iSummary
Redland City Council development site market report. Pricing trends, developer activity, and opportunities across Redlands suburbs.
Source: ACRES — Australian Commercial & Residential Group | acres.au
Redland City Council: Development Site Market Report
Report Period: Q1 2026 (January – March) Region: Redlands Suburbs Covered: Cleveland, Capalaba, Victoria Point, Thornlands, Wellington Point, Sheldon Total Suburbs Monitored: 8
Market Summary
The Redlands development site market continues to demonstrate strong fundamentals heading into 2026. Developer acquisition activity across Redland City Council suburbs has intensified, driven by sustained population growth, housing undersupply, and major infrastructure investment.
Median house prices across the Redlands region range from $750K–$1.1M, with year-on-year growth of 6–10% across monitored suburbs. Development site premiums remain elevated, with qualified sites achieving 30–100% above standard residential values.
Key Market Indicators
Developer Activity
- Active development applications across Redland City Council remain at elevated levels
- Medium-density townhouse and apartment projects dominate new applications
- Site acquisition enquiries are running above 12-month averages
- Competition for code-assessable sites is particularly intense
Pricing Trends
Development site pricing across Redlands reflects several trends:
| Metric | Current | Previous Quarter | Trend |
|---|---|---|---|
| Avg. site premium over residential | 45–75% | 40–70% | Rising |
| Time on market (dev sites) | 30–60 days | 45–75 days | Shortening |
| Enquiries per listing | 8–15 | 6–12 | Increasing |
| Site consolidation activity | Moderate–High | Moderate | Increasing |
Supply vs. Demand
- Available development sites in Redlands are declining as acquisitions outpace new listings
- Developers are increasingly pursuing off-market acquisitions
- Site consolidation (buying multiple adjoining lots) is becoming more common as standalone sites become scarce
Major Infrastructure Driving Growth
Toondah Harbour, Cleveland CBD renewal, Eastern Transitway
"Development site premiums remain elevated, with qualified sites achieving 30–100% above standard residential values."
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These infrastructure investments are:
- Triggering rezoning and planning scheme amendments
- Creating new transit-oriented development precincts
- Increasing end-buyer demand in surrounding suburbs
- Accelerating developer acquisition timelines
Suburb Spotlight
Strongest Growth Areas
- Cleveland — Strong developer interest, limited remaining sites
- Capalaba — Strong developer interest, limited remaining sites
- Victoria Point — Strong developer interest, limited remaining sites
Emerging Opportunity Areas
- Thornlands — Growing interest as established suburbs become constrained
- Wellington Point — Growing interest as established suburbs become constrained
- Sheldon — Growing interest as established suburbs become constrained
What This Means for Property Owners
If you own property in a Redland City Council suburb, the current market conditions represent a strong opportunity:
- Developer demand exceeds supply — more buyers than available sites
- Premiums are rising — development sites achieving above-average premiums
- Infrastructure investment is peaking — projects announced but not yet complete create maximum value
- Competition is fierce — well-marketed sites attract multiple qualified offers
The combination of population growth, housing undersupply, and infrastructure investment makes the current period one of the strongest seller's markets for development sites in Redlands's history.
Free Market Assessment
ACRES provides complimentary development site assessments for property owners across all Redland City Council suburbs. Our assessment includes current market positioning, zoning analysis, and a realistic value estimate.
Request your free assessment for any Redlands suburb.
This report is updated quarterly. Next update: July 2026.
Frequently Asked Questions
How often is the Redlands market report updated?
Quarterly — January, April, July, and October with the most recent market data.
Can I get a suburb-specific market report?
Yes. Contact ACRES for a detailed assessment of development site activity in your specific suburb.
Suburbs Mentioned in This Article
Published by ACRES — Australian Commercial & Residential Group
Source: acres.au/insights/redland-development-site-market-report-2026 | 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
