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289 Old Cleveland Road East Road
Capalaba, QLD 4157

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House 3 beds 2 baths 3 cars 1053 m²
Listed: 3 hours ago
Updated: 52 minutes ago
Overview

Set on a prominent 1,053 square metre allotment, this property offers a strategic position in the well-established and rapidly growing precinct of Capalaba. Its excellent exposure along a major arterial road ensures both accessibility and visibility, while being conveniently close to major shopping centres, schools, healthcare facilities, public transport options, and recreational areas. Access to the Brisbane CBD, Cleveland, and the Gateway Motorway is straightforward, making daily commutes or travel hassle-free.

The land is zoned for Medium Density Residential (MDR) use, providing significant opportunities for redevelopment or value-adding projects, subject to local council approvals. This zoning is highly attractive in the context of increasing demand for higher-density housing in South East Queensland, appealing to developers, investors, and land bankers aiming to capitalize on the area's expansion.

Capalaba itself boasts a strong demographic profile supported by sustained population growth and meaningful infrastructure investments. Its role as the commercial and administrative center of Redland City underpins ongoing demand for residential developments.

Further enhancing the site's value is its proximity to planned infrastructure upgrades linked with the Brisbane 2032 Olympic and Paralympic Games. These upgrades promise improved connectivity and economic stimulation, strengthening the fundamental appeal of well-positioned development sites such as this one.

Combining considerable landholding with sought-after zoning and a prime location within a dynamic growth corridor, this property presents an exceptional opportunity for those looking to secure a development-ready site with promising future potential.

Local Market Insights

In Capalaba, Quiet Listings observed 26 new houses entering the market over the last 30 days, up from 18 during the previous 30-day period, with an average advertised asking price of $1,193,000. The property type mix of listed properties is predominantly Houses at 82%, followed by townhouses (12%), and units (3%). LJ Hooker was the most active agency in this area, representing 50.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
289 Old Cleveland Road East Road
Capalaba QLD 4157
Market Insights for Capalaba QLD 4157
New Listings (last 30 days)
26
Average price
$1,193,000
Lowest price
$800,000
Highest price
$2,100,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.