News
17 June, 2025
Property owners have an eye on the prize
THE lasting impacts of infrastructure projects in Moreton Bay, fuelled by the upcoming 2032 Olympic Games, are being seen in the local property market — with capital growth, lifestyle upgrades, and strong demand all pointing to a booming future for buyers and investors alike.
Bruce Highway Western Alternative
The Bruce Highway Western Alternative — or Moreton Motorway — is tipped to become the region’s next major growth corridor.
With $20 million in joint government funding allocated for planning Stages 1 and 2, the 50km route will help relieve congestion and connect emerging residential areas.
Jessy Clifton of LJBA sees clear property implications, including fringe suburbs like Moodlu, Wamuran, and Upper Caboolture becoming commuter-friendly, along with developers securing land ahead of growth, with a “price uplift” in Narangba, Burpengary, and Caboolture West.
She also noted the highway will “boost” industrial and commercial development opportunities.
David Bruce from Stone Real Estate said the project will bring “improved accessibility and liveability for homebuyers,” along with “increased property values and housing demand”, along with “economic growth via business investment and job creation”.
Youngs Crossing Road Upgrade
In Joyner and Warner, another key project is about to break ground: the $80 million upgrade to Youngs Crossing Road.
Scheduled to begin mid-2025 and finish in 2027, the project will deliver a new four-lane bridge and ease flood risks that have long plagued the area.
Dario Rodrigues of LJBA noted better commuter flow and accessibility amongst the most immediate benefits.
He also pointed out that the “enhanced flood immunity” would increase buyer confidence, with Joyner and Warner being positioned for an “uplift” due to improved liveability.
David Bruce added sustainable transport increases area appeal, and that “safer roads and less congestion drive property demand”.
River-Based Transport and Lifestyle Investment
On the waterfront, plans for a river-based ferry network known as “Bay Cats” are adding even more connectivity — with potential links between Redcliffe, Bribie Island, and Brisbane’s CBD.
These ferry services will be accompanied by waterfront infrastructure upgrades and a second Bribie Island bridge, which has already secured $200 million in funding and will include two eastbound lanes, plus pedestrian and cycle paths.
“Redcliffe, North Lakes, Petrie, Mango Hill, and Joyner will benefit from increased connectivity,” Lauren Jones from LJBA said.
She highlighted that Olympic legacy projects “drive beautification and long-term growth”, along with a “boost” in Airbnb and waterfront investment interest in Redcliffe.
David Bruce added that “desirability rises through sustainable transport,” while “improved traffic flow and safety enhance buyer demand,” with “Bribie Island poised for substantial growth.”
Petrie Stadium
Beyond roads and ferries, major precinct projects are also reshaping including the flagship $205m Moreton Bay Indoor Sports Centre, to be constructed at The Mill in Petrie.
Experts are already seeing significant changes on the ground of the new sports stadium.
Lauren Jones outlined the ripple effect, noting key property impacts stemming from the sporting epicentre include increased demand from investors, families, and professionals, higher rental yields and strong tenant interest, along with a rise in median house prices in host suburbs, and Petrie’s “transformation into a thriving urban hub alongside the USC Moreton Bay campus”.
Mr Bruce echoed the outlook, citing boosted demand from owner-occupiers and investors, as well as rising interest in Petrie, Lawnton, Strathpine, and Kallangur as a side effect of the stadium.
Griffin getting its turn
Another suburb gaining attention is Griffin, with new projects including the Freshwater Village Shopping Centre, Bruce Highway ramp upgrades, and additional childcare facilities.
According to Mathew McCullagh from Touch Residential, “it is excellent timing to buy in Griffin”.
He explained that public awareness of new developments fuels demand, and that “better travel times boost buyer interest.”
With a significant increase in rental returns that attract investors, Mathew McCullagh predicts the “median dwelling prices will catch up” with North Lakes, Murrumba Downs, and Mango Hill.
Mr Bruce said the upgrades are expected to drive house prices upwards, transforming the area into “a prime investment opportunity”.
