91 Anderson Drive, Greenbank QLD 4124

Off-market land in Greenbank | 375m² lot | 5G coverage | new development pocket with short tenure patterns This property sits in a recently established pocket of Greenbank where 84% of owner-occupation signals stable demand, and the 375m² lot offers a lower-maintenance entry point into a suburb dominated by larger blocks. The off-market status reduces competition, and the surrounding street shows rapid turnover with no holdings beyond six years, suggesting recent buyers see this area as a transitional hold rather than a long-term family seat. This suits an investor or first home buyer seeking a foothold in a growth corridor with school catchment access and modern infrastructure, where the land component holds more weight than the dwelling itself. The primary risk is the compressed tenure profile—81% of neighbours have owned for under three years, which can produce volatility if multiple listings hit the market simultaneously. Rental comparables show yields around 4%, which is modest for the price point, and the 375m² lot limits future subdivision potential. The opportunity lies in buying below replacement cost in an off-market context and holding through the next development cycle, as Greenbank continues to absorb demand from Brisbane’s south-east corridor. Treat this as a land-hold play with rental income as a secondary benefit.