96 Gallipoli Road, Carina Heights, sold for $1.9m at auction on Saturday.
A luxury new build home by the same builder with the same design in the same street has fetched exactly the same price as its twin despite their sales being nine months apart.
The astounding result in Carina Heights saw two identical homes by the same builder nabbing the exact same $1.9m price despite one selling in July 2022 and the other only going to auction Saturday.
MORE: Brisbane radio star Robin Bailey lists stunning waterfront home
Fitness juggernaut lists apartments bought during pandemic for sale
96 Gallipoli Road and its neighbour have the same layout and builder.
Real estate agent Tony O’Doherty of Belle Property Bulimba said there were four registered bidders for the five bedroom home which was completed last year, with all interested buyers active after bidding kicked off “quite high” at $1.7m.
“So the same product, same builder, same floor plan sold for the exact same money. In that case study, the market hasn’t gone back a dollar. It’s my belief that new product is selling for as high as it’s ever sold for.”
Calm curves across the open living zone.
There is a storage shed tucked behind the pool with a convenient basketball return net behind the hoop.
Three of the bidders were local families while one was an interstate buyer on the phone.
Mr O’Doherty said they were drawn by the functionality of the floorplan and the design finishes – and the fact that it was move in ready helped.
“Land and homes that need a lot of work are probably experiencing a little more of a challenge but finished product and good homes are doing much better.”
Mr O’Doherty said interest rates were at a healthy level for most buyers to handle. “Serious buyers understand that money has a value and at 4 to 5 per cent it is fair and reasonable.”
Local families showed the highest levels of interest in the large home.
MORE: Million-dollar payday for former Broncos captain Darius Boyd
Aussie golf megastar lists home with putting green, rooftop spa
“We are lucky to have stock, but with that said, we still have a lot more buyers than we have houses.”
The Carina Heights home is located just 10km from Brisbane’s CBD, with features including open-plan living/dining areas, an alfresco terrace, heated pool, upstairs retreat, private lounge, study with built-in desk, media room, electric front gate, solar power and an electric vehicle charger in the double garage.









Add Category