198 Hawken Drive, St Lucia, QLD 4067 | House for sale | OnTheHouse
FOR SALE
For Sale

198 Hawken Drive
St Lucia QLD 4067

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 759m2
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Prime 759m² St Lucia Landholding - Land Bank or Unlock the Development Potential

Opportunities of this scale and flexibility in St Lucia are becoming increasingly rare.
Positioned on a substantial 759m² elevated allotment in one of Brisbane's most tightly held blue-chip suburbs, this property presents an outstanding opportunity for developers, investors, builders and owner-occupiers alike.
Unlike a vacant site, the existing four-bedroom, two-bathroom post-war home provides the ability to generate holding income while plans are prepared and approvals pursued, creating valuable flexibility and reducing carrying costs during the development process.
Adding further appeal, the neighbouring property has already secured development approval for subdivision into two lots. While buyers should undertake their own investigations and obtain independent advice, this nearby approval provides a compelling indication of the area's development potential and the opportunity to add significant value.
Whether your vision is to create a luxury family residence on a generous parcel of land or explore the possibility of a future subdivision this Hawken Drive location makes it close to impossible to over capitalize. This is a property that offers multiple pathways to profit in one of Brisbane's most sought-after locations.
Build up and take advantage of the elevated position to potentially capture city glimpses and Mount Coot-tha views, while enjoying the convenience of being just moments from premier schools, the University of Queensland, local shopping and the Brisbane CBD.
Why This Opportunity Stands Apart
• 759m² elevated allotment in premium St Lucia location
• Existing 4-bedroom, 2-bathroom home providing holding income
• Potential future subdivision opportunity (STCA)
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Property Details for 198 Hawken Dr, St Lucia

198 Hawken Dr, St Lucia is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 759m2. The place is currently for sale with Raine & Horne Brisbane West.

Building Type
House
Land Size
759m2
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About St Lucia 4067

The size of St Lucia is approximately 4.6 square kilometres. There are 36 parks, covering nearly 19.4% of the total area. The population of St Lucia in 2016 was 12574 people. By 2021 the population was 12220 showing a population decline of 2.8% in the area during that time. The predominant age group in St Lucia is 20-29 years. Households in St Lucia are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in St Lucia work in a professional occupation.In 2021, 44.40% of the homes in St Lucia were owner-occupied compared with 41.60% in 2016.

St Lucia has 5,606 properties. Over the last 5 years, Houses in St Lucia have seen a 40.08% increase in median value, while Units have seen a 89.01% increase. As at 31 July 2026:

  • The median value for Houses in St Lucia is $2,340,362 while the median value for Units is $999,674.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 42 properties listed for sale, and 34 properties listed for rent in St lucia on OnTheHouse. According to Cotality's data, 232 properties were sold in the past 12 months in St lucia.

Suburb Insights for St Lucia 4067

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Frank Ham
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Thomas Ham
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Raine & Horne Brisbane West
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.