5 Penzance Drive

Redland Bay QLD 4165

The size of Redland Bay is approximately 47.6 square kilometres. It has 40 parks covering nearly 13.5% of total area. The population of Redland Bay in 2011 was 13,625 people. By 2016 the population was 14,971 showing a population growth of 9.9% in the area during that time. The predominant age group in Redland Bay is 40-49 years. Households in Redland Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redland Bay work in a trades occupation. In 2011, 72.6% of the homes in Redland Bay were owner-occupied compared with 73.2% in 2016.

Redland Bay has 7,868 properties. Over the last 5 years, Houses in Redland Bay have seen a 73.39% increase in median value, while Units have seen a 52.73% increase. As at 31 October 2024:

• The median value for Houses in Redland Bay is $947,501 while the median value for Units is $709,183.
• Houses have a median rent of $700 while Units have a median rent of $505.