High-end Westlake homes bring in $1 million-plus buyers

first_img64 Callabonna Street, Westlake.Demand has ramped up for quality property in Westlake, according to Lauren Xing, sales executive at Brisbane Real Estate.Ms Xing said the sale of 64 Callabonna St for $1.25 million on October 16 showed demand was rising for high-end homes in quiet, near river positions.“There’s good money if it’s a good quality home,” Ms Xing said.“This was a special home with six-bedrooms, four-bathrooms, two-car garage plus car space, 11 years old and on a very nice street,” Ms Xing said. More from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019“Anything that features near the water is selling very well in Westlake,” she said.Ms Xing said the buyers were from interstate and on her database as ready to buy when the right property became available.Ms Xing said a certain demographic has dominated in the market of late.“Mostly families. Professionals with young children looking for good schools and facilities,” she said.Ms Xing said demand was outstripping supply and listings have been dwindling.“Stock is a low – we need more good stock on the market,” she said.last_img

Leave a Reply

Your email address will not be published. Required fields are marked *