FOR SALE
EOI closing 11 September 2024

18 Nestor Drive
Meadowbrook QLD 4131

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 16240m2
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LANDMARK 1.62* HECTARE DEVELOPMENT SITE

- Land area: 1.624ha* (16,240m²*).
- Zone: Centre Zone (District Centre).
- Code assessable building height 25 metres^.
- Designated 'Gateway Site' in the Meadowbrook Master Plan 2016, permitting a potential building height of up to 40 metres^.
- Near level topography allowing for cost efficient development.
- The site has been cleared and decontaminated and is development ready.
- The site is very well suited for a range of development options, including retail, commercial, medical, education, hotel, short stay accommodation, residential, and aged care uses^.
- Critical shortage of residential accommodation in South-East Queensland, with the subject site providing scale to accommodate a number of major residential mixed-use schemes (concept development schemes available).
- Logan is one of the major population growth localities in South-East Queensland, with the projected population to exceed 500,000* by 2036.
Significant co-location attributes:
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Property Details for 18 Nestor Dr, Meadowbrook

Building Type
Commercial
Land Size
16240m2

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About Meadowbrook 4131

The size of Meadowbrook is approximately 5.7 square kilometres. It has 10 parks covering nearly 30.9% of total area. The population of Meadowbrook in 2011 was 3,138 people. By 2016 the population was 3,115 showing a population decline of 0.7% in the area during that time. The predominant age group in Meadowbrook is 20-29 years. Households in Meadowbrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Meadowbrook work in a clerical occupation. In 2011, 56.4% of the homes in Meadowbrook were owner-occupied compared with 58.4% in 2016.

Meadowbrook has 1,468 properties. Over the last 5 years, Houses in Meadowbrook have seen a 78.33% increase in median value, while Units have seen a 95.45% increase. As at 30 September 2024:

  • The median value for Houses in Meadowbrook is $777,516 while the median value for Units is $516,385.
  • Houses have a median rent of $610 while Units have a median rent of $245.
There are currently 12 properties listed for sale, and 12 properties listed for rent in Meadowbrook on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Meadowbrook.

Suburb Insights for Meadowbrook 4131

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Tom Barr
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Matthew Fritzsche
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RWC QLD
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.