Federal Budget 2026: what it means for you in the property market

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The trends, features 
and suburbs defining 
luxury in 2026

Property main details

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Home For Sale

CONTACT AGENT!!
  • House

Specifications

  • Property Type
    House
  • Land
    4.23 ha

Exclusive Offering - Rarely Available, Highly Sought After

Welcome to one of Brisbane's last remaining infill acreage development opportunities in the tightly held suburb of Forest Lake.

Positioned within an established residential catchment just 18km* from the Brisbane CBD, this rare 4-lot land assembly offers scale, zoning potential, and immediate proximity to key infrastructure - making it ideally suited for subdivision, townhouse development, or masterplanned residential outcomes (STCA).

Site Breakdown (Individual Lots)
• 71 Greentree Crescent
Approx. 10,170m² (1.02ha)

• 81 Greentree Crescent
Approx. 10,450m² (1.04ha)

• 91 Greentree Crescent
Approx. 10,470m² (1.05ha)

• 40 Greentree Crescent
Approx. 11,240m² (1.12ha)

Total Land Holding
Combined Site Area:
42,330m² (4.23 hectares)

A contiguous landholding of this scale in an established suburb is exceptionally rare and highly attractive for medium-density or staged Residential Development.

Zoning & Development Context
• Located within Brisbane City Council jurisdiction
• Current use: Residential / Acreage Residential Holdings
• Area identified as a "last remaining acreage enclave" with development potential

Likely Planning Outcomes (STCA):
• Low-medium density residential subdivision
• Townhouse / Terrace Housing
• Boutique masterplanned community

Planning Overlays (Indicative)
• Flood overlays present (creek/waterway & overland flow)
• Bushfire overlays present (various hazard levels)
• No heritage constraints identified

These overlays are typical for large infill sites and can be managed through design, engineering and planning pathways.

Location & Connectivity
Strategically positioned with strong transport links:
• Easy access to Centenary Highway & Logan Motorway
• Bus connectivity to Brisbane CBD (routes via Forest Lake)
• Close to Richlands railway station for rail access

Education Catchment
Within proximity to:
• Forest Lake State School
• Forest Lake State High School
• Grand Avenue State School
• St John's Anglican College

Retail & Lifestyle Amenities
Lifestyle appeal includes:
• Minutes to Forest Lake Shopping Centre
• Short drive to Indooroopilly Shopping Centre
• Nearby dining, medical, and community services
• Lakes, parklands, walking trails
• Established family-oriented community

Investment Highlights:
• 4.23ha consolidated landholding*
• Located in a fully developed suburb (infill opportunity)
• Strong population growth corridor (South-West Brisbane)
• Immediate access to transport, schools, retail
• Existing dwellings provide holding income potential
• Identified future development upside (STCA)

This is a once-in-a-generation opportunity to secure a scale land assembly in a built-out Brisbane suburb, where future supply is constrained and demand for new housing continues to grow.

Whether delivered as a boutique subdivision or medium-density project, Greentree Crescent represents a highly strategic acquisition with long-term upside.

*DISCLAIMER* Whilst every care is taken in the preparation of the information contained in this marketing. Ray White Forest Lake will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

Get in touch

We'd love to hear from you

If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

40, 71, 81, 91 Greentree Crescent Forest Lake 4078, Queensland
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