Cashed-up homebuyers across Australia look to Queensland to purchase their dream million-dollar home, such as one luxurious property in Bridgeman Downs.
Just 11 years old, this Bridgeman Downs million-dollar home at 33 Bridgeman Road was sold in October 2018 for $2.715 million. It was also one of the most viewed listings in the $2.5 million – $5 million price bracket last year, with over 25,000 page views, according to data from realestate.com.au.
The main house features a spacious living area, wide hallways and high ceilings. There is a self-contained guest house that has both an internal and an external private access as well as two bedrooms, 2-way bathroom, kitchen, lounge room, and internal laundry.
The master bedroom features a carpeted flooring, walk-in robe, and ensuite. Bedrooms two, three, and four also have plush carpeted flooring, built-in wardrobes and security mesh. Bedroom five, also the second master bedroom, features a private study.
The living and entertaining area overlooks the inground pool and manicured lawn. The family room is situated next to the kitchen and meals area, whilst the formal dining area is located close to the kitchen. The enclosed Sala, on the other hand, opens to the outdoor entertainment area via floor to ceiling glass stacker doors.
The six months to August 31, 2018 data showed that properties in the $1M – $2.5M range are the most searched in QLD. About 5,009 and 3,494 prospective buyers from NSW and VIC, respectively, look to buy properties in the $5 million and above price bracket. Over 17,000 Queenslanders, on the other hand, searched for the $5M+ properties during the same period.
Houses in the $1M – $2.5M price range are still the most popular among property searchers, with 90,715 coming from QLD, 20,228 from NSW, and 9,171 from VIC. The 10 most sought-after suburbs was led by Surfers Paradise, followed by New Farm, Noosa Heads, West End, Ashgrove, Paddington, Mermaid Beach, Broadbeach Waters, and St Lucia.
Experts say that buyers are finding more value for their money in QLD which is a sign of growing confidence in the state’s economy and interstate migration.