The high end Brisbane property market remains strong, with five luxury properties sold by Place’s Sarah Hackett last week.

One of these properties, a penthouse in the tightly held Freshwater complex in New Farm was sold off market for an undisclosed amount that set a new record for the building. 

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Sold under the hammer after competitive bidding for $3,050,000 on 7 May, 405 / 21 Pixley Street is a spectacular apartment within Kangaroo Point's prestigious Watermark complex. The 4-bedroom residence benefits from resort-style facilities, proximity to the CBD, and views over Brisbane River, Botanic Gardens, and city.

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Sarah told LUXURY LIST WEEKEND the apartment was on the market for 4 weeks, with 57 inspections during the campaign. On the day there were 6 active bidders, with 14 bids made before the home sold to an empty-nester couple who had been looking at the building for 10 years.

“There was a lot of interest in the building from a local and interstate audience. It’s a tightly held complex with incredible views of the city and parklands down the river, so interest in securing this property was great.”

Source: Place New Farm

To view the listing for 405 / 21 Pixley Street or for more information click here.

Inspired by American coastal design, 102 Buena Vista Avenue Coorparoo delivers heritage-style elegance with modern functionality in one of Brisbane’s best streets. 

The five-bedroom residence is positioned only eight kilometres from Brisbane’s CBD and minutes from local conveniences.

There were 46 inspections of 102 Buena Vista Avenue during the 3-week campaign, Sarah told LUXURY LIST WEEKEND. 

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“The home was built in 2019 so there was great interest from that perspective. The American coastal feel is crisp and timeless, which appealed to many. The layout, yard space and pool made it a very popular choice for families.”

The home was sold for an undisclosed price to a young family with small children who fell in love with the yard and pool. “The layout was perfect for their family,” Sarah explained. 

Source: Place New Farm

To view the listing for 102 Buena Vista Avenue or for more information click here.

Sarah's other sales of the week were of neighbouring Bulimba riverfront properties on behalf of Courtney Talbot, daughter of the late mining magnate Ken Talbot. Combined, 35 and 39 McConnell Street Bulimba encompass approximately 2,123sqm with a 40m water frontage.

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During the campaign, 33 groups inspected the properties. The sites sold separately to two local developers who plan to build high-end homes. 

Source: Place New Farm

Buyers are moving quickly to secure their new homes, Sarah explained.

“On reflection all of these sales were sold to buyers that we’ve been working with for over 12 months. The buyers have seen plenty of prestige properties sell in that 12 months, have a clear view of the properties’ value so acted quickly to avoid missing the opportunity with each. We are down 40% in stock of available homes for sale compared to last year so there are certainly more buyers than properties for sale.”

See more luxury Brisbane real estate:

Riverfront Kangaroo Point apartment for sale - Place

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