A private investor has paid $7.7 million for the Goodstart Early Learning centre, in a deal that drew more than 135 enquiries and reflects strong investor demand for childcare property in Brisbane’s northern growth corridor.
The sale was brokered by Stonebridge Property Group and completed via an on-market campaign in June 2026 after initially launching as part of a National Portfolio Auction campaign in March. The transaction settled at a yield of 5.30 per cent, which agents described as a benchmark result for the childcare asset class in the current market.
For families in Griffin, the sale changes nothing about the centre’s day-to-day operations. Goodstart Early Learning continues as tenant under a 15-year net lease running to 2035, with options extending to 2055 and CPI-linked annual rent increases built in throughout.
A centre designed for a suburb that needed it
The Griffin Goodstart centre was purpose-built in 2021 specifically to address an undersupply of childcare places in the suburb. At the time it was developed, Griffin had approximately 3.3 children aged between zero and five for every available childcare place, a ratio that signals significant unmet demand.
The 110-place facility sits on a 2,405 square metre landholding with 27 car parks and nearly 79 metres of dual street frontage. Its position directly opposite Griffin State Primary School was a deliberate development decision, creating a natural pathway for families moving between early learning and primary education on the same street.
Griffin State Primary School recently completed a $22 million extension bringing its capacity to 1,159 students, a figure that underscores how rapidly the suburb has grown since the Goodstart centre was built.
Griffin’s growth story is not slowing down
Griffin sits roughly 23 kilometres north of Brisbane’s CBD and has been one of the faster-growing suburbs in the Moreton Bay region for the past decade.
Population forecasts put growth in the immediate area at more than 61 per cent between now and 2046, a trajectory that makes infrastructure assets with long lease terms particularly attractive to investors looking for passive income in a growing catchment.
The suburb currently has a new Woolworths-anchored retail centre under construction approximately 450 metres from the Goodstart site, and is within 1.2 kilometres of Westfield North Lakes.
What Goodstart is, beyond a property investment
Goodstart Early Learning is Australia’s largest not-for-profit early learning provider, operating more than 677 centres nationwide and supporting around 64,000 children each year.
It was formed in 2009 when a consortium including Brotherhood of St Laurence, Mission Australia, The Benevolent Society and Social Ventures Australia acquired the former ABC Learning network after its collapse.
In the 2025 financial year, Goodstart delivered a solid surplus of $28.9 million, which it reinvested into quality improvements, safety upgrades and centre network expansion rather than distributing as profit.
The Griffin centre’s structure as a net lease means Goodstart pays rates, insurance, general repairs and maintenance, and land tax, keeping the investment fully passive for the new owner.
For enrolment enquiries at the Griffin centre, contact Goodstart here or on 1800 222 543.
Published 4-June-2026
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