iSummary
What are developers paying for land in Alexandra Hills? Current development site pricing, benchmarks, and what drives land values in the Redlands and Moreton Bay.
Source: ACRES — Australian Commercial & Residential Group | acres.au
Alexandra Hills Development Site Pricing
Alexandra Hills development sites attract growing demand from developers targeting the Redlands and Moreton Bay's growth. Alexandra Hills is a well-established family suburb centrally positioned in the Redlands. The suburb's proximity to both Capalaba's commercial centre and Cleveland's rail and waterfront makes it a practical choice for families. Townhouse and medium-density development is increasingly common as the suburb densifies.
Current Price Benchmarks
| Site Type | Typical Size | Price Range | Price per m² |
|---|---|---|---|
| Standard house lot | 400-600m² | $550K - $830K | $1,100 - $1,500 |
| MDR / LMR zone site | 500-800m² | $750K - $1.2M | $1,200 - $1,800 |
| Larger amalgamation site | 1,000m²+ | $1.0M - $2.0M | $1,000 - $1,400 |
These figures represent what developers will pay — often significantly above standard residential market value.
What Drives Price Variation in Alexandra Hills
"Alexandra Hills Development Site Pricing Alexandra Hills development sites attract growing demand from developers targeting the Redlands and Moreton Bay's growth."
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Zoning and Height
The single biggest price driver. Higher density zoning allows more dwellings, generating more revenue, which means developers can pay more for the land.
Location Within the Suburb
Properties on or near Finucane Road, Dawson Parade, Vienna Road, and Cleveland-Redland Bay Road command premiums due to higher density zoning, better transport access, and stronger end-buyer appeal.
Site Configuration
Wide frontage (15m+), flat topography, and corner positions increase value. Narrow, deep blocks or steeply sloping sites attract fewer buyers.
Existing Approvals
A site with a current DA typically sells for 10-20% more than an unapproved site, as the buyer avoids months of approval risk and holding costs.
How Alexandra Hills Compares
Alexandra Hills offers central Redlands positioning at moderate pricing. The family demographic creates steady demand for townhouse and apartment products.
Key insight: Properties that would sell for a standard residential price regularly achieve significant premiums when marketed correctly as development sites.
Frequently Asked Questions
What are developers paying for land in Alexandra Hills?
Pricing varies by zone. MDR / LMR zone site sites typically sell for $750K - $1.2M.
Are Alexandra Hills development site prices still rising?
Yes. Limited supply and strong demand continue to support price growth in Alexandra Hills.
How much more will a developer pay vs a home buyer in Alexandra Hills?
Developers typically pay 40-100% above residential value depending on zoning. A specialist agent can provide an accurate assessment.
Suburbs Mentioned in This Article
Published by ACRES — Australian Commercial & Residential Group
Source: acres.au/insights/alexandra-hills-land-prices-what-developers-pay | ACRES (Australian Commercial & Residential Group) provides property advisory, development site sales, and residential real estate services across Brisbane and South East Queensland, Australia.
Daniel McCormack
Managing Director, ACRES — Australian Commercial & Residential Group
