Redcliffe Peninsula - Northern suburbs of Brisbane
Extensive high-rise construction along the Redcliffe Peninsula is giving the local property market some spark.
Development applications have ramped up since the opening of the $1.2 billion Moreton Bay Rail Link – providing a rail connection from Kippa-Ring to Petrie and onward to the Brisbane CBD.
The market is responding, with some suburbs delivering solid price growth in the past couple of years. They include Margate, a suburb we rate highly because of its lifestyle, amenities and consistency of buyer demand.
The Redcliffe Peninsula may be geographically close to Brisbane, but it has suffered for years from transport links that did not keep pace with demand.
Redcliffe was first connected to the ‘mainland’ in 1935 by the 2.7km Hornibrook Bridge, which helped the establishment of Redcliffe as a seaside suburb. It was replaced in 1979 by the concrete Houghton Bridge and then in 2010 the $315 million Ted Smout Memorial Bridge was opened.
Now direct rail links – promised at state elections for decades without being delivered – have finally been constructed.
The appeal of the precinct has also been enhanced by ongoing improvements to lifestyle elements on the Peninsula.
This report covers the suburbs of Clontarf, Kippa-Ring, Margate, Newport, Redcliffe, Scarborough and Woody Point.