iSummary
What are developers paying for land in Redland Bay? Current development site pricing, benchmarks, and what drives land values in the Redlands and Moreton Bay.
Source: ACRES — Australian Commercial & Residential Group | acres.au
Redland Bay Development Site Pricing
Redland Bay development sites attract growing demand from developers targeting the Redlands and Moreton Bay's growth. Redland Bay is centred on the Weinam Creek ferry terminal — the gateway to the Southern Moreton Bay Islands. The government-designated Priority Development Area (PDA) at Weinam Creek will deliver a significant waterfront mixed-use precinct, transforming the suburb into a genuine bayside destination.
Current Price Benchmarks
| Site Type | Typical Size | Price Range | Price per m² |
|---|---|---|---|
| Standard house lot | 400-700m² | $500K - $800K | $1,000 - $1,400 |
| LMR zone site | 600-1,000m² | $700K - $1.2M | $1,000 - $1,400 |
| PDA / waterfront | 800m²+ | $1.0M - $3.0M+ | $1,300 - $2,500 |
These figures represent what developers will pay — often significantly above standard residential market value.
What Drives Price Variation in Redland Bay
"Redland Bay Development Site Pricing Redland Bay 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 Redland Bay Road, German Church Road, Weinam Street, and Broadwater 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 Redland Bay Compares
The Weinam Creek PDA gives Redland Bay a government-backed development catalyst. Current pricing reflects pre-transformation values.
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 Redland Bay?
Pricing varies by zone. LMR zone site sites typically sell for $700K - $1.2M.
Are Redland Bay development site prices still rising?
Yes. Limited supply and strong demand continue to support price growth in Redland Bay.
How much more will a developer pay vs a home buyer in Redland Bay?
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/redland-bay-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
