Market Update: Q3, 2026
Redlands Property Market – August 2026: Insights for Buyers & Sellers
The Redlands Coast property market continues to perform strongly, with sustained buyer demand, rising values and relatively limited supply supporting competition for quality homes. Suburbs including Victoria Point, Redland Bay, Mount Cotton and Thornlands have recorded significant price growth over the past 12 months, with lifestyle appeal, larger homes and access to schools, amenities and natural surroundings continuing to drive demand.
1. Market Momentum & Price Trends
The Redlands market has continued its strong upward trajectory, with many suburbs recording double-digit annual growth. The strongest gains have been seen in lifestyle-focused areas where buyers are seeking more space and value compared with Brisbane.
The Redland City Council's latest land valuations also reflect this broader strength, with residential land values across the LGA increasing by approximately 20% in the latest valuation cycle.
Buyer demand remains particularly strong for well-presented family homes, with properties that offer desirable features such as larger blocks, outdoor entertaining, side access, pools and quality renovations continuing to attract strong competition.
2. Suburb Spotlight – Redland Bay
Redland Bay has been one of the Redlands' standout performers over the past year:
Median house price: $1,192,500
12-month growth: 21.6%
Median days on market: 28 days
Buyer interest: Almost 3,000 active buyers
The suburb's combination of coastal lifestyle, newer housing, larger homes and relative affordability compared with many Brisbane locations continues to attract strong demand.
3. Suburb Spotlight – Thornlands
Thornlands has also experienced significant growth, cementing its position as one of the Redlands' most sought-after family suburbs:
Median house price: approximately $1.24 million
12-month growth: 15.6%
Median days on market: 21 days
Almost 3,000 buyers interested
Demand remains particularly strong for modern four-bedroom family homes, with the four-bedroom median sitting at approximately $1.19 million and annual growth approaching 20%.
4. Mount Cotton – Lifestyle Demand
Mount Cotton continues to be a standout performer, particularly for buyers seeking larger homes, generous blocks and a peaceful lifestyle while remaining within easy reach of Brisbane and the bay.
Median house price: $1,226,000
12-month growth: 21.1%
Median days on market: 27 days
More than 1,600 buyers interested
Four-bedroom homes have recorded particularly strong growth, with the median sitting around $1.21 million and annual growth of approximately 21%. Lifestyle properties with larger land, privacy, outdoor entertaining and natural outlooks remain highly sought after.
5. Supply & Demand Dynamics
Although more properties are coming to market, buyer demand remains strong enough to absorb quality stock, particularly where homes are well presented and priced appropriately.
The market is becoming increasingly property-specific. Exceptional homes can attract multiple interested parties and sell quickly, while properties that are overpriced or require significant work can take longer to move.
This makes accurate pricing, strong presentation and a well-executed marketing campaign more important than ever.
6. Rental Market Conditions
The rental market remains tight across the Redlands, although vacancy rates have improved slightly from the exceptionally low levels seen in previous years.
For context, Cleveland's vacancy rate was around 0.8% in mid-2026, while Brisbane's vacancy rate reached approximately 1.0% in July. Despite this modest improvement, vacancy remains well below the generally considered balanced range of around 2.5–3.5%.
Rental prices have also continued to rise, with median house rents around $770 per week in Redland Bay, $780 in Thornlands and $750 in Mount Cotton.
7. What This Means for Sellers
Strong buyer demand: Quality homes continue to attract significant enquiry.
Presentation matters: Buyers are prepared to pay a premium for homes that are move-in ready.
Pricing is critical: Strong market conditions do not mean every property will achieve an inflated price.
Quality stock stands out: Features such as larger blocks, outdoor living, side access and lifestyle appeal remain highly desirable.
Timing remains important: With buyer demand strong, well-positioned properties can take advantage of current market conditions.
8. What This Means for Buyers
Be prepared to act: Desirable properties can attract strong competition and move quickly.
Do your research: Rapid price growth means yesterday's comparable sales may no longer reflect today's market.
Look beyond the headline price: Value can still be found in properties requiring cosmetic improvements or with less competition.
Consider lifestyle suburbs: Mount Cotton, Thornlands, Redland Bay and Victoria Point continue to offer strong lifestyle appeal alongside long-term growth potential.
Get finance and due diligence organised early: Being prepared can make the difference when competing for a quality property.
9. Final Take
The Redlands property market remains firmly in a growth phase, with substantial annual price increases recorded across many of the region's key suburbs.
While conditions are highly favourable for sellers of quality properties, buyers remain active and willing to compete when the right home becomes available. The key difference in the current market is that buyers are becoming more selective— premium results are increasingly being achieved by properties that combine strong presentation, desirable features and realistic pricing.
For sellers considering a move, the current combination of strong buyer demand, significant recent growth and ongoing lifestyle appeal presents an attractive opportunity to enter the market.
At Caple Properties REMAX, we combine local market knowledge, targeted marketing, and global brand support to help clients achieve exceptional outcomes. Whether you are considering selling, buying, or simply exploring your options, our team is here to help.
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