iSummary
What are developers paying for land in Springwood? Current development site pricing, benchmarks, and what drives land values in Logan and South East Queensland.
Source: ACRES — Australian Commercial & Residential Group | acres.au
Springwood Development Site Pricing
Springwood development sites attract growing demand from developers targeting Logan and South East Queensland's growth. Springwood is Logan's premier suburban centre and the gateway between Brisbane and Logan. The established commercial precinct, bus transit station, and M1 access create a suburban hub with genuine mixed-use development potential. As Brisbane's southern corridor densifies, Springwood's positioning makes it Logan's strongest candidate for urban intensification.
Current Price Benchmarks
| Site Type | Typical Size | Price Range | Price per m² |
|---|---|---|---|
| Standard house (LMR) | 400-600m² | $500K - $750K | $1,000 - $1,400 |
| MDR zone site | 500-800m² | $700K - $1.2M | $1,200 - $1,800 |
| Centre zone | 800m²+ | $1.2M - $3.0M+ | $1,500 - $2,500 |
These figures represent what developers will pay — often significantly above standard residential market value.
What Drives Price Variation in Springwood
"Springwood Development Site Pricing Springwood development sites attract growing demand from developers targeting Logan and South East Queensland'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 Springwood Road, Cinderella Drive, Dennis Road, and Rochedale 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 Springwood Compares
Springwood offers Logan's most mature suburban centre with the strongest development site demand. Pricing is significantly more affordable than Brisbane equivalents while benefiting from the same M1 corridor connectivity.
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 Springwood?
Pricing varies by zone. MDR zone site sites typically sell for $700K - $1.2M.
Are Springwood development site prices still rising?
Yes. Limited supply and strong demand continue to support price growth in Springwood.
How much more will a developer pay vs a home buyer in Springwood?
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/springwood-logan-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.
