5 Princess Street, Cleveland QLD 4163

Cleveland’s bayside lifestyle, ferry gateway to Moreton Bay, and tight stock on market keep demand high among families and professionals chasing schools, cafes and seaside amenity. Buyers remain attracted by rising rents and the state’s housing strategy for Redlands that promises more serviced lots, even as scarce listings keep competition fierce. Price trajectory stays upward – median houses about $1.26M, units $850K, mid-teen annual growth and sub-30-day market times – so the past six months feel like sustained upward pressure as inventory tightens further.