Bayside Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q3 2025, Bayside* recorded a median house price of $1,090,000 and a median unit price of $820,000. This represents an annual (Q3 2024 – Q3 2025) growth of 16.0% for houses and 12.3% for units. Comparing Q3 2024 and Q3 2025, total sales decreased by -30.6% for houses (to 229 sales in Q3 2025), and by -28.8% for units (to 47 sales in Q3 2025). This indicates a clear undersupply for both property types, which created a buffer against higher interest rate; thus continued price growth. Now is time for owners to capitalize on their investments. With no ready-to-sell houses planned in 2025 the undersupply will exacerbate; thus, buyers must act fast.
CHANGE FROM LAST
YEAR
Redland City LGA plans to see approx. $607.6M of new projects commencing construction in 2025.
Commercial $25.2M Residential
HALF YEAR
$112.5M
Infrastructure $74.6M
HOUSE SALE S Mixed-Use
HOUSE ME DIAN PRICE
Projects $382.0M
HOUSE RE NTAL PRICE
UNIT SALE S
A key mixed-use project in 2025 is Capalaba Town Centre Revitalisation Project ($250.0M), which will deliver a landmark development enhancing retail, entertainment, community assets, and transport infrastructure.
UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Key residential projects include:
$ MARKET CONDITIONS MEDIAN PRICE Q3 2025
$1.1M
$820K
MEDIAN PRICE Q3 2025
$750
SALES
AVERAGE DAYS ON MARKET Q3 2025
37
27
HOUSE
U N I T
RENTALS
$632
•
219-221 Bloomfield Street Apartments Stage 4 (52 Units)
•
16 Smith Street (4 Townhouses)
•
35 Beveridge Road (43 Units)
•
5-23 Lind Street Residential Subdivision (39 Lots)
Although there are plenty of projects in the 2025 pipeline, they will deliver only units, townhouses and land lots. With no stand-alone houses planned, the house market remains undersupplied. This shortage will push median prices even higher, across all property types.
AVERAGE DAYS ON MARKET Q3 2025
18
18
HOUSE
U N I T
303 Units/ Apartments
31 Townhouses 168 Lots