Week of May 24, 2026

Redlands Property Watch

Your weekly deep dive into the Redlands Coast property market

Data sourced from realestate.com.au, Domain, property.com.au

Active Listings
1,438
houses & units
District Median
$1.1M
houses
Avg Days
33
on market
Avg Rent
$720
per week

Market Snapshot

The Redlands Coast market continues its steady trajectory with demand holding firm through late May. Victoria Point and Redland Bay are leading the growth in median prices, up 4.1% and 3.2% respectively over the past quarter. Investor activity is picking up as rental yields remain attractive across the district.

Suburb Median Prices (Houses)

Ormiston $1,295,000
Cleveland $1,275,000
Birkdale $1,250,000
Redland Bay $1,110,000
Victoria Point $1,090,000
Thornlands $1,050,000
Alexandra Hills $1,015,000
Capalaba $1,054,000

Sold Last Week

4 Poseidon Street, Cleveland QLD 4163
Sold 18 May 2026
4 Poseidon Street, Cleveland QLD 4163
$1,175,000
4 Bed | 2 Bath | 2 Car | 684m²
20 Haven Street, Victoria Point QLD 4165
Sold 22 May 2026
20 Haven Street, Victoria Point QLD 4165
$1,075,000
4 Bed | 2 Bath | 2 Car | 352m²
24 Seabrae Drive, Redland Bay QLD 4165
Sold 13 May 2026
24 Seabrae Drive, Redland Bay QLD 4165
$1,340,000
4 Bed | 2 Bath | 2 Car | 700m²
29 Viola Drive, Redland Bay QLD 4165
Sold 14 May 2026
29 Viola Drive, Redland Bay QLD 4165
$1,630,000
5 Bed | 2 Bath | 2 Car | 6,863m²
12/62-64 Island Street, Cleveland QLD 4163
Sold 13 May 2026
12/62-64 Island Street, Cleveland QLD 4163
$995,000
3 Bed | 2 Bath | 1 Car | 420m²

New House Listings

Fresh to the market this week across Redlands Coast

Cleveland (8 New Listings)
1 Margarets View, Cleveland
5 Bed | 3 Bath | 2 Car | 620m²
$1,395,000
Presented by The Haven Team | Spacious family home with bay views
View on Realestate.com.au
53 South Street, Cleveland
5 Bed | 3 Bath | 4 Car | 1,012m²
$1,850,000
Premium waterfront location | Rare 1,012m² block
View on Realestate.com.au
28 Wharf Street, Cleveland
4 Bed | 2 Bath | 2 Car | 809m²
$1,420,000
Walking distance to Raby Bay harbour
View on Realestate.com.au
15 Bloomfield Court, Cleveland
4 Bed | 2 Bath | 2 Car | 567m²
$1,075,000
Renovated kitchen and bathrooms
View on Realestate.com.au
Capalaba (6 New Listings)
42 Morrie Nickels Drive, Capalaba
4 Bed | 2 Bath | 2 Car | 604m²
$899,000
First home buyer friendly | Close to Capalaba CBD
View on Realestate.com.au
15 Cherry Road, Capalaba
3 Bed | 1 Bath | 1 Car | 485m²
$725,000
Entry level price | Ideal for investors
View on Realestate.com.au
8 Fenwick Street, Capalaba
4 Bed | 2 Bath | 2 Car | 720m²
$950,000
Large block | Dual living potential
View on Realestate.com.au
31 Batsworth Terrace, Capalaba
5 Bed | 3 Bath | 2 Car | 890m²
$1,100,000
Executive family home | Near schools
View on Realestate.com.au
Victoria Point (11 New Listings)
557 Cleveland Redland Bay Road, Victoria Point
4 Bed | 2 Bath | 12 Car | 4,000m²
EOI
Expressions of Interest | 4 acre lifestyle block
View on Realestate.com.au
91 Brookvale Drive, Victoria Point
5 Bed | 3 Bath | 2 Car | 700m²
$1,250,000
Brand new build | Premium finishes
View on Realestate.com.au
14 Singleton Crescent, Victoria Point
4 Bed | 2 Bath | 2 Car | 650m²
$1,050,000
Private pool | Near schools
View on Realestate.com.au
6 Edmunds Way, Victoria Point
3 Bed | 2 Bath | 2 Car | 580m²
$865,000
Affordable entry | Renovated throughout
View on Realestate.com.au
Thornlands (4 New Listings)
22 Magnolia Drive, Thornlands
4 Bed | 2 Bath | 2 Car | 602m²
$980,000
Modern home | Near Thornlands school
View on Realestate.com.au
8 Turana Street, Thornlands
5 Bed | 3 Bath | 2 Car | 740m²
$1,150,000
Double storey | Near bay
View on Realestate.com.au
35 Bayside Ridge, Thornlands
4 Bed | 2 Bath | 2 Car | 648m²
$1,020,000
Hilltop position | Bay glimpses
View on Realestate.com.au
Alexandra Hills (5 New Listings)
12 Windaroo Street, Alexandra Hills
4 Bed | 2 Bath | 2 Car | 580m²
$875,000
Solid brick | Ready to move in
View on Realestate.com.au
45 Allan Cunningham Drive, Alexandra Hills
3 Bed | 1 Bath | 2 Car | 520m²
$749,000
Great value | Close to shops
View on Realestate.com.au
28 Hillcrest Parade, Alexandra Hills
4 Bed | 2 Bath | 2 Car | 601m²
$915,000
Elevated position | Updated kitchen
View on Realestate.com.au
Redland Bay (7 New Listings)
24 Seabrae Drive, Redland Bay
4 Bed | 2 Bath | 2 Car | 700m²
$1,340,000
Recently sold, new to market | Bay views
View on Realestate.com.au
42 McWilliam Street, Redland Bay
4 Bed | 2 Bath | 2 Car | 600m²
$930,000
Estimated value range $930k-$1.23M
View on Realestate.com.au
15 Pacific Drive, Redland Bay
5 Bed | 3 Bath | 2 Car | 800m²
$1,450,000
Waterfront estate | Private jetty
View on Realestate.com.au
7 Bayside Court, Redland Bay
3 Bed | 2 Bath | 2 Car | 540m²
$820,000
Entry level | Quiet cul-de-sac
View on Realestate.com.au
Birkdale (5 New Listings)
73 Collingwood Road, Birkdale
4 Bed | 2 Bath | 2 Car | 660m²
$1,100,000
Bayside Property Agents listing
View on Realestate.com.au
12 Birkdale Vista, Birkdale
5 Bed | 3 Bath | 2 Car | 720m²
$1,225,000
Near community precinct | Family sized
View on Realestate.com.au
8 Anita Street, Birkdale
4 Bed | 2 Bath | 2 Car | 600m²
$995,000
Brick veneer | Near Birkdale shops
View on Realestate.com.au

Rental Watch View all rentals

Address Type Beds Rent pw
134/673-685 Cleveland Redland Bay Rd, Victoria Point unit 2 $625
81/673-685 Cleveland Redland Bay Rd, Victoria Point unit 2 $620
659 Cleveland Redland Bay Road, Victoria Point house 3 $585
600 Cleveland Redland Bay Road, Victoria Point house 3 $765
7 Portland Parade, Redland Bay house 4 $720
3 Putter Place, Redland Bay house 3 $730

What's Driving the Market

First Home Buyers Active in Victoria Point

With the median cracking $1.1M, first home buyers are targeting entry-level properties in VP and Capalaba where prices remain more accessible at the $850k-$950k bracket.

Rental Demand Steady

House rents averaging $720/week with yields around 4.2-4.8%. 3-bedroom houses in Cleveland and VP are leasing within 2 weeks of listing.

Brisbane 2032 Legacy Effect

World Paddle Games 2030 bid and infrastructure investment at Birkdale Community Precinct are supporting sentiment in the medium-term investor bracket.

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Data sourced from realestate.com.au, Domain.com.au, and property.com.au. All data is indicative only and subject to change. Figures reflect reported sales and listings at time of publication.

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