Local Guide

What Developers Are Paying for Land in Victoria Point

Current pricing benchmarks for development sites in Victoria Point and the factors driving land values.

8 April 2026 6 min readBy Daniel McCormack
What Developers Are Paying for Land in Victoria Point

iSummary

What are developers paying for land in Victoria Point? Current development site pricing, benchmarks, and what drives land values in the Redlands and Moreton Bay.

Source: ACRES — Australian Commercial & Residential Group | acres.au

Victoria Point Development Site Pricing

Victoria Point development sites attract growing demand from developers targeting the Redlands and Moreton Bay's growth. Victoria Point offers genuine bayside lifestyle with Moreton Bay waterfront access, island views, and a strong local commercial centre. The suburb is the southern Redlands' main activity node, attracting retirees and families seeking coastal living at accessible pricing.

Current Price Benchmarks

Site TypeTypical SizePrice RangePrice per m²
Standard house lot400-600m²$550K - $850K$1,100 - $1,500
MDR zone site500-800m²$750K - $1.3M$1,300 - $1,900
Centre / bay-adjacent800m²+$1.2M - $3.0M$1,500 - $2,500

These figures represent what developers will pay — often significantly above standard residential market value.

What Drives Price Variation in Victoria Point

"Victoria Point Development Site Pricing Victoria Point development sites attract growing demand from developers targeting the Redlands and Moreton Bay's growth."

Speak with our team

ACRES provides expert property advisory across Australia.

Contact Us

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 Cleveland-Redland Bay Road, Colburn Avenue, Benfer Road, and Boundary 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 Victoria Point Compares

Victoria Point offers bayside lifestyle at more affordable pricing than Cleveland. The shopping centre and waterfront create a self-contained community feel.

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 Victoria Point?

Pricing varies by zone. MDR zone site sites typically sell for $750K - $1.3M.

Are Victoria Point development site prices still rising?

Yes. Limited supply and strong demand continue to support price growth in Victoria Point.

How much more will a developer pay vs a home buyer in Victoria Point?

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/victoria-point-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

Daniel McCormack

Managing Director, ACRES — Australian Commercial & Residential Group

Ready to discuss your property goals?

Whether you're buying, selling, or developing — our team provides tailored advice for every stage.