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557 Cleveland Redland Bay Road, Victoria Point QLD 4165

Expressions Of Interest

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$2M - $2.5M Medium Confidence Calculated based on our search observations.

House 4 Beds 2 Baths 12 Cars 4000 m²

Listed: 4th Jul 2026

Updated: 31st Jul 2026

Overview

This expansive lowset home occupies a substantial 4000 sqm parcel with medium density zoning, presenting exceptional development potential. The zoning allows for the subdivision of land to build additional homes, townhouses, or apartments, offering a valuable opportunity for investors and developers while benefiting from rental income during the approval process.

Inside, the existing home features a master bedroom with a private ensuite and walk-in robe, complemented by three additional bedrooms servicing a family bathroom and separate toilet, providing comfortable family living. The kitchen is well-equipped with a dishwasher and generous storage and bench space, facilitating functional daily living and entertaining.

Two sizeable living areas, including a family dining and lounge space alongside a rumpus room with a distinctive bay window, create versatile options for relaxation or hosting guests. Climate control throughout includes air-conditioning and ceiling fans, enhancing comfort year-round.

The outdoor area offers a covered entertaining space overlooking the grounds, perfect for gatherings in a fenced yard that also accommodates two-car garaging with ample additional space suitable for extra vehicles, a caravan, boat, or potential sheds and even a pool.

Overall, this property is ideal for buyers looking to combine immediate comfortable living with significant future development upside in a growing suburb, balancing lifestyle with investment potential.

Local Market Insights

In Victoria Point, Quiet Listings observed 70 new houses entering the market over the last 30 days, up from 60 during the previous 30-day period, with an average advertised asking price of $1,328,607. The property type mix of listed properties is predominantly Houses at 88%, followed by land (6%), and townhouses (4%). The most active agency for houses in the Victoria Point area is currently Remax, representing 16% of new listings, followed by LJ Hooker with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.