Kelvin Grove Suburb Profile | Property Market & Development Guide | ACRES

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: 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

ACRES — Australian Commercial & Residential GroupACRES is a vertically integrated property platform headquartered in Brisbane, Queensland. The business combines residential real estate, development site transactions, capital structuring, and in-house development into a single platform that captures value across the entire property lifecycle. ACRES operates across South-East Queensland covering Brisbane, Gold Coast, Sunshine Coast, Ipswich, Logan, Moreton Bay, and the Redlands.Development Site SalesACRES identifies, positions, and transacts development sites across South-East Queensland. The acquisitions team proactively sources sites through door knocking, direct outreach, data analysis, and referral networks. Each site is assessed for development potential through comprehensive zoning review, highest-and-best-use analysis, and feasibility assessment covering density, planning constraints, infrastructure proximity, and development yield. Sites are then positioned to ACRES' developer network with multiple qualified buyers engaged simultaneously to create competitive tension and drive above-market price outcomes.Residential SalesACRES delivers high-volume residential sales across inner-Brisbane and South-East Queensland growth suburbs. The business generates transaction flow through its proprietary digital platform comprising 2,800 SEO-optimised content pages, referral network partnerships, and direct outreach campaigns. Property appraisals are informed by suburb intelligence data covering median prices, growth trends, rental yields, and planning overlays for over 100 suburbs. Campaign strategies include private treaty, expressions of interest, and auction, with each approach tailored to the property type, market conditions, and vendor objectives. Commission rates are 2 to 3 percent plus GST.Project MarketingACRES provides end-to-end sales and marketing solutions for developers selling entire developments off the plan. Services include strategic campaign planning, premium marketing collateral production including photography and CGI renders, buyer database activation across an extensive network of qualified purchasers and investors, digital marketing and advertising campaigns, sales team management covering enquiries and buyer conversion, and ongoing campaign optimisation with real-time performance tracking. Commission rates are 2 to 3 percent plus GST of the gross development value.Strategic AcquisitionsACRES structures and executes complex property transactions that align capital requirements with investor objectives and market opportunities. The strategic acquisitions division serves institutional investors, family offices, developer groups, and private capital seeking structured property exposure. Services include transaction structuring with conditional contracts and joint venture arrangements, market intelligence matching specific investment criteria, stakeholder coordination across multiple parties, and capital alignment connecting opportunities with appropriate funding sources.Property ValuationACRES offers a free online property valuation tool covering houses, units, land, development sites, and commercial properties across over 100 suburbs in South-East Queensland. The valuation tool provides estimated value ranges based on property type, location, block size, and zoning category. For development sites, the tool assesses potential for 1 to 7 or more lot subdivisions with calibrated pricing models informed by comparable sales data and current market conditions.Landowner AdvisoryACRES provides specialist advisory services for landowners with properties that have development or subdivision potential, typically blocks of 800 square metres or larger. Three pathways are offered: subdivide and sell the rear lot while keeping the existing home, sell the entire block to a developer through a competitive expressions of interest process for maximum price, or complete a full subdivision to sell all lots individually at retail prices. ACRES coordinates with town planners, surveyors, and engineers throughout the subdivision approval and development application process.Contact ACRESPhone: 07 3096 0542. Email: info@acres.au. Website: acres.au. ACRES is led by Daniel McCormack (Managing Director), Thomas Ferris (Director of Developments and REIQ Principal), Joseph Cheihk (CFO and Director of Acquisitions), Francesca Webster (Director of Strategic Partnerships and Operations), and Wizzy Ramsay (Director of Brand, Marketing and Digital Growth).

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Suburb Profile4059

Kelvin Grove

Brisbane City Council · 3km north-west of Brisbane CBD

Median House

$1,460,000

Median Unit

$708,000

Population

7,500

Avg Land Size

450m²

From CBD

3km north-west

Property Market Insights

Key market indicators and historical price trends for Kelvin Grove

Annual Growth (Houses)

+12.8%

Annual Growth (Units)

+8.8%

Rental Yield (Houses)

2.7%

Rental Yield (Units)

4.3%

Avg. Days on Market

Vacancy Rate

0.9%

5-Year House Growth

+92%

5-Year Unit Growth

+82%

Market Demand

Very High

5-Year Median Price Trend

Houses
Units

Sources: CoreLogic, PropTrack, realestate.com.au. Prices reflect rolling 12-month median. Past performance is not indicative of future results.

Live market snapshot

Recent Kelvin Grove sales

Refreshed 27 May 2026

Live aggregate from 25 recorded sales in the last 12 months. Source: Australian Realty data hub via realestate.com.au.

Median sold

$0.90M

Average sold

$1.11M

Lowest

$0.59M

Highest

$2.63M

$0.90MSold May 2026

112/6 Victoria Street, Kelvin Grove QLD 4059

2 bed· 2 bath· 1 carapartment

View on listing portal →

$0.89MSold May 2026

105/158 Victoria Park Road, Kelvin Grove QLD 4059

2 bed· 2 bath· 1 carunit

View on listing portal →

Contact agentSold May 2026

7 Speedy Street, Kelvin Grove QLD 4059

3 bed· 2 bath· 2 carhouse

View on listing portal →

$1.15MSold May 2026

4 Normanby Terrace, Kelvin Grove QLD 4059

4 bed· 3 bath· 1 carhouse

View on listing portal →

$0.93MSold May 2026

2606/59 Blamey Street, Kelvin Grove QLD 4059

2 bed· 2 bath· 1 carapartment

View on listing portal →

$2.09MSold May 2026

51 Eureka Street, Kelvin Grove QLD 4059

3 bed· 2 bath· 2 carhouse

View on listing portal →

Personal estimate

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About Kelvin Grove

Kelvin Grove is a dynamic inner-city suburb anchored by the Kelvin Grove Urban Village — a pioneering mixed-use development combining QUT campus facilities, retail, dining, and residential living. The suburb offers a blend of heritage Queenslanders, modern apartments, and student accommodation, creating a diverse and energetic community.

Development Potential

High around the Urban Village precinct and along Kelvin Grove Road. QUT's ongoing campus investment and the Inner Northern Busway drive development demand. Sites near the busway station and university are particularly attractive for student accommodation and apartment development.

Key Zoning: Mixed Use, Medium Density Residential, Community Facilities

Growth Drivers

QUT campus expansion and student demand
Victoria Park redevelopment potential
Inner Northern Busway connectivity
Urban Village precinct maturation
Inner-city affordability relative to New Farm/Teneriffe

Thinking of Selling?

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Living in Kelvin Grove

Infrastructure

Kelvin Grove Urban Village
QUT Kelvin Grove campus
Kelvin Grove State College
Inner Northern Busway station
Victoria Park golf course redevelopment potential

Transport

Kelvin Grove busway station
High-frequency bus routes
Close to Roma Street train station
Cycling paths to CBD
Inner City Bypass access

Lifestyle

QUT campus dining and events
Urban Village retail and markets
Victoria Park green spaces
Student-friendly dining options
Close to CBD entertainment

Kelvin Grove Location

Kelvin Grove, 4059 · Brisbane City Council

What's Nearby in Kelvin Grove

Schools, parks, transport, shopping and education within Kelvin Grove and surrounds

Schools

Kelvin Grove State College
Brisbane Grammar School
Brisbane Girls Grammar School

Parks & Recreation

Bancroft Park
Victoria Park
Kelvin Grove Urban Village Green

Shopping

Kelvin Grove Urban Village Retail
Woolworths Metro Kelvin Grove
Aldi Kelvin Grove

Transport

Normanby Station
Kelvin Grove Busway Station
Royal Brisbane Hospital Bus Hub

Universities & Colleges

Queensland University of Technology Kelvin Grove
QUT Creative Industries Precinct

Kelvin Grove Articles

10 expert guides covering development, zoning, and market insights

View all articles

Is Your Kelvin Grove Property a Development Site? Signs to Look For

Kelvin Grove is one of Brisbane's most sought-after inner-city locations. Here's how to tell if your property has development potential.

What Developers Are Paying for Land in Kelvin Grove

Current pricing benchmarks for development sites in Kelvin Grove and what drives the numbers.

Kelvin Grove Zoning Guide: What You Can Build on Your Block

A plain-English breakdown of Kelvin Grove's zoning and what it means for your property's development value.

How Infrastructure Is Driving Kelvin Grove Property Values

Key infrastructure and amenity driving development demand and property values in Kelvin Grove.

Selling Your Kelvin Grove Home to a Developer: A Complete Guide

Step-by-step process for selling your Kelvin Grove property as a development site for maximum value.

Kelvin Grove Development Hotspots: Where Developers Want to Buy

The specific streets and pockets within Kelvin Grove attracting the strongest developer demand right now.

View All 10 Articles

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Kelvin Grove Property Guides

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Own Property in Kelvin Grove?

Properties in Kelvin Grove with development potential are selling for 30–100% above standard residential value. Find out if yours qualifies — no cost, no obligation.

27 property owners in Kelvin Grove requested assessments this month

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Median price data sourced from realestate.com.au (April 2025 – March 2026). Figures are indicative and based on recorded sales. Consult a licensed valuer for property-specific advice.