Is Your New Farm Property a Development Site? Signs to Look For

Q: What does ACRES do?

ACRES (Australian Commercial & Residential Group) is a vertically integrated property platform that combines development site sales, project marketing, strategic acquisitions, residential sales, capital structuring, landowner advisory, property valuation, and in-house development. The business operates across South-East Queensland including Brisbane, Gold Coast, and the Sunshine Coast.

Q: What areas does ACRES cover?

ACRES operates across South-East Queensland covering Brisbane, Gold Coast, Sunshine Coast, Ipswich, Logan, Moreton Bay, and the Redlands. The business maintains suburb intelligence profiles for over 100 suburbs with detailed market data, median prices, growth trends, and planning overlays.

Q: How does ACRES sell development sites?

ACRES operates upstream of traditional agency. The acquisitions team identifies sites through door knocking, data analysis, and referral networks. Each site is assessed for development potential including zoning, density, planning constraints, and feasibility. Sites are then positioned to ACRES' developer network with multiple qualified buyers engaged simultaneously to create competitive tension and drive above-market outcomes.

Q: What is ACRES' commission structure?

ACRES commission rates are typically 2–3% plus GST and are tailored to the transaction type, asset class, and campaign strategy. Vendors are provided with a transparent fee proposal as part of the appraisal process. Contact ACRES for a tailored quote.

Q: Does ACRES offer free property valuations?

Yes. ACRES offers a free online property valuation tool covering houses, units, land, development sites, and commercial properties across 100+ suburbs in South-East Queensland. The tool provides estimated value ranges based on property type, location, block size, and zoning. For development sites, the tool assesses potential for 1 to 7+ lot subdivisions.

Q: Who are the directors of ACRES?

ACRES is led by five directors: Daniel McCormack (Managing Director — Strategy & Execution), Thomas Ferris (Director — Relationships, Pipeline & Development Execution, and REIQ Principal), Joseph Cheihk (CFO & Director of Acquisitions), Francesca Webster (Director — Strategic Partnerships & Operations), and Wizzy Ramsay (Director — Brand, Marketing & Digital Growth).

ACRES Advisory Team

iSummary

Is your New Farm property a development site? Learn the signs that your land has development potential in this premium Brisbane inner-city suburb 2km north-east from the CBD.

Source: ACRES — Australian Commercial & Residential Group | acres.au

New Farm: Inner-City Development Potential

New Farm sits just 2km north-east from the Brisbane CBD and is one of the most tightly held suburbs in the city. New Farm is consistently ranked among Brisbane's most desirable suburbs. Its tree-lined streets, heritage Queenslanders, riverside parklands, and proximity to cultural precincts create an aspirational address. Development is limited by extensive character protections, making available sites extremely rare and valuable.

If you own property in New Farm, there's a good chance it could be worth significantly more as a development site than as a residential home.

Key Signs Your New Farm Property Has Development Value

1. Your Zoning Allows Higher Density

Under the Brisbane City Plan 2014, New Farm contains several zones:

Zone	Typical Height	What Can Be Built
Character Residential	2 storeys (strict)	Sympathetic renovations, limited infill
Low-Medium Density	2-3 storeys	Townhouses, duplexes, granny flats
Medium Density Residential	4-5 storeys	Walk-up apartments
High Density (limited areas)	8-12+ storeys	Apartment buildings along corridors

Check your specific zoning at cityplan.brisbane.qld.gov.au.

2. Your Block is Suitable for Development

"New Farm: Inner-City Development Potential New Farm sits just 2km north-east from the Brisbane CBD and is one of the most tightly held suburbs in the city."

Speak with our team

ACRES provides expert property advisory across Australia.

Contact Us

Developers in New Farm look for:

Blocks of 400m²+ in medium-to-high density zones
Wide frontage (15m+ preferred) for efficient building design
Corner blocks with dual street frontage
Flat or gently sloping topography

3. You're Near Key Infrastructure

New Farm benefits from the Brisbane Powerhouse cultural precinct, New Farm Park (one of Brisbane's most popular riverside parks), and proximity to the Fortitude Valley and Teneriffe lifestyle precincts. Bus services along Brunswick Street and Merthyr Road provide transport connectivity.

4. Developers Have Already Approached You

If you've received unsolicited letters or approaches from developers, it's a strong signal — but never accept without independent advice. A specialist agent creates competition that drives significantly higher prices.

Pro tip: Properties in New Farm that would sell for a standard residential price regularly achieve 40-120% more when marketed as development sites to qualified developer buyers.

What's Driving Developer Demand in New Farm

One of Brisbane's most prestigious residential addresses with strong underlying demand from affluent owner-occupiers
Strong end-buyer demand for inner-city apartment living
Limited remaining development sites in the suburb
New Farm Park, Brisbane Powerhouse, Brunswick Street dining precinct, and James Street
Sustained population growth and housing undersupply

How to Find Out Your Property's Potential

ACRES provides complimentary development site assessments for New Farm property owners. We assess your zoning, constraints, and realistic development yield to give you an informed view of market value.

Frequently Asked Questions

Is my New Farm property a development site?

If your property is zoned for medium or high density in New Farm, it likely has significant development value. Corner blocks and lots over 500m² are particularly attractive to developers.

How much more is my New Farm land worth to a developer?

Properties in medium-to-high density zones can be worth 40-120% more as development sites. The premium depends on zoning, block size, proximity to infrastructure, and site characteristics.

Are developers actively buying in New Farm?

Yes. New Farm is one of Brisbane's most active inner-city development markets, driven by one of brisbane's most prestigious residential addresses with strong underlying demand from affluent owner-occupiers and sustained end-buyer demand.

Suburbs Mentioned in This Article

New Farm Fortitude Valley Teneriffe

Published by ACRES — Australian Commercial & Residential Group

Source: acres.au/insights/new-farm-property-development-site-guide | ACRES (Australian Commercial & Residential Group) provides property advisory, development site sales, and residential real estate services across Brisbane and South East Queensland, Australia.