Newly built Ascot home sold for $2.65m - Place

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Sep 3, 2021

Newly built Ascot home sold for $2.65m - Place

Sold by Drew Davies and Carter Lagana of Place Ascot, who told WILLIAMS MEDIA the area is seeing increasing interest from interstate buyers and expats.

Place Ascot
Place Ascot
Place Ascot

This newly built Ascot residence has been sold by Drew Davies and Carter Lagana of Place Ascot following a 25-day marketing campaign.

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Source: Place Ascot

The two-level home delivers luxurious family entertaining areas in a position just 5km from Brisbane’s CBD.

Speaking to WILLIAMS MEDIA, Drew Davies said there were 82 separate in-person buyer inspections prior to the sale, across 5 open homes and 6 private viewings, as well as 7 virtual inspections with interstate and international buyers over Facetime.

“There was strong interest from the outset based on the family-friendly layout with kitchen living and dining areas all downstairs and flowing onto backyard and showpiece pool,” Drew explained to WILLIAMS MEDIA.

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Source: Place Ascot

The 5-bedroom home was sold for $2.65m.

Among the potential buyers were interstate families growing increasingly frustrated with their lockdown situation, expats looking to get into the market ahead of their return and local families, typically looking to upsize.

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Source: Place Ascot

Drew told WILLIAMS MEDIA the area remains popular with interstate investors for a number of reasons.

“Ascot, Hamilton and Clayfield are highly sought-after suburbs especially amongst interstate buyers due to large homes and block sizes, highly-regarded public & private schools and ease of access to the city, airport and arterial routes to both the Sunshine Coast and Gold Coast.”

“We've seen local buyers also willing to dig deeper to purchase the home of their dreams, somewhat out of necessity to stay competitive with this continued wave of interstate investment.”