Back 289 Old Cleveland Road East
Off Market

289 Old Cleveland Road East

Capalaba QLD 4157

3
2
1053 m²
House
Stephanie MarshallStephanie Marshall, last sold this property on 14 September 2026 after 67 days on market.

Overview

Prime MDR Development Opportunity - 1,053m² in the Heart of Capalaba Positioned on a prominent 1,053m² allotment, 289 Old Cleveland Road East, Capalaba occupies a highly strategic location within one of Redland City's most established growth precincts. Enjoying excellent exposure along a major arterial road, the property is within easy reach of Capalaba's major shopping centres, schools, medical facilities, public transport, and recreational amenities, while offering convenient access to the Brisbane CBD, Cleveland and the Gateway Motorway. The property is zoned Medium Density Residential (MDR), presenting outstanding potential for future redevelopment or value-add opportunities (subject to Council approval). As demand for higher-density housing continues to increase across South East Queensland, the site's zoning positions it as an attractive prospect for developers, investors and land bankers seeking to capitalise on the area's ongoing growth. Capalaba continues to benefit from sustained population gro

Features

3 bedrooms
2 bathrooms
1053 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Capalaba over the last 12 months, the estimated median property value of 289 Old Cleveland Road East is $1.02m.

Median value
$1.02m
Estimated value range
$800k - $1.64m
Median days on market
15
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Capalaba. 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 289 Old Cleveland Road East

2026
Sold
Undisclosed
Private Sale/Treaty on 14 Sep 2026 by Stephanie Marshall, of Harcourts Property Centre Wellington Point
2026
Sold
Undisclosed
30 Aug 2026 by Stephanie Marshall, of Harcourts Property Centre Coorparoo
2016
Sold
$535,000
07 Feb 2016 by Katharine Waipouri, of Harcourts Property Centre Wellington Point

Happy sellers in Capalaba

92%
92% of sellers in Capalaba reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 82 reviews in Capalaba over the last 12 months.

Local market activity for 3 bedroom houses in Capalaba

In the last 12 months, 87 three-bedroom houses similar to 289 Old Cleveland Road East, have been sold.

This represents a 20% increase in three-bedroom houses sales when compared to the previous 12 months.

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