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Location

Market Insights for Morayfield QLD 4506

New Listings (last 30 days)

Average price

$661,667

Lowest price

$500,000

Highest price

$850,000

11 Malbon Street, Morayfield QLD 4506

$635,000

Search Band

$635k - $667k Transparent Based on an openly advertised listing price.

Land

Listed: 27 days ago

Updated: 6 days ago

Overview

This expansive land offering is located within the sought-after Morayfield Landing estate, known for its notably wide streets and generous lot sizes set on gently undulating terrain. The estate's design prioritizes spaciousness and quality, contributing to a welcoming neighborhood ambience.

Noteworthy for families and builders alike, this ready-to-build lot benefits from proximity to the Minimbah State Primary School, conveniently positioned on a portion of the original estate grounds, ensuring ease of access for school-aged children and fostering a community feel.

Significant progress in development phases has seen five of eight stages completed, with nearly 200 lots sold, underscoring the estate's popularity. Stage 5 enhances community lifestyle with a nearly 2-acre parkland featuring a playground, offering residents a recreational hub and green space for relaxation and outdoor activities. This parkland advances the estate towards over 70% completion, signaling a mature and established neighborhood.

The historical sales within the estate further reflect its prestige and market confidence, with high-end homes sold for upwards of $1.1 million, illustrating potential for strong property appreciation and quality home construction. Buyers benefit immediately, with no waiting required for construction or land registration, enabling swift commencement of building with a preferred builder.

This parcel is ideal for those seeking a solid land investment or the foundation for a custom home in a community-oriented environment that balances accessibility, lifestyle amenities, and investment promise.

Local Market Insights

In Morayfield, Quiet Listings observed 3 new parcels of land entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $661,667. The property type mix of listed properties is predominantly Houses at 78%, followed by land (6%), and units (5%). The most active agency for land in the Morayfield area is currently PJ Real Estate, representing 33% of new listings, followed by Opal Property Group Pty Ltd with 33%. 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.