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Victoria Point suburb profile

Victoria Point is a picturesque coastal suburb located in the Redland City region of Queensland, approximately 33km southeast of Brisbane's CBD. Known for its stunning waterfront views and relaxed lifestyle, the suburb is a popular choice for families and retirees. Victoria Point offers a variety of recreational activities, including boating, fishing, and picnicking at Thompson's Beach and the nearby islands. The area features a mix of modern homes and established properties, along with convenient amenities such as shopping centres, schools, and healthcare facilities. Its blend of natural beauty and suburban convenience makes Victoria Point a desirable location for residents seeking a serene yet connected community.

Victoria Point property market performance

Current median dwelling price$1,026,250Past 3 months

Property growth+10.7%Past 12 months

Victoria Point's property market has shown robust growth over the past 12 months, particularly in the housing sector. House values have surged by 13.6%, with the median house price now at $1.16 million. In contrast, the unit market has seen a modest increase of 6.3%, although the median unit price remains at $0, indicating limited data or sales activity in this segment.

Sales activity has been strong for houses, with 60 sold in the past 12 months, while only 3 units were sold, reflecting a significant disparity in market demand. Houses are selling rapidly, with a median of just 19 days on the market, whereas units are taking considerably longer at 91 days, suggesting a slower unit market.

The rental market in Victoria Point has also experienced changes, with house rents increasing by 8.6% to an average of $760, while unit rents have seen a minimal rise of 0.8%, averaging $600. This indicates a stronger demand for rental houses compared to units.

HousesUnits
Median price
Past 3 months
$1.10MN/A
Change in value
Past 12 months
13.8%7.6%
Sold
Past 3 months
631
Median days on market
Past 12 months
1991
Average rent
Past 12 months
$770$600
Change in rent
Past 12 months
8.5%0.8%

5 year median price trend for houses and units

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Victoria Point demographics

Victoria Point, located in the Redland City region of Queensland, is a picturesque suburb known for its coastal charm and relaxed lifestyle. With a population of 15,140, it offers a serene environment that appeals to families and retirees alike. The median age of 49 suggests a mature community, with many residents enjoying the suburb's tranquil setting and proximity to Moreton Bay's beautiful waterfront.

The suburb's housing landscape is characterized by a high rate of home ownership, with 40.4% of properties owned outright and 37.4% owned with a mortgage. This reflects a stable community with a significant number of long-term residents. Rental properties make up 22.2% of the housing market, catering to those seeking flexibility or a temporary stay in this idyllic location.

Family life is a cornerstone of Victoria Point, with couple families with children comprising 38.7% of the population, while couple families without children account for 46.4%. The presence of one-parent families at 14.1% adds to the suburb's diverse family dynamics. The area's appeal is further enhanced by its local amenities, including shopping centers, parks, and schools, making it a desirable place for families to settle.

Overall, Victoria Point offers a blend of coastal living and community spirit, making it an attractive option for those seeking a peaceful lifestyle with the convenience of urban amenities nearby. Its strong sense of community and beautiful natural surroundings make it a standout suburb in the Redland City region.

Victoria Point infrastructure, key developments and investment opportunities

Victoria Point continues to benefit from its established retail hub, including a major shopping centre, cinema and library precinct, which underpins local employment and supports steady foot traffic through the suburb’s core.[2][7] The suburb’s coastal setting with access to waterside parks, recreation areas and the ferry service to Coochiemudlo Island remains a key lifestyle drawcard that supports buyer demand and enhances long-term desirability.[2][7]

Local planning in the broader Redland City area continues to focus on accommodating population growth while preserving coastal amenity, which is likely to encourage medium-density infill around existing centres rather than large-scale greenfield expansion.[2] Good road links to nearby employment centres, combined with existing community facilities and schools, mean there are currently no single, headline infrastructure projects reshaping Victoria Point, but the steady incremental improvements are supporting a stable property market rather than driving abrupt change.[2][7]

Victoria Point rental market trends

The rental market in Victoria Point has experienced moderate growth, with house rents increasing 8.6% over the past year to $760 per week, while unit rents have seen a slight rise of 0.8% to $600 per week. This stable rental environment, coupled with the suburb's appealing coastal lifestyle, makes Victoria Point an attractive option for both renters and investors seeking steady returns.

Suburbs near Victoria Point

Some popular suburbs near Victoria Point include:

How does Victoria Point compare to nearby suburbs?

  • Median house prices: Victoria Point’s median house price is 93.8% higher than Macleay Island’s.
  • Median unit prices: Victoria Point’s median unit price is 5.8% higher than Cleveland’s.
  • House price growth: Property prices in nearby Coochiemudlo Island have risen 7.0% more than in Victoria Point over the past year.
  • Unit price growth: Property prices in nearby Redland Bay have risen 43.2% more than in Victoria Point over the past year.
  • Selling speed for houses: Properties in Victoria Point are selling 76.5% faster than in Coochiemudlo Island.
  • Selling speed for units: Properties in nearby Redland Bay are selling 25.3% faster than in Victoria Point.
  • Investment considerations: In Victoria Point, the rental yield for house is 8.6% higher than the Brisbane average, while the rental yield for units is 8.1% lower.
  • House price growth: Over the past 12 months, house prices in Victoria Point have grown 8.5% lower than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Victoria Point have grown 24.7% higher than the average rate of growth for units across Brisbane.

Common questions about Victoria Point

  • Is Victoria Point a nice place to live?

    Victoria Point is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. With its charming coastal setting, the suburb is perfect for those who appreciate a relaxed lifestyle surrounded by natural beauty. The community vibe is warm and welcoming, with a strong sense of togetherness that appeals to both families and retirees. The suburb's proximity to Moreton Bay provides residents with stunning waterfront views and a plethora of outdoor activities, such as boating and fishing, which are perfect for weekend adventures.

    Living in Victoria Point means having convenient access to a range of amenities, including shopping centres, schools, and healthcare facilities, which cater to the needs of its residents. The suburb's peaceful atmosphere is complemented by its safety, making it an ideal location for families looking to settle down. While Victoria Point may not offer the bustling nightlife of inner-city areas, it more than compensates with its tranquil parks and green spaces, perfect for picnics and leisurely strolls.

    For families, Victoria Point provides a nurturing environment with excellent schools and community facilities. The suburb's trade-offs include its distance from Brisbane's CBD, which might be a consideration for those commuting daily. However, the well-connected road links make travel manageable, and the suburb's peaceful lifestyle is a significant draw for those seeking a quieter pace of life. Overall, Victoria Point is a charming suburb that offers a harmonious blend of coastal living and suburban convenience, making it a lovely place to live.

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  • Is it expensive to live in Victoria Point?

    Living in Victoria Point can be considered quite expensive, particularly when you look at the housing market. The median house price is currently around $1,160,000, which is significantly high compared to many other areas. For those considering renting, the average rent for houses is about $760 per week, while units have an average rent of $600 per week. This can take a considerable chunk out of your budget if you're earning the average wage in the suburb.

    When you compare this to the average wage in Victoria Point, which is approximately $68,000 per year, it becomes clear that a significant portion of one's income would need to be allocated towards housing costs. The median total household income weekly is $1,511, which suggests that many households may find it challenging to balance living expenses with the high cost of housing in the area.

    Overall, if you're thinking of living in Victoria Point, it's important to carefully consider your financial situation. While the suburb offers a desirable lifestyle with its coastal charm and amenities, the cost of living, particularly in terms of housing, is on the higher side, which could be a stretch for those on an average income. It's crucial to evaluate whether your earnings can comfortably support the expenses associated with residing in this lovely 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 Victoria Point a good place to invest?

    Victoria Point is showing promising signs as a good place to invest, especially if you're looking at the housing market. Over the past year, the median house value has increased by a notable 13.6%, indicating strong demand and potential for capital growth. This kind of growth suggests that the suburb is becoming increasingly popular, possibly due to its appealing lifestyle and amenities. The rental market for houses is also on the rise, with an 8.6% increase in rent, which is great news for investors seeking rental income.

    While the unit market hasn't seen as dramatic a rise, with a 6.3% increase in median value and a modest 0.8% change in rent, it still presents a stable option for those looking to invest in units. The slower growth in the unit sector might appeal to investors who prefer a more conservative approach, with less volatility and steady returns. Overall, Victoria Point offers a balanced mix of growth and rental potential, making it a suburb worth considering for investment.

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Choose the right real estate agents in Victoria Point

In Victoria Point ,107 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 39.5% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.8% and 3.13%. 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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