High demand for Peninsula property

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The Redcliffe Peninsula property market remains highly competitive, with low supply driving demand from interstate and local buyers.

We chat to Belle Property’s Clinton Viertel and Dianne Clarke …

Q. Can you please describe market conditions on the Peninsula at present?

A. The market on the Peninsula is highly competitive, with more buyers entering due to low supply. We’re seeing a mix of buyers from southern states relocating to Queensland, looking for proximity to Brisbane. There's also strong local demand as homeowners look to upgrade, downsize, or invest within their own suburb or neighbouring areas. The competition is intensifying as more people recognise the value here on the Peninsula.

Q. How do the market conditions on the Peninsula differ from others in SEQ?

A. Property on the Peninsula remains affordable compared to other coastal areas in South East Queensland. The proximity to Brisbane Airport and the CBD makes it an ideal location for both short-term and long-term capital growth. Waterfront areas like Newport and Scarborough continue to be popular, with families drawn to the coastal lifestyle. For those who don’t need immediate city access and can work from home, these areas provide incredible value. With the Kippa-Ring train station and Gateway Motorway upgrade, the Peninsula offers the best of both worlds: a coastal lifestyle close to beaches, amenities like hospitals and top schools, and only 35km from the city.

Q. What types of properties are in demand at the moment?

A. Properties under $1 million are in high demand from both investors and owner-occupiers. Buyers, particularly from southern states, are often looking for homes with pools and prefer properties that require little or no renovations. Dual-occupancy homes for multigenerational living are becoming more popular and will continue to grow in demand.

Q. What are your top tips for vendors?

A. Before listing, have a clear plan for preparing your property for sale. Meeting with an agent early, even if it’s just for advice, can make a significant difference in your final sale price. High-quality marketing is crucial—it will set your property apart from others. You’ll notice that well-presented homes tend to attract more attention and ultimately sell for a better price.

Q. What are your top tips for buyers?

A. Make yourself known to agents who specialise in the price range you're targeting and the areas you ideally want to buy in. Being pre-approved for finance and ready to buy with reasonable conditions puts you in the best position to have your offer accepted and stand out to sellers.

Q. What are some of the challenges for vendors at present and how can you help them overcome these?

A. Selecting the right agent is key. Has the agent taken the time to understand your motivation for selling and what's important to you? A top agent should have a proven track record and pride in their market results. Buyers will compare properties, so choose an expert who understands what makes your property unique and has strong negotiation skills to get you the best possible outcome.

Q. What are some of the challenges facing buyers and how can you assist them?

A. The key challenge for buyers is ensuring they’re in a strong position to act quickly. This means either having already sold their property or securing pre-approval for finance. We’ve helped many buyers by ensuring they have the flexibility to negotiate settlement terms, so they don’t risk being left without a home.

Q. When is the best time to buy and sell?

A. We always answer 'now' is the best time to buy as property prices won't stay at these levels. Experts are predicting to see between 5-7 per cent increase in property prices across Brisbane this year.

We ordinarily see a spike in listings in March and September, however that doesn't mean those months are the best to sell... only sell when your property is ready, and you are ready to make the move.

To find out more, visit these websites ...

Belle Property Newport

Belle Property Redcliffe