I personally think the cladding would look nice and be the easiest to maintain. We also live on the Gold Coast and have a brick house that has been rendered (not by us) and, to be honest, it is not particularly low maintenance (if you want it to stay looking good that is). It is prone to leaching which leaves ugly stains so regularly needs retouching with the paintbrush. It can also develop small cracks in the render due to temperature change and movement. However, the most worrying thing for us is with regards to termites. If you render over your brick on the lower half of your house, it is highly unlikely you will see the telltale "mud" they leave that indicates they are trying to gain access into your house (they climb up in between the render and the brickwork). I would be trying to keep the exposed bricks in preference to rendering over them, particularly if you have a garden bed up against the house anywhere.

For a cheaper, faster and possibly easier option, take a look at this for some inspiration. The lighter colour of the walls may reflect more light and be a stand out feature of your home. Click on the link and scroll to the image of the polished timber floor with the timber wall and ceiling. Polished timber floors with timber wall paneling

The house is fairly small from the photo but elevated on a basement or garage plinth. If the base is brick, leave it as is. But whatever colour you chose, eliminate contrasts so if, say, a soft French grey, paint the walls, window and door joinery and roof flashing the same colour. A contract could be the new deck rail, but I would even consider painting it the same colour as the basement to link the 2 levels or just the same as the top. A bright glossy front door could break up the monotone.

This is the inside of the house. The bottom photo is the inside of that extension. The House is a Yellowy Creamy colour that is very dated and we want to change to a more neutral off white at a later date. I did think that a white or off white for the outside might look a bit too white and washed out with the white Brick. The Brick does have like charcoal flecks through it. So maybe that colour could be good to coordinate with.