Stones Corner at a glance
2,956
People
$1,249,000
Median sale
$649/wk
Median rent
2.70%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
QLD › Stones Corner › Old Cleveland Road Of
For sale
For sale
22
Bedrooms
10
Bathrooms
50
Car spaces
1,452 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
No recorded sale price for this property yet.
Local land rate: recorded House sales in Stones Corner (last 5 years) with land size have a median of $3,084/m² of land (n=7). Districts calculation from recorded sales — not a valuation.
Stones Corner at a glance
2,956
People
$1,249,000
Median sale
$649/wk
Median rent
2.70%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $649/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Stones Corner at a glance
2,956
People
$1,249,000
Median sale
$649/wk
Median rent
2.70%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Altora GlobalPositioned within one of Brisbane’s most tightly held and rapidly transforming inner-city precincts, this fully approved development opportunity delivers the exact fundamentals sophisticated developers actively pursue — scale, approval certainty, income potential and an irreplaceable location just minutes from the CBD.
Opportunities of this calibre in Stones Corner are exceptionally rare. With an impact-assessed Development Approval already secured, the significant planning risk, holding uncertainty and approval timelines have already been removed, allowing the next owner to move directly toward delivery.
Set across approximately 1,452m² of prime inner-city land with prominent frontage to Old Cleveland Road, the site sits within a proven high-demand residential and commercial corridor surrounded by established amenities, transport infrastructure and ongoing urban renewal.
This is not a speculative landholding — this is a shovel-ready development platform in one of Brisbane’s strongest performing infill locations.
Approved Development Metrics (What Developers Care About)
✔ Development Approval for 22 residential units
✔ Approved childcare centre component providing strong income diversification potential
✔ 53 approved car parks supporting both residential and commercial uses
✔ Approx. 1,452m² site area
✔ Impact-assessed approval — significantly reducing planning risk
✔ Mixed-use outcome aligned with council growth strategy
✔ High-exposure arterial road position
✔ Immediate access to transport, retail and lifestyle infrastructure
This approval configuration creates multiple exit strategies — build-to-sell, build-to-rent, staged delivery or hold-and-income models.
Why Developers Are Targeting Stones Corner
Stones Corner continues to experience accelerated redevelopment driven by Brisbane’s population growth and the ongoing migration toward well-located inner-ring suburbs.
Key fundamentals driving feasibility include:
• Minutes to Brisbane CBD
• Strong unit absorption rates across inner-south precincts
• Growing demand for childcare services within high-density catchments
• Established retail and dining precinct nearby
• Major transport connectivity and walkability appeal
• Limited remaining development sites of meaningful scale
Large, approved sites in this location are becoming increasingly scarce as surrounding parcels are consolidated and delivered.
Income + Density Advantage
The inclusion of an approved childcare component introduces a highly attractive commercial element, offering:
• Potential pre-lease opportunity
• Early income stabilisation
• Enhanced project feasibility
• Broader buyer and funding appeal
This dual-use approval is a key differentiator rarely achieved within comparable inner-city sites.
A Rare “De-Risked” Development Opportunity
Most development sites require years of planning, negotiation and approval risk. Here, the heavy lifting has already been completed.
Developers can immediately focus on:
• Design optimisation
• Builder engagement
• Funding structuring
• Pre-sales or leasing strategy
• Accelerated project delivery
In today’s market, time certainty equals profit certainty — making approved projects increasingly sought after by experienced operators.
Investment Summary
This offering represents a strategic acquisition within Brisbane’s expanding inner-south growth corridor — combining approval certainty, diversified income potential and long-term capital upside in a location where future supply is limited.
Serious development opportunities with this approval profile rarely reach the open market.
Expressions of Interest Invited
Full approval documentation, plans and due-diligence materials available upon request.
Contact Altora today to secure the complete developer information pack.
Listing description written by Thomas Dennis, Altora Global — reproduced as published, not verified by Districts.
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