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Redland Bayside News > Real Estate > Why Redlands keeps rising, and Wello stays No.1
Real Estate

Why Redlands keeps rising, and Wello stays No.1

Steph Marshall
Steph Marshall
Published: March 22, 2026
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4 Min Read
DREAM JOB: Steph Marshall, pictured at Wellington Point, loves working in real estate.
DREAM JOB: Steph Marshall, pictured at Wellington Point, loves working in real estate.
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IF there’s one question I get asked almost every day, it’s this: Is the property market still strong in the Redlands and Bayside?

The short answer is yes – and in many areas it’s still absolutely booming.

Demand across the Redlands and Bayside remains incredibly strong, while the number of homes available for sale is still relatively low.

When you combine strong buyer demand with limited stock, prices continue to climb – and that’s exactly what we’re seeing.

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One suburb that continues to stand out above the rest is Wellington Point.

Wellington Point is number one. Wellington Point is absolutely number one.

It is the most highly desired suburb, with median house prices now sitting around $1.25 million.

It has just grown exponentially.

That said, there are still opportunities across the Redlands if you know where to look.

Alexandra Hills, for example, is still a suburb where buyers can pick up a really great property for less than a $1 million.

My advice to buyers is always the same – look for something where you can add value.

Whether that’s renovating, updating, or improving the property, those are the homes that tend to reward you later.

One of the biggest factors driving the market right now is the lack of available homes.

Stock has been down since about October – around 20 per cent – and we’ve had a shortage for quite a while.

Because of that, buyers are paying more simply because they want to secure a property and get into the market.

Real estate agents sometimes cop a bit of flak for rising prices.

People say agents are the ones driving prices up.

But the reality is, it’s buyers who set the market.

Buyers are the ones choosing to pay more for the property.

We’re also seeing an interesting mix of buyers coming into the Redlands.

There are more interstate buyers now – particularly Victorians moving north.

Some are relocating permanently for the lifestyle, while others are investing in the area.

I’m also seeing a lot of first-home buyers who might have started with a townhouse closer to Brisbane and are now moving further out to the Bayside to get a bigger home and better value for money.

At the same time, downsizers are playing a big role in the market as well.

Many retirees are selling larger family homes and looking for something smaller and easier to maintain while staying in the area they love.

For me personally, one of the most rewarding parts of the job isn’t just selling homes – it’s the relationships.

One thing I love the most is that a lot of my clients come back to me again.

When someone trusts you to sell their home multiple times or help them buy again, it means you must have done a really great job the first time.

Despite the long hours, I genuinely love what I do.

I love meeting people, talking to people, and helping them navigate one of the biggest financial decisions of their lives.

TAGGED:Alexandra HillsWellington Point
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