City of Moreton Bay LGA valuation overview
Overview of 2024 land valuation
For the City of Moreton Bay local government area (LGA), the revaluation included 161,982 properties, with a total value of $84,451,783,500, an overall increase of 36 per cent since the last valuation issued in 2022.
Property market changes within the City of Moreton Bay LGA are being driven by:
- major infrastructure projects, including upgraded railway stations at Dakabin and Morayfield and Burpengary
- expansion of the University of the Sunshine Coast, Petrie Campus
- interstate and overseas buyers and investment
- population increases
- changes to local and state government planning schemes.
Total value by land use
| Land type | Value | Percentage of total land value |
|---|---|---|
| Commercial | $2,515,832,100 | 3% |
| Industrial | $2,963,979,400 | 3.5% |
| Primary Production | $957,414,600 | 1.1% |
| Single Unit Residential | $57,060,784,000 | 67.6% |
| Multi-Unit Residential | $3,844,555,000 | 4.6% |
| Rural Residential | $16,536,098,300 | 19.6% |
| Other | $573,120,100 | 0.7% |
| LGA total | $84,451,783,500 | 100% |
Note: The sum of percentages may not equal 100% due to rounding.
Residential land
There has generally been a moderate to significant increase in median values within the residential market sectors of the City of Moreton Bay LGA since the last valuation. The overall median value for residential land in the City of Moreton Bay LGA is $415,000, an increase of 31.8 per cent.
The table below shows the changes in median value of residential land in the City of Moreton Bay LGA. The table includes localities with a minimum of 50 properties as residential land use.
| Locality | Previous median value (as at 1 October 2021) | New median value (as at 1 October 2023) | Change in median value | Number of properties |
|---|---|---|---|---|
| Albany Creek | $445,000 | $530,000 | 19.1% | 5,088 |
| Arana Hills | $410,000 | $490,000 | 19.5% | 2,355 |
| Banksia Beach | $380,000 | $510,000 | 34.2% | 2,841 |
| Beachmere | $255,000 | $345,000 | 35.3% | 1,448 |
| Bellara | $320,000 | $415,000 | 29.7% | 1,276 |
| Bellmere | $202,500 | $305,000 | 50.6% | 1,828 |
| Bongaree | $345,000 | $450,000 | 30.4% | 2,440 |
| Bray Park | $330,000 | $430,000 | 30.3% | 3,673 |
| Brendale | $320,000 | $385,000 | 20.3% | 194 |
| Burpengary | $255,000 | $345,000 | 35.3% | 3,630 |
| Burpengary East | $225,000 | $310,000 | 37.8% | 1,837 |
| Caboolture | $212,500 | $295,000 | 38.8% | 7,794 |
| Caboolture South | $205,000 | $285,000 | 39% | 2,692 |
| Cashmere | $425,000 | $550,000 | 29.4% | 835 |
| Clontarf | $370,000 | $445,000 | 20.3% | 2,899 |
| D`Aguilar | $212,500 | $285,000 | 34.1% | 355 |
| Dakabin | $285,000 | $385,000 | 35.1% | 1,197 |
| Dayboro | $290,000 | $405,000 | 39.7% | 397 |
| Deception Bay | $227,500 | $365,000 | 60.4% | 6,011 |
| Donnybrook | $210,000 | $370,000 | 76.2% | 331 |
| Eatons Hill | $390,000 | $490,000 | 25.6% | 2,038 |
| Elimbah | $202,500 | $335,000 | 65.4% | 64 |
| Everton Hills | $445,000 | $510,000 | 14.6% | 2,079 |
| Ferny Hills | $415,000 | $500,000 | 20.5% | 2,942 |
| Godwin Beach | $260,000 | $365,000 | 40.4% | 165 |
| Griffin | $290,000 | $375,000 | 29.3% | 3,904 |
| Joyner | $345,000 | $450,000 | 30.4% | 1,034 |
| Kallangur | $280,000 | $400,000 | 42.9% | 6,625 |
| Kippa-Ring | $320,000 | $410,000 | 28.1% | 3,063 |
| Kurwongbah | $300,000 | $405,000 | 35% | 121 |
| Lawnton | $325,000 | $425,000 | 30.8% | 2,083 |
| Mango Hill | $325,000 | $425,000 | 30.8% | 4,042 |
| Margate | $380,000 | $455,000 | 19.7% | 2,485 |
| Meldale | $405,000 | $530,000 | 30.9% | 56 |
| Morayfield | $212,500 | $300,000 | 41.2% | 6,861 |
| Mount Glorious | $182,500 | $400,000 | 119.2% | 81 |
| Mount Mee | $197,500 | $265,000 | 34.2% | 74 |
| Mount Nebo | $195,000 | $430,000 | 120.5% | 121 |
| Murrumba Downs | $350,000 | $455,000 | 30% | 3,133 |
| Narangba | $280,000 | $370,000 | 32.1% | 6,739 |
| Newport | $440,000 | $600,000 | 36.4% | 2,678 |
| Ningi | $280,000 | $405,000 | 44.6% | 1,087 |
| North Lakes | $335,000 | $435,000 | 29.9% | 6,805 |
| Petrie | $315,000 | $425,000 | 34.9% | 2,927 |
| Redcliffe | $395,000 | $495,000 | 25.3% | 2,762 |
| Rothwell | $310,000 | $390,000 | 25.8% | 2,249 |
| Samford Village | $500,000 | $650,000 | 30% | 228 |
| Sandstone Point | $285,000 | $415,000 | 45.6% | 1,400 |
| Scarborough | $470,000 | $590,000 | 25.5% | 2,564 |
| Strathpine | $320,000 | $415,000 | 29.7% | 3,687 |
| Toorbul | $245,000 | $430,000 | 75.5% | 457 |
| Upper Caboolture | $207,500 | $310,000 | 49.4% | 933 |
| Warner | $350,000 | $455,000 | 30% | 3,571 |
| White Patch | $550,000 | $660,000 | 20% | 75 |
| Woodford | $295,000 | $340,000 | 15.3% | 582 |
| Woody Point | $415,000 | $500,000 | 20.5% | 1,306 |
| Woorim | $410,000 | $555,000 | 35.4% | 722 |
Explanatory notes
- The residential market within all suburbs and towns increased in value, with many localities having significant increases.
Rural residential land
The table below shows the changes in median value for rural residential land in the City of Moreton Bay LGA.
| Previous median value (at 1 October 2021) | New median value (at 1 October 2023) | Change in median value | Number of properties |
|---|---|---|---|
| $415,000 | $620,000 | 49.4% | 24,351 |
Explanatory notes
- The rural residential market throughout the City of Moreton Bay LGA increased with some significant increases to various properties.
Other land uses
The table below shows the total value of land uses (other than residential and rural residential land) in the City of Moreton Bay LGA.
| Land use category | Previous total land value (at 1 October 2021) | New total land value (at 1 October 2023) | Change in total land value | Number of properties |
|---|---|---|---|---|
| Commercial | $1,990,987,980 | $2,515,832,100 | 26.4% | 1,376 |
| Industrial | $1,913,259,100 | $2,963,979,400 | 54.9% | 1,886 |
| Primary Production | $505,524,500 | $957,414,600 | 89.4% | 762 |
| Multi-Unit Residential | $2,919,897,500 | $3,844,555,000 | 31.7% | 2,473 |
| Other | $417,758,000 | $573,120,100 | 37.2% | 219 |
Explanatory notes
- Commercial land recorded a moderate increase due to population growth drivers and strong interstate and local interest.
- The commercial market is impacted by the expansion associated with the final North Lakes commercial subdivision and new local developments throughout the suburban hubs.
- Industrial land recorded a significant increase due to strong demand for warehousing, self-storage, and distribution centres. Reduced supply is also leading to uplift in values.
- Primary Production land recorded a significant increase due to competing pressures in the rural homesite market, strong commodity prices and lifestyle factors.
- Multi-Unit Residential land recorded a significant increase due to population growth drivers, rental demand, and competing pressures from the residential market. Increase construction costs are limiting new supply in some areas.
- Other land recorded a significant increase due to population growth drivers and strong interstate interest in englobo development land and opportunities.
More information
To view the valuation roll display listing for City of Moreton Bay LGA, you can:
- see land valuations online
- visit the Department of Resources, Level 4, 33 King Street, Caboolture during business hours until 30 June 2024.