Norman Park 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).

Suburb Profile4170

Norman Park

Brisbane City Council · 4km south-east of Brisbane CBD

Median House

$1,700,000

Median Unit

$750,000

Population

7,357

Avg Land Size

550m²

From CBD

4km south-east

Property Market Insights

Key market indicators and historical price trends for Norman Park

Annual Growth (Houses)

+12.5%

Annual Growth (Units)

+9.1%

Rental Yield (Houses)

3.1%

Rental Yield (Units)

4.3%

Avg. Days on Market

Vacancy Rate

1.0%

5-Year House Growth

+82%

5-Year Unit Growth

+72%

Market Demand

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 Norman Park sales

Refreshed 27 May 2026

Live aggregate from 22 recorded sales in the last 12 months. Source: Australian Realty data hub via realestate.com.au.

Median sold

$1.61M

Average sold

$2.03M

Lowest

$0.83M

Highest

$5.80M

$1.05MSold May 2026

8/51 Railway Parade, Norman Park QLD 4170

3 bed· 2 bath· 2 cartownhouse

View on listing portal →

Contact agentSold May 2026

18 Hipwood Street, Norman Park QLD 4170

4 bed· 2 bath· 1 carhouse

View on listing portal →

$1.96MSold May 2026

77 Thackeray Street, Norman Park QLD 4170

4 bed· 2 bath· 2 carhouse

View on listing portal →

Contact agentSold May 2026

6/45 McIlwraith Avenue, Norman Park QLD 4170

2 bed· 1 bath· 1 carapartment

View on listing portal →

Contact agentSold May 2026

164 McIlwraith Avenue, Norman Park QLD 4170

2 bed· 1 bath· 3 carhouse

View on listing portal →

$5.80MSold Apr 2026

17 Bodalla Street, Norman Park QLD 4170

5 bed· 4 bath· 4 carhouse

View on listing portal →

Personal estimate

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About Norman Park

Norman Park is a well-established inner-east suburb offering a village feel with its own train station and a quiet, family-friendly atmosphere. The suburb features heritage Queenslanders on generous blocks, excellent schools, and proximity to the Coorparoo Square development. Its position between the CBD and Morningside makes it popular with families seeking inner-city access without the intensity.

Development Potential

Moderate. Norman Park's character overlays and family-oriented demographics mean development is primarily townhouse and small-scale infill. Larger blocks near the train station and along Wynnum Road offer medium-density opportunity.

Key Zoning: Character Residential, Low-Medium Density, Medium Density Residential

Growth Drivers

Train station driving property values
Family demographic demand
Inner-east school catchment
Character home renovation market
Coorparoo Square activation nearby

Thinking of Selling?

ACRES provides complimentary property assessments for Norman Park owners. Discover your property's true development site value.

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Living in Norman Park

Infrastructure

Norman Park train station
Near Coorparoo Square
Norman Park State School
Churchie nearby
Seven Hills Bushland Reserve

Transport

Norman Park train station
Bus routes on Wynnum Road
Cycling paths
Easy access to Gateway Motorway
Close to CBD via train

Lifestyle

Quiet family-friendly streets
Heritage Queenslander homes
Local parks and reserves
Close to Coorparoo dining
Community-oriented neighbourhood

Norman Park Location

Norman Park, 4170 · Brisbane City Council

What's Nearby in Norman Park

Schools, parks, transport, shopping and education within Norman Park and surrounds

Schools

Norman Park State School
Churchie
Lourdes Hill College

Parks & Recreation

Norman Park
Hawthorne Park
Seven Hills Bushland Reserve

Shopping

Hawthorne Road Dining
Woolworths Morningside

Transport

Norman Park Station
Morningside Station
Hawthorne Ferry Terminal

Norman Park Articles

10 expert guides covering development, zoning, and market insights

View all articles

Is Your Norman Park Property a Development Site? Signs to Look For

Norman Park is attracting growing developer interest. Here's how to tell if your property has development potential.

What Developers Are Paying for Land in Norman Park

Current pricing benchmarks for development sites in Norman Park and the factors driving land values.

Norman Park Zoning Guide: What You Can Build on Your Block

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

How Infrastructure Is Driving Norman Park Property Values

Key infrastructure and amenity driving development demand and property values in Norman Park.

Selling Your Norman Park Home to a Developer: A Complete Guide

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

Norman Park Development Hotspots: Where Developers Want to Buy

The specific streets and pockets within Norman Park attracting the strongest developer demand.

View All 10 Articles

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Own Property in Norman Park?

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

24 property owners in Norman Park 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.