North Harbour Marina, in Burpengary East, is one of the largest waterfront developments currently underway in South East Queensland. Backed by a $2.74 billion masterplan and recently declared a Priority Development Area (PDA) by the Queensland Government, it combines a proposed marina precinct, thousands of new homes, and direct river access - all within commuting distance of both Brisbane and the Sunshine Coast.
For property investors, North Harbour represents something relatively rare: a large-scale, government-backed waterfront community still in its early growth phase. This guide walks through where it sits, what's being built, what the numbers say, and what it costs to invest.
Where North Harbour Marina Sits
North Harbour is located in Burpengary East, within the City of Moreton Bay - directly on the Caboolture River, with frontage extending toward Moreton Bay itself. The site spans more than 420 hectares and includes around 9km of river frontage through the existing community.
Connectivity is one of North Harbour's strongest fundamentals:
- Brisbane CBD: approximately 45 minutes via the M1
- Sunshine Coast: approximately 41 minutes
- Brisbane Airport: approximately 29 minutes
- Port of Brisbane: approximately 45 minutes
- Morayfield town centre: minutes away, with existing shopping, schools, childcare and medical facilities including hospitals
This puts North Harbour squarely within the Brisbane–Sunshine Coast growth corridor - one of the fastest-developing stretches of South East Queensland.
The $2.74 Billion Masterplan, Explained
North Harbour's masterplan is being delivered in stages over roughly 15 years, led by North Harbour Holdings and Trask Land in partnership with the City of Moreton Bay and Economic Development Queensland (EDQ). It includes:
- More than 3,700 new homes, with an initial 200 dwellings fast-tracked through an Early Release Area
- A proposed marina precinct, including 400 wet berths, a dry stacker for around 500 boats, and 511 private pontoons
- A marina village, with neighbourhood retail, cafés, restaurants and public promenades
- A dedicated marine industry and training precinct, covering boatbuilding, repairs and related trades
- Business park and commercial/retail precincts, alongside the residential community
- Riverfront parklands, opening approximately 12km of Caboolture River frontage for public use - expected to be one of South East Queensland's largest publicly accessible waterfront parklands
Importantly, the marina itself is still described as proposed and subject to approval - it has not yet been constructed. The residential community, by contrast, is already established and continuing to release new stages.
What Priority Development Area (PDA) Status Means for Investors
In 2025, the Queensland Government declared North Harbour a Priority Development Area, a planning status that streamlines approvals and reduces red tape for large-scale developments. For investors, this matters for a few reasons:
- Reduced planning risk. PDA status means the development pathway is being led directly by Economic Development Queensland, in partnership with the City of Moreton Bay - not left to a purely private approvals process.
- State-level backing. The declaration was explicitly linked to the Queensland Government's target of delivering one million homes across the state by 2044, meaning North Harbour's progress is tied to a broader state housing strategy, not just one developer's timeline.
- A defined delivery pathway. A formal Development Scheme is being finalised, with community consultation built into the process - giving investors a clearer, government-monitored timeline than an unregulated rezoning would.
None of this guarantees outcomes or timeframes, but it does mean North Harbour's growth story is underpinned by government planning commitments, not just marketing.
The Growth Case for Burpengary East
A few data points worth understanding as part of the investment case:
- Suburb-level growth.
- Burpengary East has recorded strong recent capital growth and sale volumes, reflecting demand well ahead of the marina and jobs precinct being delivered.
- Population growth.
- Burpengary East's population grew substantially between the 2016 and 2021 Census counts, and the broader Moreton Bay region continues to be one of the fastest-growing local government areas in Australia by population.
- State-wide undersupply.
- Queensland has attracted a disproportionate share of Australia's population growth in recent years, while new dwelling completions have lagged demand - a supply-demand imbalance that tends to support capital growth in fast-tracked growth corridors.
- Olympic infrastructure tailwind.
- Brisbane's 2032 Olympic and Paralympic Games are driving a significant state infrastructure program, with flow-on population and investment benefits expected across the Brisbane–Sunshine Coast corridor.
We'd rather flag these directional trends honestly than quote a single growth percentage that may already be out of date by the time you're reading this - ask your Dwyer Property Investments consultant for the most current, verified figures.
Your Investment at North Harbour Marina
House and land packages at North Harbour Marina start from $1.008 million, and are delivered on the same terms that apply across all Dwyer Property Investments estates:
- Fixed-price build contract - the price you're quoted is the price you pay, protecting you from construction cost blowouts
- 3-Year Rental Guarantee - rental income certainty from day one of tenancy
- End-to-end turnkey delivery - from land settlement through to a move-in-ready home, with no separate trades or contracts to manage
- SMSF suitability - packages structured to meet self-managed super fund investment requirements, where applicable to your circumstances
- Reliable build timeframes - consistent delivery schedules backed by DPI's 41+ years of Queensland building experience
As with every Dwyer Property Investments opportunity, we provide cash-flow modelling, depreciation schedules and market research at no cost - because our business is building homes, not charging advisory fees.
Why Work With Dwyer Property Investments
Dwyer Property Investments has been operating in Queensland for more than 41 years, alongside our building arm, Dwyer Quality Homes. We describe ourselves as "builders, not brokers" because that's exactly the difference: our revenue comes from building your home, not from commissions on advice - so the analysis we provide is built around what's right for your investment, not what earns us a fee.
Our Property Investment Specialist, Gerard Condon, works directly with investors considering North Harbour to model the numbers specific to your situation - cash flow, depreciation, rental guarantee terms, and how a North Harbour purchase fits your broader portfolio.
