Sandstone Point suburb profile
Sandstone Point is a picturesque coastal suburb located in the Moreton Bay Region of Queensland, just north of Brisbane. Known for its stunning waterfront views and relaxed lifestyle, it offers a serene escape from the hustle and bustle of city life. The suburb is adjacent to the iconic Bribie Island, providing residents with easy access to beautiful beaches and recreational activities. Sandstone Point is home to the popular Sandstone Point Hotel, a key attraction for both locals and visitors, offering dining, entertainment, and events. With its natural beauty and growing amenities, Sandstone Point is an appealing destination for families and retirees seeking a tranquil coastal community.
Sandstone Point property market performance
Current median dwelling price$727,000Past 3 months
Property growth+6.3%Past 12 months
Sandstone Point’s property market has shown robust growth over the past 12 months, with house values increasing by 12.4%. The current median house price stands at $845,000. In contrast, the unit market has seen minimal change, with a slight increase of 0.3% in value, and the median unit price remains at $0, indicating limited activity or availability in this segment.
Sales activity has been moderate, with 20 houses and 8 units sold over the last 12 months. Houses are selling faster, with a median of 47 days on the market, compared to 84 days for units, suggesting stronger demand for houses.
The rental market in Sandstone Point has experienced modest growth, with house rents increasing by 5.0% and unit rents by 1.9% over the last 12 months. The average rent for houses is $630, while units average $530, reflecting a steady demand for rental properties.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $845K | N/A |
Change in value Past 12 months | 12.4% | 0.3% |
Sold Past 3 months | 20 | 8 |
Median days on market Past 12 months | 47 | 84 |
Average rent Past 12 months | $630 | $530 |
Change in rent Past 12 months | 5.0% | 1.9% |
5 year median price trend for houses and units
Sandstone Point demographics
Sandstone Point, located in Queensland, is a serene coastal suburb known for its picturesque landscapes and tranquil lifestyle. With a median age of 62, it is predominantly a community of retirees and older residents who are drawn to its peaceful environment and natural beauty. The suburb's proximity to the water and its relaxed pace make it an ideal location for those seeking a quieter life away from the hustle and bustle of city living.
The housing market in Sandstone Point is characterized by a high rate of outright home ownership, with 61.4% of properties owned outright. This reflects the stability and long-term residency of its population. The suburb also has a modest proportion of homes owned with a mortgage (21.1%) and a smaller rental market, with only 17.5% of properties being rented. This indicates a community that values home ownership and long-term settlement.
Family structures in Sandstone Point are diverse, with a significant number of couple families without children, making up 64.5% of the family demographic. This is indicative of the older population who may have adult children living elsewhere. Couple families with children account for 21.2%, while one-parent families make up 13.4%. The suburb's low median household income of $963 per week reflects its demographic composition, with many residents likely relying on pensions or retirement savings. Overall, Sandstone Point offers a peaceful and stable environment, ideal for retirees and those seeking a laid-back lifestyle by the coast.
Sandstone Point infrastructure, key developments and investment opportunities
Sandstone Point is experiencing significant growth and development that may impact its property market. The $1 billion redevelopment of the Sandstone Point Hotel, one of Queensland's most iconic waterfront destinations, is enhancing the area's entertainment and dining options. This major project is likely to boost tourism and potentially increase property values in the surrounding area.
Infrastructure improvements are also underway, with plans for a new bridge to Bribie Island in the works, which could improve connectivity and accessibility for residents. Additionally, the development of the BIG4 Sandstone Point Holiday Resort is attracting more visitors to the area, potentially increasing demand for short-term rentals and holiday homes. These developments, combined with Sandstone Point's coastal location and proximity to Brisbane, are likely to sustain strong interest in the local property market.
Sandstone Point rental market trends
The rental market in Sandstone Point has experienced moderate growth, with house rents increasing by 5.0% over the past year to $630 per week, while unit rents have seen a smaller rise of 1.9% to $530 per week. This steady growth reflects a stable demand in the area, making it an attractive option for both renters and investors seeking a balanced market environment.
Suburbs near Sandstone Point
Some popular suburbs near Sandstone Point include:
How does Sandstone Point compare to nearby suburbs?
- Median house prices: Sandstone Point’s median house price is 9.7% higher than Deception Bay’s.
- Median unit prices: Sandstone Point’s median unit price is 13.2% higher than Deception Bay’s.
- House price growth: Over the past 12 months, house prices in Sandstone Point have grown 1.5% higher than in Burpengary East.
- Unit price growth: Property prices in nearby Scarborough have risen 10.6% more than in Sandstone Point over the past year.
- Selling speed for houses: Properties in Sandstone Point are selling 39.0% faster than in Scarborough.
- Selling speed for units: Properties in nearby Scarborough are selling 1.2% faster than in Sandstone Point.
- Investment considerations: In Sandstone Point, the rental yield for house is 6.7% lower than the Brisbane average, while the rental yield for units is 13.7% lower.
- House price growth: Over the past 12 months, house prices in Sandstone Point have grown 22.0% lower than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Sandstone Point have grown 12.2% lower than the average rate of growth for units across Brisbane.

