Macleay Island suburb profile
Macleay Island is a serene and picturesque island located in Moreton Bay, Queensland, offering a tranquil lifestyle surrounded by natural beauty. Known for its relaxed atmosphere and friendly community, the island is a haven for those seeking a peaceful retreat from the hustle and bustle of city life. With its stunning waterfront views, sandy beaches, and abundant wildlife, Macleay Island attracts nature lovers and retirees. The island provides essential amenities, including shops, cafes, and a golf course, while regular ferry services connect residents to the mainland. Its unique charm and laid-back vibe make Macleay Island an appealing destination for those looking to enjoy a slower pace of life.
Macleay Island property market performance
Macleay Island’s property market has experienced significant growth in house values over the past 12 months, with an impressive increase of 16.3%, bringing the median house price to $485,000. The unit market remains inactive, with no sales or price changes reported. This indicates a strong preference for houses in the area.
Over the past three months, 43 houses have been sold, but they are taking longer to sell, with a median of 172 days on the market. This suggests that while demand is present, buyers may be more selective or cautious in their purchasing decisions.
The rental market for houses on Macleay Island has also seen growth, with average rents increasing by 6.7% over the last 12 months, reaching $480. The absence of a unit rental market further highlights the focus on houses in this suburb.
| Houses | Units | |
|---|---|---|
| Median price Past 3 months | $485K | N/A | 
| Change in value Past 12 months | 16.3% | N/A | 
| Sold Past 3 months | 43 | N/A | 
| Median days on market Past 12 months | 172 | N/A | 
| Average rent Past 12 months | $480 | N/A | 
| Change in rent Past 12 months | 6.7% | N/A | 
Macleay Island demographics
Macleay Island, located in Queensland's Moreton Bay, offers a serene and picturesque lifestyle, attracting a predominantly older population. With a median age of 62, the island is a haven for retirees and those seeking a peaceful retreat away from the hustle and bustle of city life. The island's natural beauty, combined with its relaxed atmosphere, makes it an ideal location for those looking to enjoy their golden years in tranquility.
The community on Macleay Island is characterized by a high percentage of couple families without children, accounting for 64.5% of the population. This demographic trend is indicative of the island's appeal to empty nesters and retirees. The median total household income is $755 per week, reflecting the island's laid-back lifestyle and the prevalence of retirees who may rely on fixed incomes.
Property ownership on Macleay Island is predominantly outright, with 53.3% of homes owned without a mortgage. This high rate of outright ownership underscores the stability and long-term commitment of residents to the island. Additionally, 23.9% of properties are owned with a mortgage, while 22.9% are rented, offering a mix of housing options for those considering a move to this idyllic location. The island's community spirit, combined with its natural charm, makes Macleay Island a unique and appealing place to call home.
Macleay Island infrastructure, key developments and investment opportunities
Macleay Island is experiencing several developments that could impact its property market. The Macleay Island Foreshore Project, set to be completed in 2024, aims to enhance public spaces and improve accessibility along the waterfront, potentially increasing property values in nearby areas. Additionally, upgrades to the island's ferry terminal and parking facilities are underway, which could boost connectivity and attract more residents and visitors.
The island's growing arts community and recent investments in local galleries and studios are enhancing its cultural appeal. This, combined with ongoing improvements to essential services like healthcare and education, is likely to sustain demand for properties. While no major commercial developments have been announced, the steady population growth and increasing interest in island living post-pandemic may drive future infrastructure projects, potentially influencing long-term property values and desirability on Macleay Island.
Macleay Island rental market trends
The rental market in Macleay Island has experienced moderate growth, with house rents increasing by 6.7% over the past year to $480 per week. However, there has been no change in unit rents, which remain at $0, indicating a limited unit rental market. Macleay Island offers a unique lifestyle, attracting those seeking a tranquil environment with potential for future development.
Suburbs near Macleay Island
Some popular suburbs near Macleay Island include:

