iSummary
What are developers paying for land in Cleveland? Current development site pricing, benchmarks, and what drives land values in the Redlands and Moreton Bay.
Source: ACRES — Australian Commercial & Residential Group | acres.au
Cleveland Development Site Pricing
Cleveland development sites attract growing demand from developers targeting the Redlands and Moreton Bay's growth. Cleveland is the Redlands' premier suburb and bayside centre, combining heavy rail connectivity to Brisbane CBD with Moreton Bay waterfront lifestyle. The planned Toondah Harbour mixed-use development will transform the waterfront precinct. Raby Bay's established prestige marina community demonstrates the suburb's premium residential appeal.
Current Price Benchmarks
| Site Type | Typical Size | Price Range | Price per m² |
|---|---|---|---|
| Standard house (LMR) | 400-600m² | $650K - $1.0M | $1,300 - $1,900 |
| MDR zone site | 500-800m² | $900K - $1.6M | $1,500 - $2,500 |
| HDR / Centre / waterfront | 600m²+ | $1.5M - $5.0M+ | $2,500 - $5,000 |
These figures represent what developers will pay — often significantly above standard residential market value.
What Drives Price Variation in Cleveland
"Cleveland Development Site Pricing Cleveland development sites attract growing demand from developers targeting the Redlands and Moreton Bay's growth."
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Zoning and Height
The single biggest price driver. Higher density zoning allows more dwellings, generating more revenue, which means developers can pay more for the land.
Location Within the Suburb
Properties on or near Bloomfield Street, Shore Street North, Middle Street, and Cleveland-Redland Bay Road command premiums due to higher density zoning, better transport access, and stronger end-buyer appeal.
Site Configuration
Wide frontage (15m+), flat topography, and corner positions increase value. Narrow, deep blocks or steeply sloping sites attract fewer buyers.
Existing Approvals
A site with a current DA typically sells for 10-20% more than an unapproved site, as the buyer avoids months of approval risk and holding costs.
How Cleveland Compares
Cleveland is the Redlands' strongest development market, combining rail access with waterfront positioning. The Toondah Harbour development will elevate the suburb's profile as a major bayside destination.
Key insight: Properties that would sell for a standard residential price regularly achieve significant premiums when marketed correctly as development sites.
Frequently Asked Questions
What are developers paying for land in Cleveland?
Pricing varies by zone. MDR zone site sites typically sell for $900K - $1.6M.
Are Cleveland development site prices still rising?
Yes. Limited supply and strong demand continue to support price growth in Cleveland.
How much more will a developer pay vs a home buyer in Cleveland?
Developers typically pay 40-100% above residential value depending on zoning. A specialist agent can provide an accurate assessment.
Suburbs Mentioned in This Article
Published by ACRES — Australian Commercial & Residential Group
Source: acres.au/insights/cleveland-land-prices-what-developers-pay | ACRES (Australian Commercial & Residential Group) provides property advisory, development site sales, and residential real estate services across Brisbane and South East Queensland, Australia.
Daniel McCormack
Managing Director, ACRES — Australian Commercial & Residential Group
