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InvestAus

Mortage Broker , Sydney Region

QLD: Brisbane got highest price since COVID-19 restrictions were ease

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A riverfront home has sold in Brisbane for what is believed to be the Queensland capital’s highest price since COVID-19 restrictions were eased.
The six-bedroom home at 80 Cubberla Street in Fig Tree Pocket sits on a massive 1.09 hectare (10,900sq m) block and has more than 60m of river frontage.

“The property was aimed in the $3 millions and that’s where it sold,” Mr Johnston said.
The price is believed to be the highest fetched by a Brisbane property since the pandemic restrictions were eased.

“We’ve had multiple people try to buy it before auction and post. This buyer hung in there, went cool when the virus first hit but now that the sky seems to be clearing very quickly, they reaffirmed their genuine interest in what is a landmark riverfront property.”

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