497-499 Redland Bay RoadCapalaba QLD 4157
Property Details for 497-499 Redland Bay Rd, Capalaba
Last Listing description (December 2025)
Set on an expansive acreage parcel in one of Redland City's most connected locations, this property represents a rare opportunity to secure a private, cleared block with unlimited potential. Positioned high on the land and surrounded by leafy surrounds, it offers the perfect foundation to design and build the lifestyle estate you've always envisioned. The existing cottage provides immediate usabilityideal as a home office, guest retreat, or granny flatwhile also offering scope for renovation, repurposing, or removal to make way for your dream residence (subject to council approval). A prepared pad for a 30m x 10m shed further enhances the options for those seeking substantial storage, workspace, or hobby use.
This property offers the best of both worldsspace, privacy, and tranquility without sacrificing convenience. Within minutes, you'll have access to the shopping, dining, and entertainment precincts of Capalaba and Thornlands, while Brisbane City remains an easy commute. Families will also appreciate the close proximity to Sheldon College, regarded as one of the region's premier private schools, along with other excellent schooling options.
Highlights:
- Elevated position ensuring privacy and natural outlooks
- Existing cottage ideal for office, granny flat, or guest accommodation
- Opportunity to build a bespoke family estate or multi-dwelling arrangement (STCA)
- Cleared pad prepared for a 30m x 10m shed (STCA)
- Peaceful, private, and versatile land with endless potential
- Minutes to Capalaba and Thornlands shopping, dining, and lifestyle hubs
- Easy commute to Brisbane City
- Close to Sheldon College and other quality schools
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
Note: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
Property History for 497-499 Redland Bay Rd, Capalaba, QLD 4157
- 10 Dec 2025Sold for $1,500,000
- 25 Aug 2025Listed for Sale Offers over $1,499,000
- 18 Oct 2016Transferred for $525,000
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About Capalaba 4157
The size of Capalaba is approximately 18.7 square kilometres. It has 42 parks covering nearly 11.2% of total area. The population of Capalaba in 2016 was 17333 people. By 2021 the population was 18002 showing a population growth of 3.9% in the area during that time. The predominant age group in Capalaba is 30-39 years. Households in Capalaba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capalaba work in a trades occupation.In 2021, 72.30% of the homes in Capalaba were owner-occupied compared with 71.40% in 2016.
Capalaba has 8,667 properties. Over the last 5 years, Houses in Capalaba have seen a 98.71% increase in median value, while Units have seen a 117.88% increase. As at 31 December 2025:
- The median value for Houses in Capalaba is $1,053,884 while the median value for Units is $735,099.
- Houses have a median rent of $670 while Units have a median rent of $600.
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