Brisbane - East Property Market & Development Rates — May 2026 | Suburbtrends

Brisbane - East Property Market: Prices, Vacancy & Trends

As of May 2026, median house prices across the Brisbane - East SA4 range from $1,004,500 (Cleveland - Stradbroke) to $1,345,000 (Wynnum - Manly). The stock-weighted rental vacancy rate is 2.2%, ranging from 0.7% in Capalaba to 3.7% in Cleveland - Stradbroke. Top median house rent is $1100/week in North Stradbroke Island.

Source: Suburbtrends, 12-month rolling medians · Updated monthly
$1.34M
Wynnum - Manly median house
$1.15M
Capalaba median house
+16.8%
Top SA3 growth (Capalaba)
2.2%
SA4 vacancy (weighted)
$1100/wk
Top house rent (North Stradbroke Island)
1,158
Houses listed for sale

What is the median house price in the Brisbane - East?

Median house prices across the Brisbane - East's SA3 markets span $1,004,500 to $1,345,000, with Wynnum - Manly the most expensive market and Cleveland - Stradbroke the most affordable.

SA3 house markets, Brisbane - East — 12 months to May 2026
SA3 marketMedian house12-mth changeMedian unitDays on market
Wynnum - Manly$1,345,000+12.1%$838,00028
Capalaba$1,146,010+16.8%$789,00021
Cleveland - Stradbroke$1,004,500+11.0%$820,00042
Listings on market by SA3 — for sale and for rent, current month
SA3 marketHouses for saleHouses for rentUnits for saleUnits for rent
Cleveland - Stradbroke7431357023
Capalaba222542716
Wynnum - Manly193687447

Listings counts are the current-month average of properties advertised for sale or rent. Unit stock can be thin in regional markets — some SA2 unit markets carry only a handful of active listings at any time.

SA2 median prices, houses and units — 12 months to May 2026
SA2 areaSA3House medianHouse 12-mthUnit median
Belmont - Gumdale Capalaba$1,760,000
Manly - LotaWynnum - Manly$1,600,000+18.3%
WakerleyWynnum - Manly$1,590,000+6.0%
OrmistonCleveland - Stradbroke$1,435,000+27.0%
Wellington PointCapalaba$1,387,000+15.6%
WynnumWynnum - Manly$1,385,000+4.5%$835,000
MurarrieWynnum - Manly$1,350,000+5.5%
Manly WestWynnum - Manly$1,330,000+15.7%
Sheldon - Mount CottonCleveland - Stradbroke$1,305,000+29.2%
ThornlandsCleveland - Stradbroke$1,285,000+24.8%
BirkdaleCapalaba$1,250,000+4.2%
ClevelandCleveland - Stradbroke$1,230,000+17.1%$820,000
TingalpaWynnum - Manly$1,221,500+13.6%
North Stradbroke Island Cleveland - Stradbroke$1,220,000
Redland BayCleveland - Stradbroke$1,200,000+29.7%
Wynnum West - HemmantWynnum - Manly$1,200,000+18.8%$822,999
Thorneside Capalaba$1,112,000
CapalabaCapalaba$1,085,000+18.6%$775,000
Victoria PointCleveland - Stradbroke$1,080,000+13.1%$830,000
Alexandra HillsCapalaba$1,000,000+13.0%
Southern Moreton Bay IslandsCleveland - Stradbroke$425,000+17.1%

† Thin market: fewer than 40 sales in 12 months, or a distorted price mix — medians are volatile and 12-month changes are not reported. A dash indicates too few unit sales to report a reliable median.

Which Brisbane - East areas are growing fastest?

Among SA2 areas with robust sales volumes, the strongest 12-month house price growth to May 2026 was Redland Bay +29.7%, Sheldon - Mount Cotton +29.2%, Ormiston +27.0%, Thornlands +24.8%, Wynnum West - Hemmant +18.8%.

What is the rental vacancy rate in the Brisbane - East?

The stock-weighted rental vacancy rate across the Brisbane - East SA4 is 2.2% as at May 2026. Conditions range from 0.7% in Capalaba to 3.7% in Cleveland - Stradbroke — a critically tight market.

Rental vacancy by SA3, rolling 3-month rate — trailing 6 months
SA3 marketDec 25Jan 26Feb 26Mar 26Apr 26May 26Rental stock
Capalaba2.5%2.1%2.5%2.7%1.8%0.7%300
Wynnum - Manly0.5%0.3%1.7%2.4%3.0%1.7%415
Cleveland - Stradbroke5.5%3.1%3.0%3.1%3.5%3.7%490

Suburbtrends Vacancy Index methodology: vacant rental listings as a share of total rental stock, rolling 3-month basis. SA4 weighted rate uses current rental stock weights.

What are the rents in the Brisbane - East?

Median house rents across the Brisbane - East run to $1100/week in North Stradbroke Island at the top of the region. Unit rents typically sit below houses; bedroom splits below show where stock supports a reading.

House rents by SA2 — weekly median and bedroom splits, 12 months to May 2026
SA2 areaMedian2-bed3-bed4-bed
North Stradbroke Island$1100$1100
Belmont - Gumdale$980$575$795$995
Wakerley$870$350$770$870
Wellington Point$830$650$700$875
Ormiston$825$550$730$830
Manly West$800$595$730$875
Cleveland$790$580$700$850
Birkdale$780$650$700$825
Victoria Point$775$590$680$800
Murarrie$775$565$710$895
Thornlands$770$600$660$775
Redland Bay$760$600$690$780
Thorneside$750$500$650$865
Manly - Lota$750$600$700$1000
Tingalpa$750$560$720$850
Wynnum West - Hemmant$750$580$700$820
Sheldon - Mount Cotton$745$700$750
Capalaba$730$530$690$770
Wynnum$730$630$700$925
Alexandra Hills$700$540$650$800
Southern Moreton Bay Islands$470$450$480$520
Unit rents by SA2 — weekly, where stock supports a reading, 12 months to May 2026
SA2 areaMedian2-bed3-bed
Murarrie$750$670$780
Wakerley$750$750$750
Manly West$700$700
Belmont - Gumdale$680$675$680
Ormiston$675$610$785
Wellington Point$650$620$670
Redland Bay$650$650$685
Thornlands$650$610$650
Victoria Point$650$580$650
Wynnum West - Hemmant$640$580$680
Wynnum$630$650$700
Cleveland$625$600$750
Birkdale$600$560$685
Capalaba$600$550$649
Manly - Lota$580$650$700
Thorneside$575$530$610
Alexandra Hills$530$530$580
Sheldon - Mount Cotton$475
Tingalpa$450$520$710
Southern Moreton Bay Islands$375$390$490

Rents are median advertised asking rents over 12 months. Bedroom splits are reported where enough listings support a reading; a dash indicates too few. Unit rents are shown only for SA2s with sufficient rental stock.

For developers & lenders Suburbtrends is building Development Rates for the Brisbane - East — new-build sale, land and construction rates per sqm by SA2, with traced site purchases and MCG-prepared cost bands. Join the waitlist →

How this data is compiled

Suburbtrends compiles transaction, listings and rental records monthly across every SA2, SA3 and SA4 in Australia. Medians and percentiles are calculated on a 12-month rolling basis; vacancy follows the Suburbtrends Vacancy Index methodology (vacant rental listings as a share of total rental stock, rolling 3 months). Development Rates covers completed strata projects of 4–40 dwellings, with each project's site purchase traced through the title record to derive the land component. Thin markets are flagged and 12-month changes suppressed where sample sizes do not support them. Boundaries follow the ABS ASGS Edition 3. This page was last updated with data to May 2026, and is refreshed in the first week of every month.

Kent Lardner, Head of Research at Suburbtrends
Kent Lardner
Head of Research, Suburbtrends · 30+ years in property data analytics

Kent's research is regularly cited in the Australian Financial Review, news.com.au and industry media. He previously led data science teams at major property data firms and founded Suburbtrends to publish independent, suburb-level market research. Full profile and press citations →

© 2026 Suburbtrends · Independent Australian property research · Market data on this page may be cited with attribution to Suburbtrends and a link to this URL. Development Rates figures shown are headline regional rates; figures are estimates derived from transaction and title records and do not constitute financial advice.