4 Priory Street, Indooroopilly, QLD 4068 | House for sale | OnTheHouse
 
FOR SALE
SOLD AT AUCTION BY JOJO WU

4 Priory Street
Indooroopilly QLD 4068

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 405m2
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Ultra Rare Medium Density Small Scale Development Opportunity

A rare small-scale development opportunity ideally positioned just 150 metres from Indooroopilly Shopping Centre.
This tightly held corner site offers enormous upside under its Medium Density Residential zoning, appealing to developers, investors, and astute buyers seeking strong long-term growth. Set on a 405m² corner allotment with a wide 41.10 metre frontage to Priory Street, the property enjoys a leafy, elevated position with views toward the Brisbane River from the Foxton Street frontage. The existing high-ceiling character home features 3 bedrooms, 1 bathroom and single car accommodation, offering immediate liveability or holding income while future plans are explored.
The site's Medium Density Residential zoning allows buyers to capitalise on the increased building height provisions and fully capture the view corridor from the Foxton Street aspect, unlocking the true potential of this blue-chip location. Previously, the site held approval for the demolition of the existing dwelling and construction of two luxury townhomes (approval now lapsed), demonstrating just one of the many premium redevelopment outcomes achievable here. Superbly located within walking distance of Indooroopilly Train Station, leading schools (Indooroopilly State School and Indooroopilly State High School catchments) , and major retail and dining, this address offers the perfect combination of convenience, charm, and development potential.
Additional Features Include:
- 405m² corner allotment with 41.10m frontage to Priory Street
- Medium Density Residential zoning with increased building height potential
- Opportunity to capture the full view corridor from Foxton Street toward the Brisbane River
- Charming 3-bedroom, 1-bathroom high-ceiling character home with single car accommodation
- Previously approved for two luxury townhomes (now lapsed)
- Ideal to hold, renovate, develop, or landbank for future capital growth
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Property Details for 4 Priory St, Indooroopilly

4 Priory St, Indooroopilly is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 405m2. The place is currently for sale with Brisbane Real Estate - Chapel Hill.

Building Type
House
Land Size
405m2
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About Indooroopilly 4068

The size of Indooroopilly is approximately 7.8 square kilometres. It has 31 parks covering nearly 34.9% of 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 6,959 properties. Over the last 5 years, Houses in Indooroopilly have seen a 60.28% increase in median value, while Units have seen a 106.11% increase. As at 31 December 2025:

  • The median value for Houses in Indooroopilly is $1,599,092 while the median value for Units is $934,667.
  • Houses have a median rent of $720 while Units have a median rent of $720.
There are currently 37 properties listed for sale, and 35 properties listed for rent in Indooroopilly on OnTheHouse. According to Cotality's data, 311 properties were sold in the past 12 months in Indooroopilly.

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Jojo Wu
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Mark Smith
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Brisbane Real Estate - Chapel Hill
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