RateMyAgentGo to search
Back 48 Central Avenue
Off Market

48 Central Avenue

St Lucia QLD 4067

5
2
2
810 m²
House
Vern GilbertVern Gilbert, last sold this property on 26 November 2025 after 20 days on market.

Overview

Prime 810m2 Double Block with So Much Potential

48–50 Central Avenue in St Lucia represents an opportunity to secure a premium landholding in one of Brisbane’s most tightly held suburbs. The 810m² corner double allotment spans two existing titles and carries Brisbane City Council approval to be reconfigured into two freehold lots of approximately 403m² and 407m², each with direct street frontage. The existing high-set chamferboard home offers character and charm with timber floors, VJ walls ands high ceilings. The layout includes five bedrooms, two bathrooms, multiple living and dining areas, a study and extensive storage and utility space under the house. While the residence itself is modest, the property’s true value lies in the land size and reconfiguration potential. Development Approval (Ref: A006062765) was granted on 14 April 2023 to reconfigure the north/south internal property boundary to east/west and demolish the post 1946 rectory extension; the pre-war home to be wholly contained on one allotment, the vacant allotment to be available for development or sale. Council has applied no infrastructure charges for transport, parks, community facilities, or stormwater networks, enhancing the appeal of this property from a development perspective. Sewer and water connections may be subject to Urban Utilities charges, but the key approvals are already in place. The DA will remain current until July 2027. Centrally located, the property is within walking distance of the University of Queensland, Guyatt Park ferry terminal and local bus services, while also close to Toowong Village, Indooroopilly Shopping Centre and the CBD. Falling within the Ironside State School catchment and near several elite private schools, this opportunity allows buyers to either develop two luxury homes in a blue-chip setting or landbank with confidence in a suburb where new land supply is virtually non-existent. Property Summary: - Subdivision Approval: Brisbane City Council approval (Ref: A006062765) into 2 lot reconfigure - Extension can be removed to enable subdivision and the creation of a vacant block, as approved. - Approval Validity: Current until 14 July 2027 - High-set pre-1946 chamferboard home - Five bedrooms, two bathrooms, multiple living areas, study - Timber floors, VJ walls, high ceilings - Lower level with double garage, large utility area, workshop and under croft storage - Check with council for tree protection Location: - Ironside State School (next door) - Indooroopilly State High School - St Peters Lutheran College - Brisbane Boys College - University of Queensland - Hawken Drive restaurants and shops - Indooroopilly Shopping Centre - Toowong Village - Brisbane CBD

Features

5 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
810 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in St Lucia over the last 12 months, the estimated median property value of 48 Central Avenue is $2.56m.

Median value
$2.56m
Estimated value range
$1.82m - $3.77m
Median days on market
29
Estimated value trend
-1%
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 48 Central Avenue

2025
Sold
Undisclosed
26 Nov 2025 by Vern Gilbert, of Plum Property

Happy sellers in St Lucia

84%
84% 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 45 reviews in St Lucia over the last 12 months.

Local market activity for 5 bedroom houses in St Lucia

In the last 12 months, 18 five-bedroom houses similar to 48 Central Avenue, have been sold.

This represents a 54% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

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

placeholder
Elliott Dean

Sellers who recommend Elliott Dean have praised them for being clear communication, local expert, responsive, honest, reliable, supportive and pleasant

  •   4.9   (408 reviews)
  •  20 Reviews in St Lucia
  •  18 Sales in St Lucia
View profile
placeholder
Brett Andreassen

Sellers who recommend Brett Andreassen have praised them for being clear communication, local expert, responsive, reliable, friendly, well-prepared and honest

  •   4.9   (408 reviews)
  •  7 Reviews in St Lucia
  •  10 Sales in St Lucia
View profile
placeholder
Bryan Reed

Bryan Reed is a recommended agent for St Lucia.  They have 7 local sales and collected 7 local reviews across the last 12 months.

  •   4.9   (203 reviews)
  •  7 Reviews in St Lucia
  •  7 Sales in St Lucia
View profile
placeholder
Eddie Singh

Sellers who recommend Eddie Singh have praised them for being local expert, clear communication, responsive, reliable, dedicated, supportive and well-prepared

  •   5   (100 reviews)
  •  6 Reviews in St Lucia
  •  11 Sales in St Lucia
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap