Brisbane Inner East · QLD 4120
Stones Corner
A tiny, apartment-dominated junction suburb about four kilometres from the CBD, only reinstated as its own suburb in 2017, where a walkable Logan Road dining and retail strip, a very young renter crowd and the Buranda busway meet a flood-prone past on Norman Creek and one of the inner city’s largest apartment pipelines.
Centred on the junction of Logan Road and Old Cleveland Road, between Buranda, Greenslopes and Coorparoo, with Hanlon Park and Norman Creek along its western edge.
“Stones Corner is not really a house market, it is a young, walkable, apartment one: a dining and retail junction wrapped around units, with a big new-apartment pipeline and a flood-prone creek in its DNA. The real craft here is reading the incoming supply, the body corporate and the flood map, not chasing a thin house median.“
A Local’s Week
How Stones Corner Actually Lives
Forget the brochure version. This is what a week here actually looks like.
Coffee on the strip, a path by the creek
Stones Corner packs cafes, bakeries and delis into a few walkable blocks of Logan Road, with the rejuvenated Hanlon Park and the Norman Creek pathway alongside for a morning walk or ride before work.
Hanlon Park & Norman Creek ↗The busway and train next door
The Buranda busway and railway station sit right on the doorstep, with high-frequency services and the Cleveland line into the city, backed by Logan Road buses, so most residents barely need a car for the roughly four-kilometre trip to town.
Buranda busway & trains ↗The junction is the weekend
The junction itself is the drawcard: a long-running strip of factory outlets, restaurants, bars and specialty food that gives this small suburb a busy, urban weekend feel out of all proportion to its size.
The Logan Road strip ↗Dinner downstairs, the city a few stops away
With most residents in apartments and a dining strip at street level, evenings here are walkable and low-maintenance, and the city lights are only a few busway stops away.
Dining & bars ↗The suburb is named after James Stone, who bought the corner triangle where Logan Road meets Old Cleveland Road in 1875. Unable to get a liquor licence, he sold ginger beer from a slab hut instead, and the spot became known as Stone’s Corner. The low-lying land was originally called Burnett’s Swamp, a name the 1893 flood down Norman Creek proved apt. Stones Corner was folded into Greenslopes in 1975 and only won back its own suburb status in 2017. More suburb history ↗
A Reinvented Junction
From Burnett’s Swamp To A Reinvented High Street
Before it had its name, Stones Corner was Burnett’s Swamp, the low, flood-prone land around Norman Creek. James Stone bought the corner triangle in 1875, and after failing to secure a liquor licence sold ginger beer to passing travellers, which is how the junction got its name.
The Junction Hotel, now the Stones Corner Hotel, opened by 1890, and Brisbane’s early electric trams reached the corner in 1899, turning Logan Road into a genuine high street. Through the twentieth century it grew into a busy retail strip, from the Art Deco Penneys department store of 1938 to a factory-outlet heyday decades later.
Much of that older commercial and residential fabric survives under Brisbane’s character and heritage controls, even as the suburb has steadily filled with apartments. Stones Corner was absorbed into Greenslopes in 1975 and only regained its own identity in 2017, after a residents’ campaign.
Today it is one of Brisbane’s smallest and youngest suburbs: a compact, walkable junction of cafes, bars and outlets, wrapped around unit blocks and served by the Buranda busway, with the rejuvenated Hanlon Park now sitting along the creek that once flooded it.
If You Like Numbers, We Do Too
Now For The Practical Bit
The detached-house median rests on just 9 sales over 12 months, so treat it as indicative only. Stones Corner is really a unit market, and that is where the figures below focus.
House · median
$1.23M
Just 9 sales, low confidence
Unit · all beds
$850k
The real market here
2 bed unit · median
$878k
Around 7 in 10 sales
1 bed unit · median
$649k
Entry point
Cumulative price growth (house, indicative)
House-based and low confidence given the small sample. Rents, by contrast, grew about 18.9% over the year.
First, what this market actually is. Stones Corner is a tiny, apartment-dominated junction suburb, not a house market. There are only around 559 dwellings, owner-occupation is just 39%, and roughly seven in ten sales are two-bedroom apartments, which is why the detached-house median rests on only 9 sales a year and should be read as indicative. The bigger signal is supply: the development pipeline here is large, on the order of 796 new dwellings worth about $299M, all residential, which is more than the suburb’s entire current dwelling count. For unit buyers that matters, because a wave of new apartments can cap both capital growth and rental growth even in a tightly held pocket.
Second, the demand is genuine and young. More than a third of residents are aged 20 to 24 and around 60% are 20 to 34, drawn by the Logan Road dining and retail strip, the Buranda busway, the hospital precincts next door and the city about four kilometres away, which is why rents grew strongly, roughly 18.9% over the year, on a 3.3% yield. The opportunity here sits mostly in well-located units and the handful of character houses on the higher streets, but it needs a clear read of the incoming supply, body-corporate quality and which lots sit clear of Norman Creek. That is exactly the due diligence we run for our clients.
Why Buyers Keep Coming Back
A Junction, A Busway And A Young Crowd
Stones Corner is Brisbane’s classic inner-south junction: a compact dining, retail and factory-outlet strip where Logan Road meets Old Cleveland Road, wrapped around apartments and a young renter crowd, minutes from the Buranda busway and the city. It offers walkable, low-maintenance inner-city living rather than a house-and-land lifestyle.
A small, apartment-dominated inner-south suburb about four kilometres from the Brisbane CBD, only reinstated as its own suburb in 2017, on the Logan Road and Old Cleveland Road junction beside Buranda and Norman Creek.
Who Lives Here
Brisbane’s Young, Renting Heart
Stones Corner skews younger than almost anywhere in Brisbane. More than a third of residents are aged 20 to 24 and around 60% are 20 to 34, and just 39% of homes are owner-occupied, one of the lowest rates in the inner city, reflecting an apartment stock built for renters, students and young professionals close to work and transport. The suburb ranks in the top tier nationally for education and occupation, even as its economic-resources rank sits very low, the signature of a dense, young, renting population.
Occupation
Commute
Recent Sales
Proof Points From The Last Quarter
A sample of what’s actually traded in Stones Corner: public sale-record data, not agent marketing. As you would expect in an apartment suburb, recent sales are almost entirely units and townhouses.
$1.15M
Stones Corner, QLD · Unit, 3 bed / 2 bath / 2 car
$1.083M
Stones Corner, QLD · Unit, 2 bed / 2 bath / 1 car, 105m²
$930k
Stones Corner, QLD · Unit, 2 bed / 2 bath / 1 car, 96m²
*Stones Corner is an apartment-dominated market. The detached-house median of $1.23M rests on only 9 house sales over 12 months and is low confidence. A broader comparable set of 57 sales across all types shows a median of about $875k, with roughly seven in ten sales being two-bedroom units. Properties are shown by suburb, type and attributes only, never by address. Sourced from public sale records, suburb report compiled July 2026.
Before You Fall In Love With An Address
Flood is the first thing to check, and Stones Corner sits right in Norman Creek’s path. The suburb literally began as Burnett’s Swamp, and the 1893 flood inundated most of it. The creek runs along the western and northern edge toward Buranda and the river, and large parts of the low-lying junction area fall within creek and overland-flow flood planning areas. Higher streets sit clearer, but a lot of the apartment stock is on the flats, so the current flood mapping matters for both houses and units before you offer.
The second consideration is supply. Unusually for the inner city, Stones Corner has a very large apartment pipeline, on the order of 796 new dwellings, more than the suburb’s entire current dwelling count, which unit buyers should weigh against future capital and rental growth. Character controls also apply to much of the older housing on the higher streets, shaping demolition and renovation, while bushfire is negligible here. None of this rules a property in or out, but flood, incoming supply and body-corporate checks belong before contracts, not after, which is exactly the due diligence we run for our clients.
Explore Stones Corner
Useful Places To Start Looking
A few of the spots and resources worth knowing before your first inspection.
Parks & Character
More From Ideal Buyer’s Agency
Thinking About Buying In Stones Corner?
Flat-fee, buyer-exclusive advice for one of inner Brisbane’s smallest, youngest and most apartment-driven markets, where reading the incoming supply is half the job.
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