40 Vespar Rd, Flagstone is a 4 bedroom, 2 bathroom House with 2 parking spaces.This Property is currently listed for sale with Exceed Realty Group
Positioned in a quiet, established pocket of Flagstone, This is a standout opportunity.
Just over 12 months old, this modern home offers all the advantages of a new build without the wait - making it a smart, ready-to-go addition to any portfolio.
Property Features:
Four spacious bedrooms, including master with walk-in robe and private ensuite
Open plan living and dining area designed for practical, everyday living
Additional study or second living area at the front
Modern kitchen with electric appliances, good storage, and functional layout
Main bathroom with separate bath and shower
Internal laundry with external access
Covered outdoor area and fully fenced backyard
Double lock-up garage with internal access
Low-maintenance 306m block
Solar system
Colourbond Roof
Investment Snapshot:
Currently tenanted at $650 per week
Near-new build (just over 12 months old) = low maintenance and reduced capital expenditure
Located in a high-growth corridor with strong tenant demand
Location Highlights:
Flagstone continues to emerge as one of South East Queenslands fastest-growing communities, backed by ongoing infrastructure and population growth.
Close to major shopping centres including: Coles, Woolworths and Aldi
Access to quality local schools and childcare facilities
Easy connectivity via the Mount Lindesay Highway to Brisbane and the Gold Coast
Surrounded by parks, playgrounds, and walking tracks - key lifestyle drivers for tenants
This is a modern home designed for easy living and it wont last long!
The size of Flagstone is approximately 14.4 square kilometres. It has 10 parks covering nearly 5.0% of total area. The population of Flagstone in 2016 was 13201 people. By 2021 the population was 7087 showing a population decline of 46.3% in the area during that time. The predominant age group in Flagstone is 0-9 years. Households in Flagstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Flagstone work in a trades occupation.In 2021, 75.30% of the homes in Flagstone were owner-occupied compared with 80.50% in 2016.
Flagstone has 3,994 properties. Over the last 5 years, Houses in Flagstone have seen a 100.06% increase in median value, while Units have seen a 266.97% increase. As at 31 March 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.