34 Payne Street, Indooroopilly, QLD 4068 | House for sale | OnTheHouse
 
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34 Payne Street
Indooroopilly QLD 4068

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 196m2
Land area: 526m2
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Rare 526sqm corner site with LMR2 zoning

Set on an elevated 526sqm corner block in a quiet, leafy street, this post-war home enjoys superb street appeal and a north-east aspect — capturing warm winter sun and cooling summer breezes. Whether you're looking to build new, renovate, or explore development potential, this is a rare opportunity in one of Brisbane's most tightly held suburbs, just 5km from the CBD.
With LMR2 zoning, the property offers exciting potential for a boutique unit or townhouse development (STCA). Alternatively, take advantage of the post-war construction to renovate the existing residence, remove and rebuild a premium new home, or secure the property as a strategic landholding for the future.
Key features:
• Elevated corner block with sweeping views towards Mount Coot-tha
• North-east facing aspect — warm winter sun, cooling summer breezes
• Superb street appeal in a quiet, leafy street
• LMR2 – Low-Medium Density Residential zoning
• Post-war home with previous approval to demolish
• Spacious layout with well-sized bedrooms
• Excellent opportunity for builders, developers and land-bank investors
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Property Details for 34 Payne St, Indooroopilly

34 Payne St, Indooroopilly is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 526m2 and floor size of 196m2. The place is currently for sale with PLUM PROPERTY PTY LTD.

Building Type
House
Floor Size
196m2
Land Size
526m2
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About Indooroopilly 4068

The size of Indooroopilly is approximately 7.8 square kilometres. There are 31 parks, covering nearly 34.9% of the total area. The population of Indooroopilly in 2016 was 12242 people. By 2021 the population was 13622 showing a population growth of 11.3% in the area during that time. The predominant age group in Indooroopilly is 20-29 years. Households in Indooroopilly are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Indooroopilly work in a professional occupation.In 2021, 53.70% of the homes in Indooroopilly were owner-occupied compared with 51.00% in 2016.

Indooroopilly has 6,998 properties. Over the last 5 years, Houses in Indooroopilly have seen a 62.26% increase in median value, while Units have seen a 99.29% increase. As at 31 July 2026:

  • The median value for Houses in Indooroopilly is $2,197,844 while the median value for Units is $981,399.
  • Houses have a median rent of $880 while Units have a median rent of $720.
There are currently 59 properties listed for sale, and 29 properties listed for rent in Indooroopilly on OnTheHouse. According to Cotality's data, 270 properties were sold in the past 12 months in Indooroopilly.

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Tyler Bean
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Valentin Monteils
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PLUM PROPERTY PTY LTD
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