10-12 Colburn Street, Cleveland, QLD 4163 sold on 09 June 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 09 Jun 2026 for $1,795,000

10-12 Colburn Street
Cleveland QLD 4163

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1220m2
Save

Property Details for 10-12 Colburn St, Cleveland

Building Type
Land
Land Size
1220m2

Last Listing description (June 2026)

Large development parcels in Cleveland are becoming increasingly difficult to secure, particularly in established residential pockets close to essential amenities and bayside conveniences.

Set on an expansive 1220m² allotment with an approximate 30-metre frontage, this property presents a compelling opportunity for developers, builders, investors and land-bank buyers seeking a site with flexibility, scale and future upside.

The property offers scope for a variety of development outcomes, including the potential for a 3-lot subdivision of approximately 406m² per lot, or alternatively a 2-lot configuration with varying allotment sizes, all subject to council approval (STCA).

There is an existing dwelling currently on site, however the property is being offered as a development opportunity with the underlying value firmly in the land and its future potential. The existing home is currently habitable, providing purchasers with the option to generate rental income or occupy the property while finalising future development plans and approvals.

A Site with Genuine Flexibility:
The size and frontage of the allotment create multiple possibilities for buyers looking to capitalise on Cleveland's ongoing demand for new housing and quality land supply. Whether the strategy is subdivision, redevelopment, resale or a longer-term hold, the site provides the scale and positioning to explore a range of options.

Key Features
• Expansive 1220m² allotment
• Approximate 30-metre frontage
• Existing dwelling currently on site
• Potential for 3 lots STCA
• Potential 2-lot subdivision configuration
• Quiet, established Cleveland location
• Strong surrounding owner-occupier market
• Convenient access to schools, transport, shopping and waterfront amenities

Why Cleveland Continues to Perform:
Cleveland remains one of the Redlands Coast's most tightly held suburbs, attracting consistent demand from families, downsizers, professionals and investors seeking lifestyle-oriented living with strong infrastructure already in place.

The appeal of established bayside suburbs continues to support demand for newly built homes, particularly on low-maintenance allotments within convenient residential locations.

Opportunities to secure sizeable landholdings in Cleveland are becoming increasingly limited. For developers and project buyers searching for their next acquisition, this property warrants serious consideration.

Undertake your due diligence. Assess the potential. Secure a prime Cleveland site.

DISCLAIMER: In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. All information is provided as a convenience to clients.

Property History for 10-12 Colburn St, Cleveland, QLD 4163

A timeline of how this property has performed in the market
Last Sold
$1,795,000
09 Jun 2026
  • 09 Jun 2026
    Sold for $1,795,000
  • 26 May 2026
    Listed for Sale SOLD by Caple Properties!
  • 29 Sep 2024
    Sold for $1,400,000
Sign in to see more transactions
Commute Calculator

About Cleveland 4163

The size of Cleveland is approximately 11.7 square kilometres. There are 55 parks, covering nearly 19.2% of the total area. The population of Cleveland in 2016 was 14801 people. By 2021 the population was 15850 showing a population growth of 7.1% in the area during that time. The predominant age group in Cleveland is 60-69 years. Households in Cleveland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cleveland work in a professional occupation.In 2021, 66.80% of the homes in Cleveland were owner-occupied compared with 62.20% in 2016.

Cleveland has 9,246 properties. Over the last 5 years, Houses in Cleveland have seen a 84.68% increase in median value, while Units have seen a 102.66% increase. As at 31 May 2026:

  • The median value for Houses in Cleveland is $1,463,982 while the median value for Units is $941,959.
  • Houses have a median rent of $795 while Units have a median rent of $630.
There are currently 88 properties listed for sale, and 50 properties listed for rent in Cleveland on OnTheHouse. According to Cotality's data, 475 properties were sold in the past 12 months in Cleveland.

Suburb Insights for Cleveland 4163

Market Insights
Cleveland Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cleveland Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
agent headshot
Brooke Caple
Show contact details
agent headshot
Nichole Caple
Show contact details
RE/MAX Bayside-Results
Preferred contact:
Cotality Copyright and Legal Disclaimers about Property Data
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.