In a significant revelation for Queensland’s property market, the latest quarterly market update from prop tech firm InfoTrack has unveiled the state’s top 10 trending suburbs. The report highlights an emerging bayside suburb making its debut on the list, reflecting a shift towards lifestyle-led property choices.
For the first time, Redland Bay, a picturesque suburb in the Moreton Bay region, has broken into the top 10 suburbs with the highest volume of property sales from July to September. This marks a milestone for the region, indicating its growing appeal among homebuyers seeking a balance between lifestyle and investment potential.
According to InfoTrack’s Chief Operating Officer, Lee Bailie, Redland Bay’s inclusion in the list underscores a broader trend. “Redland Bay’s inclusion in the top 10 underscores the growing appeal of lifestyle suburbs that offer both space and convenient access to Brisbane and the Gold Coast,” Bailie explained. “Long valued for its tranquil, coastal setting, Redland Bay is now being recognised for its investment potential as well as its lifestyle benefits.”
The suburb’s appeal is further evidenced by recent property transactions, including the sale of a five-bedroom house for $1.315 million, highlighting the area’s growing demand and rising property values.
Topping the list for house sales for the second consecutive quarter is the Ipswich suburb of Springfield Lakes, known for its family-friendly environment and community amenities. A notable transaction in the area was a four-bedroom house that sold for $1.54 million, reflecting the suburb’s strong market performance.
Close on Springfield Lakes’ heels is Redbank Plains, another Ipswich suburb, which secured third place on the list. The Moreton Bay suburbs of Caboolture, Morayfield, and Burpengary also continued to perform well, maintaining their positions as attractive options for homebuyers.
On the Gold Coast, Pimpama, Ormeau, and Upper Coomera were highlighted for their robust sales activity. A property in Pimpama, located at 14 Brampton Ct, recently sold for $1.09 million, underscoring the suburb’s appeal to both investors and families.
Completing the list for houses, Buderim on the Sunshine Coast ranked sixth. Known for its scenic views and vibrant community, Buderim remains a sought-after location for those seeking a coastal lifestyle.
The report also sheds light on the unit sales market, where the Gold Coast continues to dominate, claiming half of the top ten suburbs. “Surfers Paradise retained its number one position, while Broadbeach, Hope Island, Mermaid Beach and Southport also featured in the top 10,” Bailie noted. “The Gold Coast’s consistent performance highlights its enduring appeal to both investors and owner-occupiers drawn to its lifestyle, amenities and development activity.”
Brisbane’s inner-city suburb of West End made a notable re-entry into the unit sales list in Q3, after last appearing in Q1. This vibrant suburb, known for its eclectic mix of cafes, boutiques, and cultural events, remains a popular choice for urban dwellers. An apartment in West End recently sold for $748,000, reflecting the area’s strong market demand.
Meanwhile, the Sunshine Coast’s Maroochydore rose from ninth to sixth place, further underscoring lifestyle as a key driver across Queensland’s property market. Known for its stunning beaches and relaxed atmosphere, Maroochydore remains the region’s sole entry in the list.
Overall, the report highlights a continued preference for houses, which accounted for 61.8 per cent of transactions across the state in Q3, up from 60.96 per cent in Q2 and 60.46 per cent in Q1. This trend reflects a growing demand for properties that offer space and lifestyle benefits, as more buyers seek homes that cater to their evolving needs.
The latest findings from InfoTrack provide valuable insights into Queensland’s dynamic real estate market, showcasing the diverse range of suburbs that are capturing the attention of homebuyers and investors alike. As lifestyle considerations continue to influence property choices, suburbs like Redland Bay are poised to benefit from this evolving trend, offering a unique blend of coastal charm and investment potential.