Moreton Bay Region - Far northern suburbs of Brisbane
The Moreton Bay property market is beginning to gain momentum, fueled by new infrastructure projects, affordability and proximity to major Brisbane jobs nodes.
The Moreton Bay Region, which covers the Brisbane metropolitan area’s urban sprawl in the northern growth corridor heading to the Sunshine Coast, has tracts of vacant land suitable for residential development as well as good rail and road links to Brisbane to the south and the Sunshine Coast (and beyond) to the north.
Construction has begun on some sections of the $2 billion North East Business Park and with a new university and a new town plan in prospect – including the new suburb of Caboolture West – the Caboolture-Morayfield area is destined to continue absorbing urban growth.
This region has been identified by the State Government as a Principal Regional Activity Centre for major growth in the Brisbane area.
This market has several suburbs with rising demand, based on Hotspotting’s quarterly surveys of sales activity.
This report covers the suburbs and towns of Beachmere, Bellmere, Burpengary, Caboolture, Caboolture South, Deception Bay, Griffin, Kallangur, Morayfield, Murrumba Downs, Narangba, North Lakes, Sandstone Point, Upper Caboolture and Warner.