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Overview
Located in an especially sought-after, prestigious pocket on the border of Grange, this property offers a rare and exciting development opportunity that will appeal primarily to developers or investors seeking maximum growth potential close to Brisbane’s inner north.
The home itself occupies a premium double lot totalling 810m² across two distinct titles, without any character or heritage overlays. This gives you the freedom to remove the original Queenslander dwelling (subject to council approval) and craft a bespoke new project, whether dividing into two separate architect-designed homes or creating a single luxury estate enveloped by quality residences.
The elevated, high-side position boasts a northerly aspect which optimizes natural light and encourages cooling cross-breezes, enhancing the venue’s livability and reducing reliance on mechanical climate control.
- The site’s inclusion within Wilston State School catchment enhances appeal to families wanting good public schooling options nearby.
- Proximity to outdoor amenities such as Kedron Brook Bike Path and Grange Forest Park suits active lifestyles and leisure pursuits.
- With convenient access to transport including Alderley Train Station, plus local shopping hubs at Newmarket and Wilston Village, residents benefit from absolute lifestyle convenience.
This property represents an excellent prospect for purchasers looking to capitalize on inner-city growth trends while enjoying a setting well connected to city conveniences, recreational facilities, and quality schooling. It is ideal for astute buyers planning redevelopment for either comfortable personal occupation or profitable resale.
Local Market Insights
In Alderley, Quiet Listings observed 16 new houses entering the market over the last 30 days, down from 18 during the previous 30-day period, with an average advertised asking price of $1,934,375. The property type mix of listed properties is predominantly Houses at 35%, followed by units (26%), and apartments (17%). The most active agency for houses in the Alderley area is currently Ray White, representing 44% of new listings, followed by Harcourts with 25%. 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
Market Insights for Alderley QLD 4051
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