Victoria Point Jetty and Ferry Terminal – Image by Kgbo, CC BY-SA 4.0, via Wikimedia Commons
Victoria Point is a gorgeous seaside suburb of Redlands City. Known for its strong community feel and laidback seaside lifestyle, residents of Victoria Point never want to leave!
Is Victoria Point a nice place to live?
Once a sleepy seaside village, today Victoria Point is one of the fastest-growing areas in the Redlands. Known for its coastal appeal and access to the beautiful islands of Moreton Bay, Victoria Point offers residents a fantastic lifestyle, with cinemas, large shopping centres, parks galore, and a short 7 minute ride on the ferry service to Coochiemudlo Island that runs every 30 minutes. The suburb is located just minutes away from lovely beaches like Thompson’s Beach, so if you love a morning seaside walk, Victoria Point is worth a second look.
The suburb has managed to retain its quiet, family-friendly vibe, offering a mix of residential, commercial, and conservation areas. At just 33 kilometres southeast of Brisbane’s CBD, it’s also quite close for those who need to commute to the city. For those who love to shop, Victoria Point is only a 20-minute drive away from shopping hubs like Loganholme and Carindale.
Schools in Victoria Point
At Victoria Point, you’re spoilt for choice when it comes to education. Families have access to four schools. Victoria Point State School is a co-ed government school for students from Prep to Year 6. St Rita’s Primary School and Faith Lutheran College are both independent co-ed primary schools. Victoria Point State High School is the local secondary school for years 7 -12.
Public Transport in Victoria Point
Victoria Point is serviced by the 276 bus to Brisbane City, which takes over an hour. For those who prefer the train, Cleveland train station is a short 15-minute drive away.
Buying Property in Victoria Point
Given its magnificent location, property in Victoria Point is in high demand.
For a house, the median property price is currently $900,000, with an annual capital growth of 12.50%.
For a unit, the median property price is $602,000, with an annual capital growth of 22.86%.
Thinking of investing in Victoria Point? Rental yields for a house are currently 3.87%. For units, it’s 4.65%. The average weekly rent is $670 for a house and $550 for a unit.
Issues to look for in Victoria Point properties
Salty coastal breezes may be delightful for residents, but they can negatively impact the structure of a property. Problems can include corrosion of structural materials including concrete and steel, mortar that holds bricks together degrading, damage to external paintwork, and rising damp inside the home.
Don’t buy a Victoria Point property without getting the full picture of its true condition. Protect yourself with a comprehensive building inspection carried out by an experienced and fully independent professional.
