This result, achieved across 162 transactions, highlights a reinvigorated market buoyed by falling interest rates and rising investor confidence.
Driven by a diverse buyer pool, including returning owner-occupiers, first-time commercial investors, and defensive buyers seeking stable income, the Bayside continues to prove its resilience and long-term appeal.
"The region’s accessible entry price points, proximity to Brisbane, and growing infrastructure pipeline are all contributing to sustained momentum," said Nathan Moore, director of RWC Bayside and local commercial real estate doyen.
Cleveland stood out as the most active precinct this year, generating $129.9 million in sales. Wynnum/Manly followed with $59 million, and Capalaba recorded $45.4 million.
Industrial assets remained the dominant force across all precincts, contributing $114.2 million, or nearly half of total turnover. These assets continue to benefit from low vacancy rates, simple leasing structures, and price points that are attractive to both investors and businesses, typically ranging between $1.5 million and $2 million.
Retail property, though more volatile in recent years, has shown continued strength at the local level. Turnover moderated to $45.3 million in 2024/25, down from its 2021 peak of $207.2 million, yet the Bayside’s neighbourhood shopping strips, showroom-style retail, and service-based tenancies remain well supported by the community.
"Despite national concerns around the impact of e-commerce, the Bayside’s retail market is proving its staying power," Mr Moore said.
Office investment has remained stable, averaging between $20 million and $45 million annually. Within this sector, demand is increasingly focused on properties with medical tenants, which are perceived as more resilient than general office stock. The appeal of healthcare-related assets continues to grow as investors prioritise reliable, long-term income.
While high construction costs have temporarily dampened activity in the development sector, confidence remains underpinned by strong population growth forecasts and significant government infrastructure investment, including Queensland’s $116.8 billion pipeline.
Nathan Moore said the 2024/25 results reflect both national economic tailwinds and Bayside’s local strengths.
“The Bayside is benefiting from its strategic location, growing population, and a wave of infrastructure investment,” Mr Moore said.
Looking ahead, Mr Moore noted the market may face some structural adjustments, particularly with the proposed changes to superannuation tax settings.
"These changes could lead to increased listings as self-managed super fund investors move to reduce their exposure to unrealised capital gains. Industrial and office assets are expected to be among the first impacted by these potential shifts," he said.
Despite this, the broader outlook remains positive. Lower interest rates are likely to intensify buyer competition for income-generating assets, particularly those with secure tenancy profiles. Industrial property is expected to maintain its dominance, driven by affordability, versatility, and low vacancy risk. At the same time, demand for medical tenanted offices is forecast to strengthen further, while development activity is likely to rebound as confidence grows and construction financing becomes more accessible.
“The fundamentals of the Bayside market remain incredibly strong,” Mr Moore said. “While there may be temporary changes in who is buying, the overall investment environment remains underpinned by long-term growth, infrastructure backing, and attractive entry points. It’s a market that continues to evolve, but one that offers enduring value.”
