental vacancy rate in Redlands?
The REIQ recorded a vacancy rate of 1.0% for Redland in the December 2025 quarter, which it classes as tight. The Bay Islands are different: their vacancy rate was 4.3% in the June 2026 quarter, one of only two weak rental markets in Queensland.
How much is rent for a house in Redlands?
Residential Tenancies Authority data for July to September 2026 shows median rents for new leases on 3-bedroom houses from $680 a week in Alexandra Hills to $750 in Birkdale, and on 4-bedroom houses from $790 in Thornlands to $880 in Birkdale. On the Bay Islands, 3-bedroom houses rented for a median of $497.50.
How many people live in Redlands?
Redland City had 172,831 residents at 30 June 2025, the tenth-largest council area in Queensland, according to the Queensland Government Statistician’s Office. It added 2,891 people in the year to June 2025, fewer than its neighbours Logan, Moreton Bay and Ipswich.
Which suburbs are in Redland City?
On the mainland, Redland City includes Capalaba, Sheldon, Alexandra Hills, Thorneside, Birkdale, Wellington Point, Ormiston, Cleveland, Thornlands, Victoria Point, Redland Bay and Mount Cotton. It also includes North Stradbroke Island and the Southern Moreton Bay Islands, such as Russell, Macleay, Lamb, Karragarra and Coochiemudlo.