New build home in Brisbane’s south breaks suburb record

A hot Brisbane family-centric suburb has a new record house price just 24 hours after another home came close to smashing it. FIND OUT WHERE.

The home provides a culinary excellence, meals can be shared indoors, atop the oversized island bench or on the alfresco terrace, nestled amongst the glistening pool and grassy yard gazing out to Toohey forest. 53 Chamberlain Street, Tarragindi

A hot Brisbane family-centric suburb has a new record house price just 24 hours after another home came close to smashing it.

A new build five-bedroom, three-bathroom home at 53 Chamberlain Street, Tarragindi, sold for $250,000 more than last year’s previous high, fetching $3.75m in a private treaty deal.

The home had been on the market for over 100 days, with a whopping 214 groups coming through the door – most praising the home’s high quality inclusions, according to real estate agent Denis Najzar, a director of Place Woolloongabba, who handled the campaign.

“We got a well-deserved offer, keeping in mind the property construction and high demand for new property in the market,” Mr Najzar said.

Newly executive living and resort-styled entertaining home built by Mondo Constructions is on 771 sqm. 53 Chamberlain Street, Tarragindi.

“It took us slightly longer, but when great results are achieved, it works out, and we had a lot of patience from the sellers as they knew what could be the best offer.”

“The most standout feature for this property was the quality of construction, overall presentation and work done in the home with inclusions and design.“

Mr Najzar said the main reason newly built homes sold at a premium price was the cost and time to build or renovate properties.

“Consumer sentiment is the main reason for the big demand for newly built homes. If they are looking to build and renovate houses, the cost and length of time spent are much more with developmental rates. But In this market, it is easier to buy a new home with people looking to make their lives easy,” he said.

The home offers an additional space, the home includes a media lounge and an upstairs family room featuring a gallery walkway connecting you to the inspiring study. 53 Chamberlain Street, Tarragindi

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Mondo Constructions built the new residence to epitomise luxury living and sophisticated entertainment across just 771 sqm.

The home’s focal point was its expansive living and dining area, which offered serene views of the poolside oasis and lush greenery.

The property also boasts a triple car garage, multiple living areas, an alfresco terrace, a sparkling pool, and a secure backyard.

Mr Najzar said the Brisbane market in 2024 was looking strong, as people continue to be drawn to Brisbane’s international city status.

“The market will remain strong, but there still will be a lack of supply on top of interstate migration increasing in Brisbane,” he said.

An architectural centrepiece, the show stopping living and dining area draws the eye with a calming ambience and tranquil views across the poolside entertaining zone, garden courtyard and distant greenery. 53 Chamberlain Street, Tarragindi

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“The main reason for the increase in interstate migration is the city is creating more highly paid jobs, which shows there is an incentive to live in Brisbane and own a property in future.”

Mr Najzar said increasing interest rates created uncertainty for people looking to buy or invest in a property.

“Consumers with fixed salaries want certainty to buy a property,” he said.

“A lot of people want to buy or downsize properties, but they are afraid of not getting the next home as there is a shortage of stock and rentals in the market, and they don’t want to be stuck.”

Enhanced by a modern palette featuring crisp whites and neutral tones, the home's splendour and opulence are further elevated with oak flooring, wool carpet, distinctive tiles, and gunmetal accents from ABI Interiors tapware. 12 FINGAL STREET, TARRAGINDI

The previous record was set by 14 Downes Street, Tarragindi at $3.49m.

On February 1, 12 Fingal Street Tarragindi came close to smash the suburb record, after it sold for $3.3m.

Happy Haus managing director Lachlan Grant said the home was sold for a very good price and it reflects the property was built.

Originally published as New build home in Brisbane’s south breaks suburb record