Redland is one of Greater Brisbane’s leading lifestyle markets. Demand and activity has risen in recent years. Median house growth picked up pace in the second half of 2023 and has remained strong through to the second half of 2024 as demand continues. Population of approximately 166,000 people, reflecting steady growth over the past few decades. Vacancies in all postcodes have remained at low levels for some time and have tightened even further in recent months. It has evolved from a rural area to that of a growing suburban region, with a number of major new developments poised to accelerate this trend. Southern Redland Bay has been designated a priority growth area by the State Government and Weinam Creek has been marked as a Priority Development Area.