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Aerial view of Settlement Cove Lagoon, Redcliffe, Moreton Bay

City of Moreton Bay · Market Update

Queensland's newest major city

Elevated to Queensland's sixth major city in 2023, unlocking a $4B infrastructure pipeline. Median house $990K with properties selling in 20 days in the 12 months to May 2026. Strong value compared to Brisbane proper, with excellent rail connectivity.

Figures as at May 2026, trailing 12 months · Red Door Property Group Research

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Moreton Bay market at a glance

$990K

Median house

10.6%

Annual growth

3.76%

Rental yield

0.9%

Vacancy rate

$600/wk

Median rent

20 days

Days on market

530K

Population

2.0%

Pop. growth p.a.

What we are seeing in Moreton Bay

01

Elevated to QLD's sixth major city in 2023

02

$4B infrastructure pipeline from state and federal governments

03

Properties selling in 20 days in the 12 months to May 2026

04

Median house $990K as at May 2026, strong value vs inner Brisbane

05

Master-planned communities driving population growth

Infrastructure driving growth

Major government and private investment is reshaping Moreton Bay. These projects are creating jobs, improving connectivity, and driving property demand.

$4B infrastructure pipeline post city-status elevation

North Lakes and Mango Hill rail connectivity

Moreton Bay Rail Link extensions planned

Caboolture hospital and health precinct expansion

Our view on Moreton Bay

Moreton Bay sits inside Cotality's Greater Brisbane index, which peaked in May 2026 and has fallen every month since, down 1.0% in August (Cotality, data to 31 August 2026). Cotality's own suburb-level detail still had Caboolture up 13.9% and Redcliffe up 13.5% over the trailing 12 months to August 2026, but that is a rear view figure and says nothing about the last three months. The figures on this page are as at May 2026.

Over the 12 months to May 2026, Moreton Bay recorded 10.6% house price growth, a vacancy rate of 0.9%, and properties moving in 20 days. Those are trailing figures rather than a forecast, and we would rather you read them that way.

We are actively sourcing opportunities across Moreton Bay for our clients, including off market and pre market properties that never appear on the major portals. Our on the ground knowledge of this market means we can identify value where others cannot.

If you are considering buying in Moreton Bay, whether for your first home, an upgrade, or an investment, our team can walk you through what we are seeing right now and where we believe the strongest opportunities sit.

Thinking about Moreton Bay?

Book a free strategy call. We will walk you through the current Moreton Bay market, the opportunities we are seeing, and how we can help you move with confidence.

Learn more about our buyers agent service