Could Redland Bay be the Best Area to Buy in Redlands? Read the Redlands property buyers agent QLD Suburb Report on to Find Out!
Overview: Redland Bay, a picturesque suburb located on the coastline of Moreton Bay, offers a lifestyle filled with scenic beauty and modern conveniences. Known for its relaxed coastal charm and strong sense of community, the suburb features a mix of new housing developments and older homes with character. Redland Bay’s proximity to Brisbane and the Gold Coast makes it an attractive destination for families, professionals, and investors seeking a blend of suburban tranquillity and accessibility. Its stunning waterfront, growing infrastructure, and vibrant local amenities make Redland Bay a thriving location to call home.
Suburb Snapshot:
- Median House Price (2024): $910,000
- Median Unit Price (2024): $777,500
- Annual Growth Rate (Houses): +6.1%
- Distance to Brisbane CBD: 35 km (Approx. 45 minutes’ drive)
- Distance to Carindale: 25 km (Approx. 35 minutes’ drive)
- Distance to Gold Coast CBD: 67 km (Approx. 60 minutes’ drive to Cavill Ave, Surfers Paradise QLD 4217)
- Distance to Capalaba CBD: 18 km (Approx. 20 minutes’ drive)
Redland Bay’s strategic location and comprehensive amenities provide residents with a lifestyle that combines natural beauty and urban convenience.
Demographics: Based on ABS data, Redland Bay is home to a population of approximately 15,000 residents. The median age in the suburb is 37, with a majority of households being families. Detached houses dominate the housing landscape, making up the majority of dwellings. The suburb’s growing popularity has attracted young families and professionals who value its community-oriented environment and proximity to key services.
Property Market Overview:
Houses:
- Median Price (2024): $910,000
- Median Weekly Rent: $710
- Rental Yield: 4.1%
Units:
- Median Price (2024): $777,500
- Median Weekly Rent: $535
- Rental Yield: 3.6%
Long-Term Growth Rates: Redland Bay has shown consistent growth over the past decade. In 2007, the median house price was $450,000, which has risen to $910,000 in 2024. This represents an annual growth rate of approximately 5.1% over 17 years.
The suburb experienced significant growth spurts, particularly in 2021 (+19.9%) and 2022 (+21.8%), reflecting its enduring appeal among buyers and investors. These spikes were driven by infrastructure upgrades and increased demand for coastal living during the COVID-19 pandemic.
Vacancy Rate: Vacancy rate as of Nov 2024 is approximately 1.5%, indicating a strong rental market with high demand.
Education Options:
- Primary Schools: Redland Bay State School, Victoria Point State School
- Secondary Schools: Victoria Point State High School
- Private Schools: Faith Lutheran College, Carmel College
- Child Care Centres: Approximately 5 centres, including Little Scholars School of Early Learning and Redland Bay Child Care Centre.
Lifestyle and Amenities:
- Shopping Centres: Redland Bay Shopping Village, Victoria Point Shopping Centre
- Parks and Recreation: Sel Outridge Park, Redland Bay Golf Club, and waterfront trails along Moreton Bay
- Dining: A variety of cafés, restaurants, and pubs catering to diverse tastes
- Recreation: Boating, fishing, and access to the Southern Moreton Bay Islands
Health and Wellbeing:
- Healthcare Services: Local medical clinics and dental practices
- Hospitals: Redland Hospital (10 km), Mater Private Hospital Redlands (15 km)
- Pharmacies: Multiple options within Redland Bay and surrounding areas
Community and Employment: Key employment sectors in Redland Bay include retail, healthcare, education, and construction. The area’s proximity to Brisbane also enables residents to commute to the city for work. Local community events and activities foster a close-knit and supportive atmosphere.
Recent and Planned Developments:
- Shoreline Redland Bay Project: A master-planned community offering residential developments, parklands, and commercial spaces. This project aims to accommodate the suburb’s growth while maintaining its charm.
- Victoria Point Transport Upgrade: Enhanced public transport and road infrastructure to improve connectivity to Redland Bay and surrounding suburbs.
For more development projects in Redlands, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table:
| Metric | Value |
|---|---|
| Population | ~15,000 |
| Median House Price | $910,000 |
| Median Unit Price | $777,500 |
| Median House Rent | $710/week |
| Median Unit Rent | $535/week |
| Rental Yield (Houses) | 4.1% |
| Rental Yield (Units) | 3.6% |
| Schools | 4 (public and private) |
| Child Care Centres | 5 |
Looking for the Best Buyer’s Agent in Redlands Queensland? IPS Buyer’s Agent is here to help! As a full-service buyer’s agent for Redlands, we pride ourselves on delivering expert guidance tailored to your needs.
The Redlands holds a special place in my heart. For nearly a quarter of a century, I called it home. It’s where I built my life and invested in my first two properties. This deep connection drives my passion for helping others find their perfect property in this beautiful region.
Whether you’re a first-home buyer’s agent in Redlands QLD, upsizing with a Thornlands buyer’s agent for homebuyers, or downsizing with a property buyer’s agent in Victoria Point QLD, we have you covered. For those seeking smart investment opportunities, our expertise as a Capalaba buyer’s agent for investment properties ensures you’ll make informed decisions with confidence.
Are you searching for homes for sale in Cleveland QLD with a buyer’s agent? Or perhaps you’re navigating the competitive real estate market as you relocate to Redlands? Our expert suburb profiles, tailored reports, and dedicated services will guide you every step of the way.
At IPS Buyer’s Agent, we aim to be the top-rated buyer’s agent in Redlands Queensland by delivering unmatched support and advice. Contact us today to discover how we can help make your real estate journey a success!
Conclusion: Why Choose Redland Bay? Redland Bay stands out as a prime location for families and investors alike. With its stunning waterfront, thriving property market, excellent schools, and strong community spirit, the suburb offers a harmonious blend of lifestyle and opportunity. Its consistent growth and strategic location near Brisbane and the Gold Coast further enhance its appeal.
Ready to make Redland Bay your next destination? Contact us today to begin your journey!