Burnett’s highest property sales for 2023 revealed
With no end in sight to the property boom, one Burnett home cracked the million-dollar mark this year, and multiple land sales reached $4million or more. These were the 15 biggest real estate buys of the year and who made them.
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The property market across the Burnett has been booming as more and more people relocate into Qld, and from the cities and the coast chasing a better, more affordable lifestyle.
Three of those highest sales were made with Raine and Horne Kingaroy.
Agency principal Jackie Allery said the entire market had been strong throughout 2023.
“The market has remained strong especially in the top end of the market, the nicer homes on acreage,” she said.
Ms Allery said they were seeing a lot of people moving from the cities into the Burnett region.
“We’re finding people are moving here for lifestyle choices. The area offers beautiful lifestyle and is close to the cities but also gives people a beautiful big property less than the city prices ... if they sell their home in the city they can come and purchase an equally nice home here, or a nicer home and end up with some money in their pocket.”
Ms Allery expects the demand to continue throughout 2024 despite the higher interest rates.
“It’s making the marketplace a little nervous but it hasn’t completely stopped it yet.
“There’s more people than houses at the moment ... Demand is greater than the supply so that is keeping our prices up,” Ms Allery said.
“We have seen some investors pull out of their investment homes and sell them because of the recent growth of the value of their homes.”
CoreLogic RP Data records reveal the top 10 prices paid for homes and the top five prices paid for land and farm sales in 2023 for the Burnett.
Vacant blocks of land and sites purchased to be built on by developers have been excluded from the list.
1. 290 West Coolabunia Road, Coolabunia
Sold on March 10, 2023 for $1.1million
Sold by Raine and Horne Kingaroy
Purchased by Lydia Fabienne Smith and Mitch Anthony Smith
2. 10448 Bunya Highway, Taabinga
Sold on January 27, 2023 for $800,000
Purchased by Julie Anne Howard and Russell Martin Howard
3 Geale Street, Kingaroy
Sold on March 17, 2023 for $772,000
Sold by Raine and Horne Kingaroy
Purchased by Jarred Andrew Peterson and Sarah Annette Peterson
4. 20 Macaulay Drive, Booie
Sold on March 1, 2023 for $760,000
Sold By Raine and Horne Kingaroy
Purchased by Lisa Maree Mccarthy
5. 13 Peregrine Drive, Kingaroy
Sold on May 9, 2023 for $750,000
Purchased by Leanne Joy Jensen and Bryce David Jensen
6. 451 Nanango Brooklands Road, Nanango
Sold on February 10, 2023 for $750,000
Sold by LJ Hooker Esk | Toogoolawah
Purchased by Benjamin Kit Cherry and Kristina Lee Mcgovern
7. 103 Rural Road, Nanango
Sold on February 10, 2023 for $750,000
Sold by Matt Campbell Real Estate
Purchased by Wendy Maree Hazelton
8. 17 Kahler Road, Booie
Sold on February 28, 2023 for $749,995
Sold by South Burnett Real Estate
Purchased by Sherry Lynn Atteridge and Ian James Scott Bennie
9. 1025 River Road, Inverlaw
Sold on May 12, 2023 for $745,000
Sold by Re/Max Victory
Purchased by Cherie Alice Longstaff
10. 190 Old Rifle Range Road Nanango
Sold on April 28, 2023 for $742,000
Sold by L J Hooker South Burnett
Purchased by Nicole Anne Tibbett
Top 5 Burnett land sales
1. Yenda Road, Yenda
Sold on July 26, 2023 for $4.8million
Land used for cattle breeding and fattening
Purchased by TEEBAR PTY LTD
2. 200 Mill Road Monogorilby QLD 4626
Sold on April 6, 2023 for $4.3million
Sold by Ray White Rural Mundubbera
Land used for cattle breeding and fattening
Purchased by Lindsay Charles Barbour
3. 3759 Gayndah Mount Perry Road, Mingo
Sold on June, 2023 for $4.2million
Land used for cattle breeding and fattening
Sold by Ray White Rural Queensland
Purchased by SEARLES TRANSPORT PTY LTD
4. Lot 6 Eidsvold-Theodore Road, Eidsvold West
Sold on February 28, 2023 for $4million
Land used for cattle grazing and breeding
Purchased by Patricia Kaye Bygrave and Robert John Bygrave
5. 400 Rickertt Road, Johnstown
Sold on June 12, 2023 for $3.9million
Land used for cattle breeding and fattening
Purchased by Glen Edward Marshall and Angela Maree Marshall
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