Photo: Supplied.
BY CHRIS VOTE, RAINE & HORNE WYNNUM
The Wynnum-Manly property market is booming, driven by strong buyer demand, low inventory, and sustained interest in bayside living.
Over the past few years, the area has experienced rapid growth, with median house prices in Wynnum reaching around $1.22 million (up 20 per cent in the last 12 months) and in Manly around $1.59 million (up 33 per cent) in 2024. This represents significant year-on-year increases, partly due to limited listings and a notable influx of new residents into Brisbane, who are increasingly drawn to the scenic bayside lifestyle and proximity to Moreton Bay.
For units, the median prices are also climbing, with Wynnum’s median unit price reaching approximately $708,000, which is up 13 per cent, and Manly’s around $800,000 (up 10 per cent). These price points have been supported by interest from first-time buyers leveraging recent government incentives, as well as by families from inner Brisbane suburbs relocating to enjoy the quieter, lifestyle-oriented bayside.
Demand remains particularly high for properties with bay views or close proximity to the waterfront. This demand, combined with continued interest from neighbouring Brisbane suburbs, suggests Wynnum-Manly will remain a competitive market for both buyers and investors looking for strong rental yields and future capital growth. Despite high property values, the area’s lifestyle appeal and robust connectivity to Brisbane’s central areas make it a resilient, high-demand region in the Queensland property landscape.