first_img11 Baywalk Place, Thorneside. Picture: realestate.com.auThe five-bedroom home is listed through Justin Marsden of Ray White – East Brisbane.It has multiple living areas, a media room and outdoor living spaces plus a swimming pool.The kitchen has stone bench tops and a butlers pantry.At the more affordable end of the market was a home at 228 Hardwood Drive, Mount Cotton. The home is listed for offers of more than $519,000 through Melinda Lee-Ball of Belle Property Cornubia. One of the bathrooms at 285 Main Rd, Wellington Point. Picture: realestate.com.auMore from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North3 hours agoNew apartments released at idyllic retirement community Samford Grove Presented by Mr Ranasinghe bought property in Redlands about 25 years ago and had seen the area change significantly since then.He built a family home and subdivided the remaining land. He said he wouldn’t have spent so much on building the new homes which have water views and an elevator if he didn’t have confidence in the Redlands market.Steve Ash of LJ Hooker Cleveland said there had been an increase in interest in the area with buyers attracted to the bayside lifestyle. “And we are starting to see a bit of an influx from Sydney and Melbourne,’’ Mr Ash said.At Thorneside, a home at 11 Baywalk Place is listed for $1.145 million. 285 Main Rd, Wellington Point. Picture: realestate.com.auThe Redlands region has delivered some strong results for homeowners in recent months.New data revealed it is the region where more homes sell for a profit than any other greater Brisbane council area, and where property values over the longer term have continued to grow.CoreLogic figures reveal that the median house price has increased 11.5 per cent in the past three years while the median unit price increased by 12.5 per cent during the same time.The latest Pain and Gain report found that 94.6 per cent of sellers in Redlands in the June quarter achieved more than they initially paid for their property.Redland resident Wasantha Ranasinghe believed in the strength of the local market so much he has developed two luxury properties at 285 Main Rd, Wellington Point, which he has listed for sale.center_img 228 Hardwood Drive, Mount CottonThe four-bedroom home has two separate living areas and a covered entertainment space outdoors.last_img read more