Redland Bay, QLD 4165: Suburb Profile & Property Report

Market Report

House report
Unit Report

Redland Bay has 438 houses available for sale. The median property price for a house is currently $880,500 with annual capital growth of 4.98% . There were 366 house sales in the past 12 months. On average, houses spend 24 days on market.

If you're thinking about buying an investment property in Redland Bay, consider that rental yields for houses are currently 3.98% with an average median rent of $700 weekly. Houses have seen 0.63% growth in the past quarter, and 4.98% growth in the past 12 months.

The size of Redland Bay is approximately 47.6 square kilometres. It has 40 parks covering nearly 13.5% of total area. The population of Redland Bay in 2011 was 13,625 people. By 2016 the population was 14,971 showing a population growth of 9.9% in the area during that time. The predominant age group in Redland Bay is 40-49 years.

Households in Redland Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redland Bay work in a trades occupation. In 2011, 72.6% of the homes in Redland Bay were owner-occupied compared with 73.2% in 2016.

Redland Bay has 19 units available for sale. The median property price for a unit is currently $697,500 with annual capital growth of 20.78% . There were 16 unit sales in the past 12 months. On average, units spend 44 days on market.

If you're thinking about buying an investment property in Redland Bay, consider that rental yields for units are currently 4.36% with an average median rent of $505 weekly. Units have seen 0.36% growth in the past quarter, and 20.78% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$880,500	$697,500
Quarterly growth	+0.63%	+0.36%
12-month growth	+4.98%	+20.78%
Average annual growth	+10.07%	+3.68%
Weekly median rent	$700	$505
Gross rental yield	3.98%	4.36%
Number of Sales (12m)	366	16
Avg. Days on Market (12m)	24	44

Jump to Market Trends

Key Demographics	2011	2016
Total population	13,625	14,971
Population change (5y)	+39.80%	+9.90%
Median household income (p/w)	$1,588	$1,717
Household income change (5y)	+29.63%	+8.12%
Median age of persons	36	39

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Redland Bay is $880,500 for houses and $697,500 for units.

The Median Growth in Redland Bay over the past 12 months is 4.98% for houses and 20.78% for units.

Over the past 12 months there were 366 houses sold and 16 units sold in Redland Bay. On average, houses spent 24 days on market and units spent 44 days on market.

In the past 12 months up to August 2024 there were 366 houses sold and 16 units sold in Redland Bay. On average, houses spent 24 days on market and units spent 44 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Redland Bay is $700 for houses and $505 for units.

The Rental Yield in Redland Bay is 3.98% for houses and 4.36% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Redland Bay was 14,971 in 2016, a +9.90% change compared to 2011.

The predominant age group in Redland Bay is 40-49 years.

The population of Redland Bay was 14,971 in 2016, a +9.90% change compared to 2011.

The predominant age group in Redland Bay is 10-19 years.

Most of the population in Redland Bay were born in Australia.

Most of the population in Redland Bay report their religion as No Religion.

Most of the population in Redland Bay report their religion as Catholic.

Most of the population in Redland Bay report their income range as between $78,000 and $130,000 .

The median household income in Redland Bay was $1,717 in 2016, a +8.12% change compared to 2011.

Most of the population in Redland Bay report their income range as between $78,000 and $130,000 .

The median household income in Redland Bay was $1,588 in 2011, a +29.63% change compared to 2006.

Most of the population in Redland Bay work as Trades.

The chart below demonstrates the various levels of education in Redland Bay.

Most of the population in Redland Bay reached a qualification level of Certificate.

2011 2016

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