141-lot approved subdivision sold to Ausbuild as demand builds for residential land across Brisbane’s southern corridor
A 13.9-hectare development site in Chambers Flat has sold for $40 million in an off-market deal, marking the largest residential land transaction in Brisbane’s southern growth corridor this year.
JLL’s Queensland Land team, Liam Petersen and Jake Burrowes, negotiated the sale of 293–343 Holloway Road, 75–97 Sungold Road and 22–32 Andrews Court, Chambers Flat on behalf of Avon Capital Estates Australia. The site was purchased by residential developer Ausbuild.
The property was sold with development approval in place for a 141-lot subdivision and achieved a rate of $287.26 per square metre, or approximately $283,688 per approved lot.
Mr Petersen said the result highlighted continued momentum in Brisbane’s residential land sector.
“The southern corridor has emerged as one of the most tightly held and high-performing growth areas,” he said.
“The transaction reflects the extraordinary population growth and undersupply of residential land, with developers moving quickly to secure shovel-ready projects that can help address housing needs.”
Mr Burrowes said the acquisition positions Ausbuild to deliver much-needed housing stock in a market defined by strong demand and limited supply.
“The site is ideally placed for immediate development, with approvals in place and the land already cleared,” he said.
“Investor activity is intensifying across South East Queensland as developers compete for scarce, development-ready residential land.”
Located within the Emerging Community zone under the Logan City Council planning scheme, the site benefits from close proximity to key infrastructure and amenities, making it well suited to a master-planned community.
According to the Australian Bureau of Statistics, Chambers Flat’s population has increased by more than 83 per cent since the 2021 Census, while the median house price has risen 75.8 per cent to $1.19 million, underscoring sustained buyer demand and escalating property values in the region.
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