Moreton Bay buyer demand is surging faster than ever—and not just for polished, move-in-ready homes.
A recent sale by Neighbourhood Property’s Jules Seibuhr at 24 Kensington Way, Strathpine, shows how properties with untapped potential now command prices once reserved for fully renovated family homes.
24 Kensington Way, Strathpine
The three-bedroom house sold for $685,000 in October 2025. This is a seriously strong result for a property ready to be reimagined, yet this price still sits $165,000 below Strathpine’s current median of $850,000.
How? Let’s all point our blaming fingers toward the Moreton Bay suburb’s 10.8 per cent annual growth!!
For buyers, the message is clear: the market is outpacing expectations, and waiting could mean paying even more for similar opportunities.
When a ‘Diamond in the Rough’ Draws Competitive Attention
Not long ago, $685,000 could buy a turnkey home in Strathpine or surrounding Moreton Bay suburbs.
Today, even homes with renovation potential are attracting multi-offer buyer demand.
Seibhur shares, “There was a great deal of interest at that price point with over 30 groups through the first open home… The lovely buyers weren’t put off by the scope of the work and were excited to add it to their portfolio.”
This Moreton Bay market shift highlights two accelerating trends:
- Rapid inflation of entry-level price points, driven by undersupply and rising land values
- Increased competition for homes with potential, as buyers look for ways to enter the market and value-add overtime.
For many Moreton Bay buyers, it’s no longer about finding perfection. Recognising diamonds in the rough is the new trade secret to get ahead.
24 Kensington Way, Strathpine
The Market Pace for Moreton Bay Buyers
The Moreton Bay market continues to outperform national averages, with record demand for freestanding homes in suburbs such as Strathpine, Kallangur, Burpengary, North Lakes, Narangba, Dakabin and Petrie,
Proximity to transport, education hubs, and new developments such as the University of the Sunshine Coast Moreton Bay Campus has fuelled momentum. Meanwhile, limited stock levels are keeping pressure on property prices.
Where buyers once planned for mid-$600,000s, competition now pushes comparable homes toward or above $800,000—even before renovation costs are considered.
Rethinking Your Buying Strategy
In this climate, the old ‘wait until you can afford more’ mentality can cost you tens of thousands of dollars. Buyers who keep chasing last year’s prices often find themselves priced out entirely.
Instead, success in today’s market comes down to adaptability:
- Widen your location net. Emerging suburbs within Moreton Bay still offer strong value growth.
- Consider value-adding potential. The right home can outperform newer stock over time.
- Use professional guidance. Buyer’s agents will identify opportunities others overlook—or simply don’t have access to.
Our amazing past client, Harry Dell!
How a Buyer’s Agent Makes the Difference
When properties with renovation potential are selling near suburb medians, the margin for error shrinks. A lot.
A buyer’s agent ensures you’re paying the right price for the right opportunity.
At Lauren Jones Buyers Agency, we help clients:
- Analyse genuine value versus hype in fast-moving suburbs.
- Access off-market opportunities before competition drives prices higher.
- Develop data-driven strategies to buy smarter, not later.
- Understand where renovation actually builds equity. And, where it doesn’t.
Final takeaway—the time to rethink is now. Buyer confidence in the Moreton Bay market’s long-term potential is on the rise, with no signs of slowing down in upcoming years.
Whether you’re a first-time buyer, a soon-to-be downsizer or an investor chasing growth, the key is strategy, precision, negotiation, and experience. Not guesswork. Not ‘timing’ the market right.
Right is right now.