A purpose-built Goodstart Early Learning centre on Wesley Road, Griffin is heading to auction later this month, listed as part of a national commercial property portfolio campaign.
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The 110-place centre at 60 Wesley Road, Griffin, has been listed by commercial real estate firm Stonebridge Property Group as part of its March National Portfolio, with the auction scheduled for Wednesday, 25 March at 11am (AEDT).
Goodstart Early Learning will continue operating the centre under its existing lease arrangements. The not-for-profit childcare operator holds a 15-year net lease running through to 2035, with further options that could see it remain in place until 2055, according to the listing.
The listing highlights a combination of factors that have been reshaping Griffin over recent years.
The suburb’s population is forecast to increase by more than 60 per cent by 2046, making it one of Brisbane’s fastest-growing residential catchments. That growth is visible on the ground — Griffin State Primary School, which sits directly opposite the Wesley Road childcare centre, underwent a $22 million expansion in 2020 and now enrols more than 1,159 students. A new Woolworths-anchored shopping centre is also under construction in close proximity to the centre.
Against that backdrop, the childcare numbers are telling. Griffin currently has a demand ratio of approximately 3.3 children aged zero to five for every available childcare place, according to data cited in the Stonebridge listing. That means for every available childcare place in the suburb, there are more than three children aged zero to five in the catchment — a ratio that points to significant unmet demand.
Stonebridge Partner Tom Moreland described the listing as a rare opportunity, saying it is “extremely rare for a newly built Goodstart childcare freehold to hit the public market.” He noted that Goodstart had identified Griffin as an under-supplied metropolitan growth catchment and selected a site directly opposite the primary school.
His colleague Thomas Proberts pointed to the broader investment picture, noting that recent sales of metro childcare centres had demonstrated sustained demand for well-located assets in South East Queensland’s growth corridors. “South East Queensland in particular continues to benefit from strong population growth,” Proberts said, singling out Griffin’s projected 60 per cent expansion over the next two decades as a key drawcard.
The auction is being managed by Stonebridge’s Tom Moreland, Michael Collins, Thomas Proberts and James Freemantle, and forms part of the firm’s wider March National Portfolio campaign.
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For the local community, the transaction raises a question that goes beyond property investment: as Griffin continues to grow, will childcare supply keep pace with demand? The centre at Wesley Road was completed in 2021, purpose-built for a suburb already experiencing rapid population growth. With population forecasts pointing sharply upward, and a demand ratio that already leans heavily against families seeking a place, it is a question worth asking.
Published 14-March-2026
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