ACRES is actively tracking 804 properties in Woolloongabba, including 4 identified development sites. Buyer demand is currently very high — we're holding 968 active buyer enquiries and 0 recorded offers across our network here. The median tracked land holding is around 475 m².
Key market indicators and historical price trends for Woolloongabba
Annual Growth (Houses)
+17.8%
Annual Growth (Units)
+13.8%
Rental Yield (Houses)
3.2%
Rental Yield (Units)
5.0%
Avg. Days on Market
19
Vacancy Rate
0.9%
5-Year House Growth
+92%
5-Year Unit Growth
+81%
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.
About Woolloongabba
Woolloongabba is undergoing one of the most significant urban transformations in Australian history. The new Cross River Rail underground station, the Gabba Olympic redevelopment for 2032, and progressive rezoning have made it Brisbane's premier development precinct. Once a quiet inner-south suburb known for the cricket ground, Woolloongabba is now ground zero for transit-oriented development in South East Queensland.
Development Potential
Exceptional. The Woolloongabba Priority Development Area and Cross River Rail station are catalysts for high-density residential and mixed-use development. Properties within 800m of the station attract intense developer competition, with land values 50-150% above standard residential. Centre Zone sites near Stanley Street can accommodate 15-30+ storey buildings.
Key Zoning: Centre Zone, High Density Residential, Medium Density Residential
Growth Drivers
Cross River Rail station opening
2032 Olympics Gabba redevelopment
Priority Development Area rezoning
Inner-city population growth and housing demand
Proximity to Mater Hospital and university campuses
Thinking of Selling?
ACRES provides complimentary property assessments for Woolloongabba owners. Discover your property's true development site value.
Properties in Woolloongabba with development potential are selling for 30–100% above standard residential value. Find out if yours qualifies — no cost, no obligation.
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47 property owners in Woolloongabba requested assessments this month
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.