447 Waterford Rd, Ellen Grove is a 1 bedroom, 1 bathroom AcreageSemi-rural. The property has a land size of 10231m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 1 bedroom AcreageSemi-rural sold in Ellen Grove in the last 12 months.
Positioned in one of South-West Brisbane's fastest-growing development corridors, this exceptional 10,231m² (approx. 1.02 hectares) allotment offers a unique and strategic opportunity for developers, land bankers, and future owner-occupiers. Surrounded by established estates and residential growth, 447 Waterford Road is primed for acreage residential living, subdivision, childcare centre, vet clinic and long-term land banking investment (STCA).
Boasting 57 metres of street frontage, a flat topography, and zoned Emerging Community under Brisbane City Council's planning scheme, the site is already part of a thriving residential precinct. With residential developments taking shape nearby and along the street, this block is one of the last substantial landholdings available in the area.
Included on site is a freestanding building, formerly leased to Green Cross Vets. This solid, versatile structure presents a rare opportunity to be repurposed as a home business base, consulting rooms, office, studio, or even temporary accommodation (STCA). Its existing layout and professional setup offer convenience and value to a wide range of buyers.
Property Highlights:
• Zoning: Emerging Community - Brisbane City Council
• Land Area: 10,231m² (approx. 57m frontage x 181m depth)
• Flat and development-friendly topography
• Existing standalone building - formerly Green Cross Vets can be converted back to residential dwelling.
• Wide street frontage with high exposure
• Numerous subdivision and development options (STCA)
• Located in the South-West Brisbane Priority Growth Precinct
Strategic Location & Lifestyle Appeal
• Situated on the border of Forest Lake - one of Brisbane's most well-established master planned communities
• 400m to Bask Early Learning Centre
• 900m to Forest Lake State School
• Only 3 mins to Richlands Train Station with a 25-minute express ride to Brisbane CBD
• Easy access to Logan, Centenary, and Ipswich Motorways
• Short drive to Forest Lake Village, Inala Plaza, Mt Ommaney Shopping Centre and fitness hubs
• Approximately 24 km to Brisbane CBD
Growth Corridor & Infrastructure Pipeline
• Ellen Grove sits in a strategic junction of 3 major highways, making it a key part of Brisbane's western expansion
• Within the South-West Priority Growth Area, identified for housing delivery and infrastructure funding
• Ellen Grove rail station is planned for the Springfield Line (a future-value catalyst)
• Nearby Active Parks Precinct Upgrade (2023-2026) will deliver upgraded sports fields, playgrounds and green space
Family-Focused Community
• Located in a strong family demographic - 76% of households are family-based (median age 30)
• Close to St John's Anglican College
• Access to lakeside walking trails, recreation spaces, and sporting clubs
Why 447 Waterford Road?
• One of the last large landholdings in a growing suburb
• Includes an existing former Green Cross Vets building, ready for adaptive reuse
• Neighbouring to established residential development
• Located in an area where land sales and housing prices are climbing rapidly
• Ideal for developers seeking immediate project potential or long-term capital growth
Site inspections by appointment only,
DISCLAIMER: While every effort has been made to ensure accuracy in this presentation, we disclaim any liability for potential typographical errors or inaccuracies. All information is deemed reliable at the time of printing, but prospective buyers are encouraged to independently verify all details for their satisfaction.
The size of Ellen Grove is approximately 3.4 square kilometres. There are 8 parks, covering nearly 2.6% of the total area. The population of Ellen Grove in 2016 was 2906 people. By 2021 the population was 3586 showing a population growth of 23.4% in the area during that time. The predominant age group in Ellen Grove is 20-29 years. Households in Ellen Grove are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ellen Grove work in a labourer occupation.In 2021, 29.30% of the homes in Ellen Grove were owner-occupied compared with 31.50% in 2016.
Ellen Grove has 1,580 properties. Over the last 5 years, Houses in Ellen Grove have seen a 177.49% increase in median value, while Units have seen a 172.14% increase. As at 30 June 2026:
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