1/40 Melrose Avenue, Bellara QLD 4507

Bellara’s demand is fuelled by its Bribie Island lifestyle, waterfront pockets and the steady influx of sea-change buyers seeking affordability plus reliable rental yields in a tight vacancy market. Investors and owner-occupiers alike are drawn by continued annual growth near 10%, healthy yields around 3.9–4.4%, low stock levels and the feel of a well-established suburb even as younger families edge in alongside retirees. The main risks are a high share of older residents and any interest-rate softness dampening the palette of first-time buyers, yet the consistent price lift over the past six months suggests upside remains for buyers who can time purchases while supply stays constrained.