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 Type | Typical Size | Price Range | Price per m² |
|---|---|---|---|
| Standard house lot | 400-600m² | $550K - $850K | $1,100 - $1,500 |
| MDR zone site | 500-800m² | $750K - $1.3M | $1,300 - $1,900 |
| Centre / bay-adjacent | 800m²+ | $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."
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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 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.
