LAND values across Redland City have surged by 20 per cent in the latest official revaluation, with the total value of land across the local government area now topping $42.2 billion.
A total of 63,778 properties were revalued as part of the 2026 land valuation update, reflecting strong demand for property across the Redlands and continued population growth across South-East Queensland.
The new figures show residential land continues to dominate the region’s property market, accounting for 81.9 per cent of the total land value, or about $34.57 billion.
Property market pressures such as limited land supply, interstate migration to South-East Queensland and affordability challenges in Brisbane and the Gold Coast have all contributed to rising land values across the Redlands.
Investors are also continuing to target the region, with well-located properties remaining attractive in a competitive housing market.
The overall median value for residential land in the Redlands is now $610,000, representing a 20 per cent increase since the previous valuation.
Several suburbs recorded significant growth.
Russell Island saw one of the biggest percentage increases, with median land values rising 36.4 per cent from $55,000 to $75,000.
Nearby Macleay Island also recorded strong growth, increasing 35.7 per cent from $70,000 to $95,000.
On North Stradbroke Island, Point Lookout experienced a sharp rise of 31 per cent, with median land values climbing from $840,000 to $1.1 million.
Other major increases included Dunwich (29.9 per cent), Thornlands (29 per cent) and Cleveland (25.4 per cent), where median land values rose from $630,000 to $790,000.
Growth was also recorded in Birkdale, Mount Cotton, Thorneside and Victoria Point, reflecting strong demand across the mainland bayside suburbs.
Even suburbs with more modest increases still recorded significant value growth.
Capalaba rose 9.1 per cent to a median value of $540,000, while Wellington Point increased 9.4 per cent to $700,000.
Across the Redlands islands, land values remain significantly lower than the mainland but continue to climb steadily as more buyers seek affordable entry points into the property market.
Demand is also being driven by the strong rental market, with near-record low vacancy rates continuing to attract investors.
Government stimulus programs aimed at first-home buyers have also helped fuel demand.
Competition for available land has been particularly strong in the southern Redland Bay growth corridor, where population growth and new housing developments continue to attract buyers relocating from interstate.
The region’s rural residential market also recorded growth, with the median value rising 21 per cent from $870,000 to $1.05 million across 3,330 properties.
Demand for coastal lifestyle acreage properties has helped push up values in this segment.
Other land categories also saw increases.
Multi-unit residential land rose 15.9 per cent to $2.12 billion, reflecting demand for more affordable housing types such as units and townhouses.
Industrial land recorded one of the stronger increases, jumping 24.3 per cent to $489 million, while commercial land values rose 10.6 per cent to $1.13 billion.
The increases are largely being driven by limited supply of available industrial and commercial land, as well as the relative affordability of Redlands properties compared with Brisbane and the Gold Coast.
Primary production land also rose 9.9 per cent in value, reflecting ongoing demand from investors and competing pressure from land suitable for redevelopment.
Overall, the revaluation highlights the continued strength of the Redlands property market as the region attracts new residents and investment while grappling with limited land supply.
