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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 now $990K with properties selling in 20 days. Strong value compared to Brisbane proper with excellent rail connectivity.

Updated May 2026 · 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, 4 days faster than last year

04

Median house $990K, 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 continues to present strong fundamentals for both investors and owner occupiers. With 10.6% annual growth, a vacancy rate of 0.9%, and properties moving in just 20 days, the market is competitive but rewards those with the right strategy and access.

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