Markwell Place Comparative Market Analysis

Property: 313–317 Markwell Road, Caboolture QLD 4510
Development Approval: DA/2025/3670 (1 into 5 lots)
Date: 7 April 2026

Comparative Market Analysis

This Comparative Market Analysis (CMA) provides an indicative overview of the proposed lots at 313–317 Markwell Road, Caboolture, following the approved 1 into 5 lot subdivision.

Positioned within the growing Caboolture–Elimbah corridor, this development offers a limited release of lifestyle lots ranging from 3,000m² through to 6,030m², including one lot with an existing dwelling. The project is designed to appeal to buyers seeking more space, flexibility and lifestyle, while still remaining connected to the convenience of Caboolture and the broader Moreton Bay region.

A key point of difference within this release is Lot 1, which not only includes the existing dwelling, but also presents future upside potential. Based on the current City of Moreton Bay Planning Scheme, Lot 1 has the capacity to be further divided into two lots in the future, subject to council approval, infrastructure and servicing requirements, detailed design, and all other relevant investigations and approvals at the time. That additional potential materially strengthens its appeal compared with a standard lifestyle holding and supports a stronger price position within the overall release.

Snapshot

• Original site: 20,860m²
• Approved subdivision: 1 into 5 lots
• Location: 313–317 Markwell Road, Caboolture QLD 4510
• Approval: Approved subject to conditions of Decision Notice DA/2025/3670
• Offering: Lifestyle lots from 3,000m² to 6,030m², including one lot with an existing dwelling
• Special upside: Lot 1 appears capable of future further subdivision under the current City of Moreton Bay Planning Scheme, subject to all necessary approvals and requirements

Approved Lot Schedule

Lot 1 – 6,030m² with existing dwelling

Lot 1 is the premium offering within this release. It combines a substantial landholding with an existing dwelling, creating immediate lifestyle appeal for buyers wanting space, usability and a more established holding.

Importantly, Lot 1 also benefits from potential future upside. Under the current City of Moreton Bay Planning Scheme, the lot has the capacity to be further divided into two in the future, subject to council approval, infrastructure and servicing requirements, design outcomes, and all other relevant requirements. While that future outcome is not automatic and would require its own separate assessment and approvals process, the planning alignment materially enhances the lot’s long-term appeal and supports a premium position within this release.

For that reason, Lot 1 should be viewed not only as a premium lifestyle property, but also as a holding with meaningful long-term potential.

Indicative CMA range: $1.42 million – $1.62 million
Upper-end target: Up to approximately $1.70 million

Lot 2 – 3,000m²

Lot 2 represents an appealing entry point into the development, offering the increasingly sought-after balance of space, usability and manageable acreage.

Indicative CMA range: $720,000 – $790,000
Upper-end target: Up to approximately $820,000

Lot 3 – 3,000m²

Lot 3 offers similar appeal to Lot 2 and is expected to suit buyers looking for a quality acreage homesite within a tightly held and increasingly popular growth corridor.

Indicative CMA range: $710,000 – $780,000
Upper-end target: Up to approximately $810,000

Lot 4 – 3,730m²

With its larger size, Lot 4 is expected to command a premium over the 3,000m² lots and should appeal to buyers wanting additional room for sheds, outdoor living, storage, or a more generous building envelope.

Indicative CMA range: $820,000 – $910,000
Upper-end target: Up to approximately $960,000

Lot 5 – 5,100m²

Lot 5 is one of the premium vacant lots in the release, offering a larger landholding and stronger scarcity appeal for buyers wanting a substantial lifestyle block.

Indicative CMA range: $950,000 – $1.06 million
Upper-end target: Up to approximately $1.12 million

Indicative Pricing Summary

Lot	Area	Indicative range	Upper-end target
Lot 1	6,030m² + existing dwelling	$1.42m – $1.62m	Up to ~$1.70m
Lot 2	3,000m²	$720k – $790k	Up to ~$820k
Lot 3	3,000m²	$710k – $780k	Up to ~$810k
Lot 4	3,730m²	$820k – $910k	Up to ~$960k
Lot 5	5,100m²	$950k – $1.06m	Up to ~$1.12m

Market Context

The Caboolture–Elimbah corridor has continued to demonstrate positive momentum in the lifestyle acreage market. Recent sales evidence for 3,000m² to 3,300m² blocks shows a clear uplift from 2024 and early 2025 pricing, with premium late-2025 Elimbah sales reaching into the mid-$800,000s for well-positioned 3,000m² lots. This supports a stronger pricing position for quality lifestyle land in this corridor and underpins the indicative ranges adopted for this development.

Comparable sales referenced in the underlying CMA include a mix of Caboolture and Elimbah acreage-style lots, reinforcing the strength of demand for land in this size bracket and helping support the stepped pricing between the standard 3,000m² lots, the larger vacant lots, and the premium improved holding represented by Lot 1.

Buyer Positioning

This release offers buyers a choice of lot sizes, from accessible 3,000m² homesites through to larger premium holdings above 5,000m².

Within that mix, the 3,000m² lots are expected to appeal to a broad buyer market, while the larger lots offer stronger scarcity value. Lot 1 sits in a premium category of its own, combining immediate lifestyle appeal with planning-supported longer-term upside, subject to future approvals.

Important Note

This document is a Comparative Market Analysis only. It is intended as a general guide to likely market positioning and indicative price ranges. It is not a formal valuation and should not be relied upon for lending, statutory or taxation purposes.

Any reference to future subdivision or further development potential is indicative only. While Lot 1 appears to fit within the current City of Moreton Bay Planning Scheme for potential further subdivision, any such outcome remains subject to separate assessment, council approval, infrastructure and servicing requirements, planning controls, operational requirements, and all other relevant approvals and constraints at the time. No warranty or representation is made that any future subdivision outcome will be achieved.

Final sale prices may vary depending on market conditions, presentation, titling and registration timing, buyer demand, and any other factors relevant at the time.