A Mansfield family home that had not been touched since it was built in the 1990s has set a new Mansfield home sale record, fetching $2.52 million in a cash transaction — nearly half a million dollars more than a comparable property on the same street sold for just weeks earlier.
The five-bedroom, three-bathroom home at 38 Mansfield Place had been lived in by the same owner-occupiers since construction. After more than thirty years of raising a family there, the couple decided the 433-square-metre property had simply become too much to manage alone. With the kids long gone, they resolved to downsize — and listed the home with only a fresh coat of paint to show for any preparation.
RE/MAX agent Henry Wong, who managed the listing, said the home attracted considerable interest from the moment it hit the market in March. Within a single week, 29 separate groups had inspected the property. Much of that interest, he said, came from families with multigenerational living needs — particularly those with grandparents who visit from overseas and require close proximity to schools.
The original layout of the home, with its kitchens and bathrooms unchanged from the 1990s, turned out to be a drawcard rather than a deterrent. For families pooling resources across generations, the practical configuration was exactly what they were looking for.
Before the scheduled auction could take place, a family from Brisbane’s north side — who had previously lived in Mansfield and were hoping to return to the suburb — made an offer the vendors simply could not walk away from. The sale was completed as an unconditional cash contract at $2.52 million, bypassing the auction process entirely.
By comparison, 2 Mansfield Place — another five-bedroom, three-bathroom home on the same street — had changed hands just one month prior for $2.035 million, a difference of $485,000.
Wong said the result exceeded what the vendors had anticipated going in. The new owners, a young family with two children, reportedly have builders already lined up and plan to renovate once they move in.
The sale reflects a broader shift Wong has observed in Brisbane’s property market, where homes suited to extended family arrangements are becoming increasingly sought after. He noted that when multiple generations combine their purchasing power — and compete alongside interstate and overseas buyers — properties near well-regarded schools that offer flexible living configurations tend to generate particularly fierce competition.
Mansfield, a leafy suburb roughly 12 kilometres south of the Brisbane CBD, has long been popular with owner-occupiers and families, and is home to Mansfield State High School, one of Queensland’s higher-performing state secondary schools.
Published 13-April-2026
