Smart Buyers Blog


Brisbane Buyers Agent First Home Buyer Insights – What’s happening in the southern Moreton Bay islands – new ferry terminals for four islands

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As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in the southern Moreton Bay islands.

A $37 million ferry terminal upgrade project for the Southern Moreton Bay Islands has started construction.

A construction company has been awarded the contract to build and install the new ferry terminals on the four islands, including Macleay, Russell, Karragarra and Lamb, while a Redland-based company has won the contract to fit out the terminals.

The upgraded terminals will include better amenity including increased seating, drinking fountains, more waiting areas with better weather protection, wider jetties and improved security with lighting and CCTV cameras surveillance.

The project, which will be one of the largest marine infrastructure projects delivered on the bay islands, has been a long time coming – having been in planning since 2014 – and will be welcomed by residents

It is expected works will be completed by 2023.

96c4d1729074c7a4b20c28323169a414 Russell Island LR 1

Russell Island

cfea422e2831f075bf0b7901327de8f0 Macleay Island LR

Macleay Island

78fbed0632087625b57ca0c2f116eac3 Karragarra Island LR

Karragarra Island

bbc587563a0f9a2a5030bdcdf4fb0ec2 Lamb Island LR

Lamb Island

Market Snapshot – Macleay Island

Median house price House average annual price  growth Houses sold over past 12 months Median Unit price Unit average annual price  growth Units sold over the past 12 months Demand level Population Median age of residents % of renters
$248,500 0.76% 144 N/A N/A N/A  Balanced (H & U) 2,681 59 31%

Source: CoreLogic, ABS 2016 Census,

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