$2.6b ‘Infinity Planet’ Proposal Set to Reshape Property Values Across Northern Moreton Bay

A $2.6 billion proposal for a large-scale tourism and entertainment city at Elimbah is expected to have significant flow-on effects for property values across northern Moreton Bay, with analysts pointing to a mix of upward pressure, increased redevelopment interest, and potential pockets of volatility depending on proximity to the precinct.

Infinity Planet, planned for 68 hectares of farmland beside the Bruce Highway just south of the Steve Irwin Way exit, has now been formally lodged with Moreton Bay City Council. The development aims to attract more than 3 million visitors annually, supported by 700+ hotel rooms, a 9000-seat City Hall venue, theme parks, and a 136,000 sqm retail and dining district.

A Catalyst for Localised Price Growth — But Not Evenly Distributed

Market data from major tourism precincts across South-East Queensland shows that while tourism megaprojects do not automatically guarantee value increases, developments of this scale have historically delivered strong uplift within a 5–12 km radius — provided supporting infrastructure keeps pace.

Key drivers expected to influence Elimbah, Beerburrum, Caboolture and surrounding suburbs include:

1. Employment Density and Population Growth

Infinity Planet forecasts 4670 direct jobs and 1440 indirect positions once operational. For context, historical modelling in SEQ suggests that for every 1,000 long-term jobs created in a new precinct, around 350–500 additional households typically form within 10–15 km.

This points to 1,600–2,300 new dwellings over the medium term, placing upward pressure on both land and established housing throughout the northern corridor.

2. Rural Fringe Becoming Urban Edge

Elimbah currently sits at the interface between Moreton Bay and the Sunshine Coast. Land values here have traditionally been shaped by lifestyle appeal rather than proximity to major employment.

A project attracting over 3 million visitors per year changes that equation, with historical precedents indicating:

• Increased demand from townhouse, mixed-use and short-stay accommodation developers
• Redevelopment pressure on larger rural residential lots
• Value uplift of 30–70% over 5–8 years in comparable regions (e.g., Oxenford, Pimpama) following major tourism precinct investment

3. Transport-Led Premiums Around Elimbah Station

The proposal’s intention to operate as a car-free precinct, funnelling visitors via Elimbah railway station, could reorient value patterns.

Improvements in rail frequency, station amenity or pedestrian connectivity typically drive above-market growth in nearby housing. Petrie experienced similar uplift following investment linked to the University of the Sunshine Coast Moreton Bay campus.

Properties within 0–2 km of Elimbah station may see the strongest upside if rail upgrades materialise.

4. Growth in Commercial and Rental Demand

Infinity Planet positions Moreton Bay as a new tourism–innovation hub. Combined with 300,000 additional room nights per year, the precinct is expected to stimulate demand for:

• short-term rentals
• hospitality and retail space
• commercial leasing near the Bruce Highway

Depending on zoning flexibility, commercial land values could rise 20–40% over five years.

Potential Downsides: Amenity Impacts and Planning Friction

Not all surrounding areas will see uplift. Properties immediately bordering large tourism infrastructure may experience:

• increased noise and event activity
• higher traffic volumes at peak visitation periods
• restrictions on agricultural or rural-use operations

Such amenity trade-offs may soften values within 0–1.5 km of the site boundary, particularly for rural lifestyle properties seeking seclusion.

Market uplift may also be delayed if:

• infrastructure upgrades lag behind staging
• interest rates remain above trend
• the overall development is delivered incrementally rather than as a single opening

Long-Term Outlook: A Structural Shift in Northern Moreton Bay

Moreton Bay is already one of Australia’s fastest-growing regions, and Infinity Planet would accelerate its transition from a commuter belt to a major tourism and employment anchor for Queensland.

If delivered before the 2032 Olympic and Paralympic Games, the project is expected to:

• strengthen the land value corridor from Caboolture → Elimbah → Beerburrum
• increase redevelopment pressure on older housing stock across Caboolture, Caboolture South, Morayfield and Bellmere
• boost demand for premium acreage in Wamuran, Rocksberg and Mount Mee, particularly among professional staff seeking lifestyle living close to a major job centre

Most likely outcome:
✓ Moderate-to-strong residential uplift (10–25%) in established suburbs
✓ Significant uplift (30–60%+) in strategic development parcels and well-located acreage
✓ Localised softening closest to the site where amenity impacts outweigh economic benefits

Conclusion

While Infinity Planet’s headline visitor numbers are significant, it is the project’s expected employment density, transport reliance and long-term redevelopment pressure that will most directly influence property values in northern Moreton Bay.

As with all megaprojects, the winners will be properties best aligned with emerging infrastructure and changing land-use patterns — not simply those closest to the attraction itself.