Moreton Bay Region - Far northern suburbs of Brisbane
Moreton Bay Region is one of the highest-growth LGAs in Australia, spurred by high levels of infrastructure spending and attractive housing affordability. This is attracting interstate migrants, first-home buyers and investors to the area, driving strong demand for housing.
The Moreton Bay Region is strategically located between central Brisbane and the Sunshine Coast, making job nodes easily accessible. Properties are not only affordable but many suburbs are near the water, providing a highly sought-after lifestyle.
With ample land suitable for development, combined with recent changes to rezoning laws, the number of applications for residential estates has increased in the last 12 months. These are accompanied by construction of the $2 billion North East Business Park and a new university campus, which are creating new employment in the area.
This region has been identified by the State Government as a Principal Regional Activity Centre for major growth in the Brisbane area, an encouraging factor for the LGA’s long-term economic prospects.
Moreton Bay has numerous suburbs with rising demand, based on Hotspotting’s quarterly surveys of sales activity - and price growth in the area is well above Brisbane averages.
This report covers the suburbs and towns of Beachmere, Bellara, Bellmere, Burpengary, Caboolture, Caboolture South, Clontarf, Deception Bay, Griffin, Kallangur, Mango Hill, Morayfield, Murrumba Downs, Narangba, North Lakes, Sandstone Point, Upper Caboolture, Warner and Woody Point.
Moreton Region was Hotspot of the Week on 15th October 2019