A Southport family has paid $550,000 for a tiny 89m² block of land, but HIA Executive Director, Mike Roberts, joined Jason Matthews on 4BC Mornings and revealed that neighbouring properties are even smaller at just 60m².

This shift highlights a chronic land shortage in Queensland, forcing buyers to choose between traditional apartments or building vertically on "postage stamp" freehold lots.

A Southport family has paid $550,000 for a tiny 89m&sup2; block of land, but HIA Executive Director, Mike Roberts, joined Jason Matthews on 4BC Mornings and revealed that neighbouring properties are even smaller at just 60m&sup2;.
This shift highlights a chronic land shortage in Queensland, forcing buyers to choose between traditional apartments or building vertically on "postage stamp" freehold lots.

Tune in to 4BC Mornings, weekdays from 9am-12pm.

Tune in to 4BC Mornings, weekdays from 9am-12pm.

4BC Mornings

4BC Mornings with Jason Matthews

$550k for 89m²: The price of entering the market

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/63a44f3f-1b5e-4a0c-bbdd-b3f4000a61fd/transcript