198 Hawken Drive

Off Market

198 Hawken Drive

St Lucia QLD 4067

759 m²

House

Last sold for $2,300,000

Frank Ham, last sold this property on 11 August 2026 after 5 days on market.

Overview

Prime 759m² St Lucia Landholding - Land Bank or Unlock the Development Potential

Opportunities of this scale and flexibility in St Lucia are becoming increasingly rare. Positioned on a substantial 759m² elevated allotment in one of Brisbane's most tightly held blue-chip suburbs, this property presents an outstanding opportunity for developers, investors, builders and owner-occupiers alike. Unlike a vacant site, the existing four-bedroom, two-bathroom post-war home provides the ability to generate holding income while plans are prepared and approvals pursued, creating valuable flexibility and reducing carrying costs during the development process. Adding further appeal, the neighbouring property has already secured development approval for subdivision into two lots. While buyers should undertake their own investigations and obtain independent advice, this nearby approval provides a compelling indication of the area's development potential and the opportunity to add significant value. Whether your vision is to create a luxury family residence on a generous parcel of land or explore the possibility of a future subdivision this Hawken Drive location makes it close to impossible to over capitalize. This is a property that offers multiple pathways to profit in one of Brisbane's most sought-after locations. Build up and take advantage of the elevated position to potentially capture city glimpses and Mount Coot-tha views, while enjoying the convenience of being just moments from premier schools, the University of Queensland, local shopping and the Brisbane CBD. Why This Opportunity Stands Apart • 759m² elevated allotment in premium St Lucia location • Existing 4-bedroom, 2-bathroom home providing holding income • Potential future subdivision opportunity (STCA) • Neighbouring property has already secured subdivision approval • Opportunity to create additional value through the approval process • Potential city and Mount Coot-tha outlook from an elevated build • Ironside State School and Indooroopilly State High School catchments Unbeatable Location • St Lucia Shopping Centre - approximately 350m • University of Queensland - approximately 800m • Guyatt Park and Brisbane River - approximately 600m • Ironside State School - approximately 1.2km • St Peters Lutheran College - approximately 2km • Toowong Village - approximately 2km • Toowong Train Station - approximately 2km • Indooroopilly Shopping Centre - approximately 3.5km • Brisbane CBD - approximately 5km Rarely does a property offer the combination of immediate usability, future development potential and blue-chip location. Secure the income today, explore the possibilities tomorrow, and position yourself to benefit from one of Brisbane's most consistently high-performing suburbs. NB. All property boundary outlines are indicative only.

Features

4 bedrooms

2 bathrooms

1 carspace

1 garage space

759 m² lot size

House

Estimated Value

Based on this property and similar 4 bedroom houses sold in St Lucia over the last 12 months, the estimated median property value of 198 Hawken Drive is $2.14m.

Median value

$2.14m

Estimated value range

$1.5m - $3.2m

Median days on market

Estimated value trend

-10%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in St Lucia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 198 Hawken Drive

2026

Sold

$2,300,000

11 Aug 2026 by Frank Ham, of Raine & Horne Brisbane West

Happy sellers in St Lucia

88%

88% of sellers in St Lucia reported that their sale price either exceeded or met their price expectations.

St Lucia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in St Lucia over the last 12 months.

Local market activity for 4 bedroom houses in St Lucia

In the last 12 months, 20 four-bedroom houses similar to 198 Hawken Drive, have been sold.

This represents a 29% increase in four-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in St Lucia for a free market appraisal.

Elliott Dean

at Dean Property Team

4.9

(422 reviews)

Get a free market appraisal

Bryan Reed

at Raine & Horne Brisbane West

4.9

(206 reviews)

Get a free market appraisal

Dan Tarlington

at Arthur Conias Real Estate

(36 reviews)

Get a free market appraisal

Mervyn Chen

at Plum Property

4.9

(104 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in St Lucia

Elliott Dean

Elliott Dean is an award winning recommended agent for St Lucia. They have 10 local sales and collected 11 local reviews across the last 12 months.

4.9 (422 reviews)
11 Reviews in St Lucia
10 Sales in St Lucia

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Bryan Reed

Bryan Reed is a recommended agent for St Lucia. They have 5 local sales and collected 3 local reviews across the last 12 months.

4.9 (206 reviews)
3 Reviews in St Lucia
5 Sales in St Lucia

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Dan Tarlington

Sellers who recommend Dan Tarlington have praised them for being local expert

5 (36 reviews)
3 Reviews in St Lucia
4 Sales in St Lucia

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Mervyn Chen

Sellers who recommend Mervyn Chen have praised them for being local expert, clear communication, supportive, honest, dedicated, reliable and well-prepared