Back 28 Alderwood Street
Off Market

28 Alderwood Street

Acacia Ridge QLD 4110

3
1
2
678 m²
House
Last sold for $1,011,000
Bevin PowellBevin Powell, last sold this property on 17 October 2025 after 22 days on market.

Overview

Prime LMR Opportunity - 678m² Allotment

Attention investors and developers! Positioned on a level 678m² LMR2 allotment (Low-Medium Residential - 2-3 storey mix), this well-maintained post-war home offers endless potential for redevelopment, land banking, or continued rental income. The existing residence is structurally solid and currently tenanted, providing holding income while you plan your next move. Inside, the home features three generous bedrooms (two with built-ins), a functional gas kitchen flowing into the open-plan living and dining area, and French doors that open to the front patio with a leafy outlook. Downstairs offers a double garage, laundry, and an abundance of secure storage space. Key features: • 678m² flat, fully fenced allotment • LMR2 zoning - redevelopment potential (STCA) • Stable tenants in place • Hardwood floors & ceiling fans • Expansive backyard • Water tank Location highlights: • Walk to Acacia Ridge State School & Lady Fatima Primary • Stroll to Elizabeth Street shops and Acacia Marketplace • Close to bus routes servicing Brisbane CBD, Garden City & Inala Plaza • This is a rare chance to secure a flat LMR site with holding income in one of Brisbane's growth suburbs.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
678 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Acacia Ridge over the last 12 months, the estimated median property value of 28 Alderwood Street is $920k.

Median value
$920k
Estimated value range
$685k - $1.73m
Median days on market
23
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Acacia Ridge. 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 28 Alderwood Street

2025
Sold
$1,011,000
17 Oct 2025 by Bevin Powell, of Ray White Annerley
2022
Rented
Undisclosed
Leased on 25 Jul 2022 by Ray White Sherwood | Ray White Centenary
2020
Rented
Undisclosed
Leased on 13 Mar 2020 by Ray White Sherwood | Ray White Centenary

Happy sellers in Acacia Ridge

90%
90% of sellers in Acacia Ridge reported that their sale price either exceeded or met their price expectations.

Acacia Ridge stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 37 reviews in Acacia Ridge over the last 12 months.

Local market activity for 3 bedroom houses in Acacia Ridge

In the last 12 months, 67 three-bedroom houses similar to 28 Alderwood Street, have been sold.

This represents a 26% increase in three-bedroom houses sales when compared to the previous 12 months.

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