Quick answer: Peet’s Flagstone listed 15 lots on 6 October 2026, from $446,000 for 375m² to $572,000 for 765m². It sits inside the Greater Flagstone PDA, planned for about 51,500 dwellings over 30–40 years, so supply is the main investor risk. The train station and hospital are developer plans, not funded projects.
Flagstone at a Glance
Disclosure: REIN has no commercial relationship with any developer, estate or project marketer named on this page and receives no commission from them. Estate details below come from the developers’ own websites and government sources, as at 6 October 2026. Prices and availability change often, so check the source before relying on them.
| Item | Detail |
|---|---|
| Developer | Peet (Flagstone) |
| Location | Flagstone QLD 4280, Logan City; developer says 50 minutes to Brisbane CBD |
| Scale | Developer: “11,000 homes on completion” on its homepage and “approximately 12,000” on its About page (about) |
| Land listed 6 Oct 2026 | 15 lots, 375m² ($446,000) to 900m² ($513,000); highest $572,000 for 765m² (for sale) |
| Display village | 224 Flagstonian Drive, 14 homes by 9 builders (display village) |
The Greater Flagstone PDA
Flagstone is part of the Greater Flagstone Priority Development Area, declared in 2010. EDQ plans about 51,500 dwellings for up to 138,000 people, with full development expected to take 30–40 years (EDQ). EDQ also names other large projects in the area, including Mirvac’s Monarch Glen (EDQ), marketed as Kindira (see our Flourish and Kindira guide).
For an investor that means new house and land will be competing for your tenants and future buyers for decades.
Got a Flagstone package?
Send it to us. We’ll compare the lot with Peet’s current price list, check the build price and any commission, and run the overlays.
GET MY PACKAGE CHECKED → or call 1300 446 445
Schools and Town Centre
Peet lists Flagstone State School, Flagstone State Community College and St Bonaventure’s College as existing schools (Peet). A new Greater Flagstone state primary school is in planning, with an opening year of 2030 (Department of Education).
Peet describes a 126-hectare city centre with plans for a major health facility, tertiary campus and train station. We found no government funding for the hospital or campus, so treat them as plans.
Rail: Planning Only
TMR says planning is underway for the Salisbury to Beaudesert passenger rail, with $20 million committed for planning. It doesn’t name a Flagstone station or commit construction funding (TMR). Don’t pay a premium for a station that isn’t funded.
Flood and Bushfire Check
Logan City Council updated its flood mapping in June 2026. Check the exact lot on Council’s flood portal (Logan City Council) and the bushfire overlay before you sign.
The 2027 Tax Change
Under tax changes that are now law, from 1 July 2027 negative gearing on residential property is generally limited to new builds. Properties held at 7:30pm AEST on 12 May 2026 keep their existing treatment, and the 50% capital gains discount is being replaced with indexation and a minimum tax (ATO).
A new house and land package bought from 1 July 2027 can qualify as a new build. The catch is resale: the Government’s explainer says later buyers of that property won’t get negative gearing (Budget 2026–27 tax explainer). That may shrink the pool of investors who will buy it from you, so buy for rent and long-term value, not the tax treatment alone. More in our guide to negative gearing on new builds.
Questions to Ask
- What is the land price and the build price, separately, and what are similar titled lots in this estate selling for right now?
- Has the land titled? If not, what is the expected title date, and what happens to my deposit and loan approval if it slips?
- What exactly is included in the build price: site costs, driveway, fencing, landscaping, window coverings, flooring?
- Is any commission or marketing fee built into this package, and who is paying it?
- What does the council flood and bushfire mapping show for this exact lot?
- What do comparable homes in this estate rent for, and how many are listed for rent right now?
- Is the builder’s QBCC licence current, and will home warranty insurance be in place before work starts?
How REIN Helps
REIN acts only for buyers of new house and land packages. We check the price, the contract and any commission built in before you sign.
REIN charges a service fee for our work, agreed in writing before you start. Where REIN receives a builder or developer commission on your purchase, we disclose it and rebate 100% (excluding GST) of it to you. The rebate typically covers the fee and more.
Common Questions
How much is land in Flagstone?
Peet’s listing on 6 October 2026 showed 15 lots from $446,000 (375m²) to $572,000 (765m²).
Where is the Flagstone display village?
224 Flagstonian Drive, Flagstone, with 14 homes by 9 builders.
Is there a train station in Flagstone?
Not yet. The Salisbury to Beaudesert passenger rail is in planning only, and no Flagstone station has been committed by government.
How many homes will be built in Greater Flagstone?
EDQ plans about 51,500 dwellings for up to 138,000 people over 30–40 years.
Before you sign anything…
Send us the package. We’ll check the price, any commission built into it and the contract terms, and tell you straight whether it stacks up. Free, no obligation.
GET MY PACKAGE CHECKED → or call 1300 446 445
Written by the REIN Editorial Team. Researched with the help of AI tools, then fact-checked against the sources below. Last updated 6 October 2026.
Reviewed by Scott Fraser, founder of REIN, licensed real estate agent (NSW) with 10 years on the developer side of house and land.
Sources
- Peet: Flagstone, accessed 6 October 2026
- Peet: About Flagstone, accessed 6 October 2026
- Peet: Flagstone land for sale, accessed 6 October 2026
- Peet: Flagstone display village, accessed 6 October 2026
- EDQ: Greater Flagstone PDA, accessed 6 October 2026
- EDQ: Unlocking 51,500 homes in Greater Flagstone, accessed 6 October 2026
- Department of Education: Greater Flagstone school, accessed 6 October 2026
- TMR: Salisbury to Beaudesert passenger rail, accessed 6 October 2026
- Logan City Council: Flood maps, accessed 6 October 2026
- Logan City Council: Flood mapping improvements (June 2026), accessed 6 October 2026
- ATO: Negative gearing and CGT reform, accessed 6 October 2026
- Budget 2026–27 tax explainer, accessed 6 October 2026
About this article: This article is published by Real Estate Investors Network Pty Ltd (REIN). Statements of opinion are ours. If you believe anything in this article is inaccurate or out of date, please call us on 1300 446 445 and we will review it and correct it promptly. This is general information only. It does not take into account your objectives, financial situation or needs, and is not financial, credit, legal or tax advice. Rules differ between states and change over time. Consider seeking independent advice from a licensed professional before acting. A REIN service fee applies to our services, and where REIN receives a builder or developer commission in connection with a client’s purchase, it discloses and rebates 100% (excluding GST) of that commission to the client under its written service agreement.