The site offers capacity for up to 400 new dwellings 13 kilometres from the CBD as recently announced by Deputy Premier Jarod Bleijie.
Presented by Ray White Special Projects Queensland, in partnership with KPMG Transaction Advisors, on behalf of Economic Development Queensland (EDQ), the site is being offered to the market as two distinct development opportunities, designed to deliver both residential and affordable housing outcomes.
Matthew Fritzsche of Ray White Special Projects Queensland said the offering represents one of the most compelling infill opportunities currently available in Brisbane’s middle ring.
“Large-scale, well-located infill sites of this calibre are exceptionally rare, particularly those with the capacity to deliver genuine housing diversity,” Mr Fritzsche said. “This site allows developers to respond directly to Brisbane’s housing needs while capitalising on strong transport connectivity, established amenity and a precinct already undergoing meaningful urban renewal.”
The larger 6.03-hectare opportunity supports a mix of townhouses and apartments of up to five storeys, with flexibility to accommodate retirement living, aged care, land lease or community-style residential outcomes. A separate 0.43-hectare Affordable Housing Project is available exclusively to eligible Community Housing Providers, ensuring the creation of a diverse and inclusive community.
Mark Creevey of Ray White Special Projects said EDQ’s commitment to fast-tracking outcomes added further weight to the opportunity.
“The intention to declare a Provisional Priority Development Area is a significant signal to the market,” Mr Creevey said. “It provides clarity, confidence and a more efficient pathway to delivery - something developers are actively seeking in the current environment.”
Strategically located within Brisbane’s inner-north growth corridor, Banyo benefits from direct rail access to the CBD, immediate proximity to major road networks, and close links to Brisbane Airport, the Australia TradeCoast and key employment hubs. The suburb is also rich in recreational amenity and education infrastructure, underpinning long-term residential demand.
Tony Williams of Ray White Special Projects said Banyo’s evolution from a predominantly industrial area into a modern, mixed-use residential precinct is well underway.
“Banyo has quietly become one of Brisbane’s most compelling middle-ring suburbs,” Mr Williams said. “Strong demographics, improving amenity and excellent connectivity are attracting families, professionals and downsizers alike. This site sits right at the heart of that transformation and offers developers a chance to shape the next chapter of the precinct.”
With Brisbane’s housing supply under increasing pressure, the Banyo opportunity is expected to draw strong interest from both private developers and community housing providers seeking scale, certainty and long-term growth fundamentals in one of the city’s most dynamic urban renewal locations.
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