News Corp Australia Network

Despite record low land availability across Brisbane, land can still be found if you know where to look.

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New subdivisions across Brisbane are set to provide eager buyers reprieve from the city’s current housing and land shortage crisis.

In Taigum on Brisbane’s northside, 36 much-needed blocks of land are available for buyers to own a brand-new home for $800,000. Also on Brisbane’s northside include 13 blocks at Bridgeman Downs and nine lots at McDowall.

Meanwhile, Fig Tree Pocket on Brisbane’s west side offers rare acreage-style land with direct access to undisturbed pockets of nature.

Director of Brisbane-based developer Chapter Two, Jon Quayle, said many people thought the only way to build new homes in Brisbane was to knock down an older one in an expensive inner-city location, but it wasn’t always the case.

“We are currently bringing more than 80 new blocks of land to the market by seeking out smaller subdivisions in established areas and taking a more innovative approach to development,” Mr Quayle said.

Brisbane-based developer Chapter Two is offering more than 80 blocks of land to the market. Picture: Brendan Radke

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“We received approval (in September) for 36 lots at Taigum on a site that was previously planned for townhouses.

“By working closely with the Brisbane City Council, we are creating an opportunity for buyers to secure their own piece of land. Lot sizes at Cordyline Taigum will be around 300 square metres on average, and we expect house and land packages to start from $800,000, which is great value for Brisbane.”

Chapter Two has recently completed a boutique project at Fig Tree Pocket priced at $1.5m and located close to the Brisbane River and in walking distance to leading schools, parklands and equestrian fields.

The inaugural Residential Land Report by digital property settlement firm PEXA and demography analysts Informed Decisions 24,226 vacant land settlements in FY23 in Queensland, down a massive 16.2 per cent annually, the report found, but many key greenfield councils particularly in South East Queensland were below forecast dwelling growth.