Suburb Profile4163

Cleveland

Redland City Council · 25km south-east of Brisbane CBD

Median House
$1,277,500
Median Unit
$855,000
Population
16,769
Avg Land Size
650m²
From CBD
25km south-east

Property Market Insights

Key market indicators and historical price trends for Cleveland

Annual Growth (Houses)
+14.9%
Annual Growth (Units)
+12.9%
Rental Yield (Houses)
3.8%
Rental Yield (Units)
5.2%
Avg. Days on Market
25
Vacancy Rate
1.0%
5-Year House Growth
+79%
5-Year Unit Growth
+69%
Market Demand
Moderate

5-Year Median Price Trend

  • Houses
  • Units
202120222023202420252026$0$0350K$1700K$1.1M$1.4M

Sources: CoreLogic, PropTrack, realestate.com.au. Prices reflect rolling 12-month median. Past performance is not indicative of future results.

Live market snapshot

Recent Cleveland sales

Refreshed 27 May 2026

Live aggregate from 17 recorded sales in the last 12 months. Source: Australian Realty data hub via realestate.com.au.

Median sold

$1.10M

Average sold

$1.18M

Lowest

$0.73M

Highest

$2.27M

Personal estimate

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About Cleveland

Cleveland is the administrative capital and premium suburb of the Redlands, sitting on a prominent point overlooking Moreton Bay. The suburb's waterfront dining at Raby Bay Harbour, Cleveland train station terminus, and heritage character make it the Redlands' most prestigious address. The Toondah Harbour development proposal promises further transformation of this bayside gem.

Development Potential

Moderate to high. The Toondah Harbour Priority Development Area and Cleveland town centre offer significant mixed-use and medium-density opportunity. Sites near the train station and waterfront attract strong developer interest. Heritage character areas are more restrictive.

Key Zoning: Centre Zone, Medium Density Residential, Waterfront Residential

Growth Drivers

  • Toondah Harbour PDA
  • Cleveland train line terminus premium
  • Waterfront lifestyle demand
  • Redlands capital status
  • Moreton Bay amenity

Thinking of Selling?

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Living in Cleveland

Infrastructure

  • Cleveland train station (terminus)
  • Raby Bay Harbour
  • Toondah Harbour (PDA)
  • Cleveland Shopping Centre
  • Redland City Council offices

Transport

  • Cleveland train station (heavy rail terminus)
  • Bus network
  • Ferry to North Stradbroke Island
  • Eastern Transitway
  • Cycling paths along foreshore

Lifestyle

  • Raby Bay waterfront dining
  • Moreton Bay views and boating
  • Heritage town centre character
  • Cleveland Point lighthouse walk
  • Ferry to North Stradbroke Island

Cleveland Location

Cleveland, 4163 · Redland City Council

What's Nearby in Cleveland

Schools, parks, transport, shopping and education within Cleveland and surrounds

Schools

  • Cleveland State School
  • Cleveland State High School
  • Ormiston College
  • Faith Lutheran College

Parks & Recreation

  • Raby Bay Foreshore
  • GJ Walter Park
  • Cleveland Point Reserve
  • North Stradbroke Island Lookout

Shopping

  • Cleveland Central Shopping
  • Woolworths Cleveland
  • Coles Cleveland
  • Bloomfield Street Dining

Transport

  • Cleveland Station
  • Cleveland Bus Interchange
  • Stradbroke Ferries Terminal

Own Property in Cleveland?

Properties in Cleveland with development potential are selling for 30–100% above standard residential value. Find out if yours qualifies — no cost, no obligation.

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37 property owners in Cleveland requested assessments this month

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Median price data sourced from realestate.com.au (April 2025 – March 2026). Figures are indicative and based on recorded sales. Consult a licensed valuer for property-specific advice.