Redland City Council
Overview of 2026 land valuation
- 63,778 properties revalued, with a total value of $42,213,052,100.
- 20% increase since last revaluation issued in 2024.
Property market changes within the Redland City LGA are being driven by:
- limited supply of land not keeping up with buyer demand
- continued interstate migration to South-East Queensland
- lack of affordability in the larger nearby cities of Brisbane and Gold Coast
- property still considered to be an attractive investment with investors seeking well located properties.
Total value by land use
| Land type | Value | Percentage of total land value |
|---|---|---|
| Single unit residential | $34,574,421,500 | 81.9% |
| Rural residential | $3,429,509,000 | 8.1% |
| Multi-unit residential | $2,119,385,000 | 5% |
| Commercial | $1,129,171,500 | 2.7% |
| Industrial | $489,067,500 | 1.2% |
| Primary production | $125,109,600 | 0.3% |
| Other | $346,388,000 | 0.8% |
| LGA total | $42,213,052,100 | 100% |
Note: The sum of percentages may not equal 100% due to rounding.
Residential land
Moderate increase in median values within the residential market localities. Overall median value for residential land $610,000; an increase of 20%.
The table below shows the changes in median value of residential land in the Redland City LGA.
| Locality | Previous median value (as at 1 October 2023) | New median value (as at 1 October 2025) | Change in median value | Number of properties |
|---|---|---|---|---|
| Alexandra Hills | $510,000 | $610,000 | 19.6% | 5,647 |
| Amity | $545,000 | $680,000 | 24.8% | 344 |
| Birkdale | $570,000 | $710,000 | 24.6% | 4,718 |
| Capalaba | $495,000 | $540,000 | 9.1% | 4,503 |
| Cleveland | $630,000 | $790,000 | 25.4% | 4,421 |
| Coochiemudlo Island | $230,000 | $265,000 | 15.2% | 668 |
| Dunwich | $385,000 | $500,000 | 29.9% | 391 |
| Karragarra Island | $119,000 | $140,000 | 17.7% | 205 |
| Lamb Island | $70,000 | $80,000 | 14.3% | 624 |
| Macleay Island | $70,000 | $95,000 | 35.7% | 3,258 |
| Mount Cotton | $440,000 | $550,000 | 25% | 2,066 |
| Ormiston | $610,000 | $730,000 | 19.7% | 1,979 |
| Point Lookout | $840,000 | $1,100,000 | 31% | 717 |
| Redland Bay | $520,000 | $620,000 | 19.2% | 6,362 |
| Russell Island | $55,000 | $75,000 | 36.4% | 6,399 |
| Thorneside | $530,000 | $660,000 | 24.5% | 1,020 |
| Thornlands | $465,000 | $600,000 | 29% | 5,626 |
| Victoria Point | $530,000 | $640,000 | 20.8% | 5,294 |
| Wellington Point | $640,000 | $700,000 | 9.4% | 4,306 |
Note: Table includes localities with a minimum of 50 properties as residential land use.
Explanatory notes
- The residential land market within Redland City LGA has generally experienced moderate to significant movements since the last revaluation.
- The investor market is still buoyant, with near record low residential rental vacancy rates.
- Government stimulus packages continue to influence the demand by first homeowners.
- Competition for the limited supply of land increased with people relocating into the southern Redland Bay area.
Rural residential land
The table below shows the changes in median value for rural residential land in the Redland City LGA.
| Previous median value (at 1 October 2023) | New median value (at 1 October 2025) | Change in median value | Number of properties |
|---|---|---|---|
| $870,000 | $1,050,000 | 21% | 3,330 |
Explanatory notes
- The rural residential land market has reflected an overall moderate increase in land values, influenced by demand for coastal rural residential lifestyle properties.
Other land uses
The table below shows the total value of land uses (other than residential and rural residential land) in the Redland City LGA.
| Land use category | Previous total land value at 1 October 2023 | New total land value at 1 October 2025 | Change in total land value (%) | Number of properties |
|---|---|---|---|---|
| Multi-Unit Residential | $1,828,280,000 | $2,119,385,000 | 15.9% | 822 |
| Commercial | $1,020,664,500 | $1,129,171,500 | 10.6% | 550 |
| Industrial | $393,445,000 | $489,067,500 | 24.3% | 323 |
| Primary Production | $113,845,700 | $125,109,600 | 9.9% | 76 |
| Other | $300,537,100 | $346,388,000 | 15.3% | 119 |
Explanatory notes
- Multi-unit residential land reflecting an overall moderate increase influenced by increased demand for more affordable property types such as residential units.
- Commercial and industrial land reflecting overall minor and moderate increases respectively due to low supply of available stock for commercial and industrial land types not keeping up with demand. Relative affordability of commercial and industrial land within Redland City LGA when compared to Brisbane and the Gold Coast.
- There is ongoing demand for primary production land as a sound investment but also competing with the increased demand for land suitable for redevelopment.
- The value of other land types has increased in line with the core land use categories.
More information
To view the valuation roll display listing for the Redland City LGA, you can: