Brisbane Acreage Properties Continue To Surge In Value
Acreage properties continue to command poll position each week in Brisbane's Top 10 Sales.?
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Frequently, we are seeing families wanting to?be close to the city, while wanting to give their young children a wholesome and active outdoor upbringing.
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These savvy buyers are also realising the value in investing in hidden gems within 20 minutes of the CBD, offering coveted and valuable land allotments, particularly with land now remaining at a premium with rapid population?growth.?
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Typical buyers are a mix of entrepreneurs, business owners who choose to work from home and busy professionals with young children, wanting to give their family the lifestyle benefits, while remaining within a reasonable commute to the city and quality schools.?
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Acreage properties are up by more than 70% in value over the past five years and it's a trend set to continue particularly with land now in short supply in Brisbane.?
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Astute buyers are considering the significant value in buying large land parcels, now in short supply throughout Brisbane with our continued population growth. Buying with an existing dwelling in place, also works out to be significantly greater value than having to pay current market price for construction costs.?
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These two factors are making this asset class, coupled with the lifestyle factor, blue chip buying for the land value an irreplaceable investment.?
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Top?10 Sales of The Week
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This week’s prominent sales in Brisbane highlight the high demand for spacious, luxury family homes across various suburbs, including those on the city’s fringes. Buyers are actively seeking properties that combine elegance, generous living spaces, and family-friendly amenities, catering to both growing families and professionals alike. These major transactions reflect the diverse preferences of today’s buyers, who are navigating Brisbane’s competitive market to secure homes that provide immediate comfort, convenience, and strong growth potential. We are also very excited to announce that one of our recent sales in the beautiful Fig Tree Pocket secured the No. 2 spot, following Brisbane’s most expensive home.
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1. 32 Sutherland Avenue, Ascot $23,000,000
2. 374 Jesmond Road, Fig Tree Pocket $confidential
3. 36 Langside Road, Hamilton $7,000,000
4. 3 Tristania Drive, Bardon $confidential
5. 102 Outlook Crescent Bardon $circa $6,000,000
6. 36 Pring St, Hendra $4,650,000
7. 11 Newton St, Grange $4,550,000
8. 7 Satinwood Court. Bardon $4,355,000
9. 26 Overend St, Norman Park $4,125,000
10. 24 Gertrude St, Highgate Hill $3,950,000
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*Top 10 Results are based on publicly available data, auction results, and data provided by agents. Data is deemed reliable at the time of publication but Christine Rudolph and Ray White New Farm neither warrants its accuracy or accepts any liability in relation to its use.