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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.

HousesUnits
Median price
Past 3 months
$845KN/A
Change in value
Past 12 months
12.4%0.3%
Sold
Past 3 months
208
Median days on market
Past 12 months
4784
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

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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.

Common questions about Sandstone Point

  • Is Sandstone Point a nice place to live?

    Sandstone Point is a delightful coastal suburb that offers a charming blend of natural beauty and a relaxed lifestyle. Nestled in the Moreton Bay Region, this suburb is perfect for those who appreciate stunning waterfront views and a serene atmosphere. Its proximity to Bribie Island means residents can enjoy beautiful beaches and a variety of recreational activities, making it an ideal location for families who love the outdoors. The community vibe is welcoming and laid-back, with a growing number of amenities that cater to both locals and visitors.

    Families will find Sandstone Point to be a safe and pleasant place to raise children, with a strong sense of community and access to essential services. The suburb's peaceful environment is complemented by the popular Sandstone Point Hotel, which offers dining and entertainment options that bring the community together. While the nightlife may not be as vibrant as in the city, the suburb makes up for it with its natural attractions and family-friendly events.

    One trade-off of living in Sandstone Point is its distance from the hustle and bustle of Brisbane, which may require a longer commute for those working in the city. However, the ongoing infrastructure improvements, including plans for a new bridge to Bribie Island, promise to enhance connectivity and accessibility. Additionally, the suburb's growing popularity and development projects may lead to increased property values, which could be a consideration for potential homeowners.

    Overall, Sandstone Point is a wonderful place to live for those seeking a tranquil coastal lifestyle with a strong community feel. Its natural beauty, combined with the convenience of nearby amenities and recreational opportunities, makes it an appealing choice for families and retirees alike. While it may not offer the urban excitement of a city, its peaceful charm and scenic surroundings provide a unique and fulfilling living experience.

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  • Is it expensive to live in Sandstone Point?

    Living in Sandstone Point can be considered moderately expensive, especially when compared to other areas in Queensland. The median house price in Sandstone Point is currently $825,000, which is relatively high, especially when you consider the average household income in the area is $963 per week. This suggests that buying a house could take up a significant portion of a household's income.

    For those looking to rent, the average rent for houses is around $640 per week, while units are more affordable at $400 per week. This rental pricing aligns with the area's average annual salary of approximately $85,000. It's important to note that the average salary in Queensland is generally lower, so Sandstone Point's income level is slightly above average, which helps balance the higher property prices.

    Overall, while Sandstone Point offers a peaceful lifestyle with its coastal charm, the cost of living, especially in terms of housing, can be on the higher side. If you are thinking of living in Sandstone Point, it's essential to evaluate your financial situation to ensure it supports the expenses associated with this picturesque suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Sandstone Point a good place to invest?

    Sandstone Point presents a promising opportunity for property investors, especially those seeking a balance between capital growth and rental yield. Over the past year, the suburb has experienced a 5.8% increase in median house values, indicating a healthy appreciation in property prices. While the growth in unit values has been more modest at 1.5%, the rental market tells a different story, with rents for units rising by an impressive 8.1%. This suggests strong demand for rental properties, particularly units, which can offer investors attractive rental returns.

    The suburb's appeal is further enhanced by its lifestyle offerings and proximity to coastal attractions, making it a desirable location for both residents and holidaymakers. This dual appeal can help maintain steady demand for rental properties, providing investors with a reliable income stream. Additionally, the 6.7% increase in house rents over the past year highlights the suburb's potential for generating consistent rental income.

    Overall, Sandstone Point is a solid choice for investors looking for a mix of capital growth and rental yield. Its steady increase in property values, coupled with strong rental demand, makes it an attractive option for those seeking a stable and potentially lucrative investment in the real estate market.

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Choose the right real estate agents in Sandstone Point

In Sandstone Point, 37 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 40.0% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.88% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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