real estate Archives - Kangaroo Point News

Secret Kangaroo Point Apartment Sale Sets New Brisbane Market Record

A secret sale at Kangaroo Point’s Walan building has rewritten the suburb’s apartment record books, with a full-floor penthouse at 14/2 Scott Street changing hands for $14.75 million — surpassing the previous high by $3.7 million and making it the largest apartment sale in Brisbane so far this year.

The deal was handled quietly by Heath Williams of Place New Farm, who said the sale was never publicly advertised. Rather than a broad marketing campaign, the property was introduced directly to prospective buyers through a selective network of trusted contacts — a strategy Williams says is becoming more common at the top end of the Brisbane market.

The Walan is a 14-storey residential building completed in 2018, comprising just 14 whole-floor apartments. The penthouse itself offers sweeping views of the city skyline and river, generous entertaining terraces, and the kind of layout that prioritises both scale and privacy.

For locals who walk past the building on Scott Street — tucked neatly between the cliffs and the river — it might come as little surprise that one of its residences commands such a price. The building has long been considered one of the more architecturally considered addresses in the suburb.

The previous record for a Kangaroo Point apartment was $11.05 million, paid last year for an off-the-plan purchase in the Heirloom development, which is still under construction. The suburb’s house price record remains $15 million, set in 2021 for a property at 1 Leopard Street.

According to PropTrack data, the median unit price in Kangaroo Point now sits at $840,000 — up 16.4 per cent over the past 12 months — reflecting a broader upward trend that this latest sale sits well above.

Williams said buyers and sellers at this price point are typically experienced property owners making considered moves rather than entering or leaving the market altogether. The appeal, he suggested, is less about fanfare and more about finding the right match between a property and the right buyer, at the right moment.

The Kangaroo Point sale came shortly after Williams also negotiated an off-market deal for Teneriffe House, which set a suburb record of its own. That sale price has not been officially disclosed, though industry sources have indicated it exceeded the recent $18.5 million sale of a New Farm property on Elystan Road, making it the highest recorded residential sale price in Brisbane in 2026.

Published 5-March-2026

Kangaroo Point’s High-end Market Surges with $11M Riverfront Sale

A full-floor apartment at 4/4 Macdonald Street, Kangaroo Point, has sold for $11.05 million, underscoring continued demand for design-led riverfront residences in one of Brisbane’s most desirable suburbs.

Read: Luxury Apartments, Heirloom, with Story Bridge Views Coming to Kangaroo Point

Situated along Kangaroo Point’s riverfront, the apartment forms part of Heirloom, a boutique development of just five full-floor homes. To be developed and delivered by Molti, with architecture by bureau^proberts and interiors by Carr, the project is recognised for its craftsmanship and attention to detail.

Heirloom’s curved façade follows the natural bend of the river, designed to capture sweeping views from the Story Bridge to the Green Bridge. The architecture responds to its surroundings, integrating cascading greenery that complements the parkland setting and ties the building into its environment.

The Level 4 residence spans more than 343 square metres, featuring four ensuited bedrooms, a powder room, and a secondary living area. A grand entry opens into generous open-plan living and dining spaces oriented towards the water. Expansive living areas front the view and open onto terraces that provide uninterrupted outlooks of the river and city skyline.

Inside, the interiors are defined by refined materials including natural stone, brushed metal, and warm timber tones, creating an elegant and enduring feel. The kitchen features a five-metre natural stone island bench and integrated appliances, with custom joinery providing both function and style. The master suite enjoys river and city views, a freestanding bath positioned to the outlook, and extensive walk-in storage.

Residents will also have access to a wellness retreat on the ground floor, which includes a boutique gym, sauna, and hot and cold plunge pools. The inclusion of these amenities reflects the project’s emphasis on privacy and liveability across its five-residence design.

The $11.05 million sale contributes to a growing list of high-value transactions that highlight Kangaroo Point’s appeal among buyers seeking space, design, and riverfront access. With its proximity to the Brisbane CBD and direct views of the Story Bridge and new Green Bridge, Kangaroo Point continues to attract interest from those looking for premium homes in a central location. The property was marketed by Phillip Rand of WHITEFOX Brisbane.

Read: Kangaroo Point Riverfront Sub-Penthouse Achieves $8.5 Million Sale

As Heirloom takes its place along the river’s edge, the sale of 4/4 Macdonald Street underscores the suburb’s position as a key location for high-end apartment living in Brisbane.

Published 22-October-2025

Kangaroo Point Riverfront Sub-Penthouse Achieves $8.5 Million Sale

Photo Credit: Place

A prestigious riverfront apartment in Kangaroo Point has sold for $8.5 million, claiming the top position amongst Brisbane’s luxury unit sales in the first full week of October.

The three-bedroom sub-penthouse at 18E/39 Castlebar Street commanded the highest price amongst apartment sales finalised during the week, according to property tracking data from Prestige Property AU. The sale represented one of four apartments featured in the top 10 recorded sales across Queensland, with the combined apartment sales totalling more than $20 million.

Real estate agents Simon and Courtney Caulfield from Place Estate Agents handled the sale, which concluded so swiftly that scheduled open homes were cancelled after a buyer made an offer the vendors accepted.

Located within the exclusive Castlebar Cove complex, the property spans 470 square metres of internal and external living space. The residence boasts a unique position as the only apartment on its floor, accessed by a private lift that opens directly into the home.

The sub-penthouse features commanding north-east river frontage stretching more than 20 metres, with panoramic views across the Brisbane River. The interiors showcase travertine and timber finishes throughout the expansive layout.

Inside, residents enjoy multiple living spaces including an open-plan area with a fireplace that extends to a covered balcony wrapping the entire river-facing side of the home. The outdoor entertainment area includes a built-in barbecue and servery, designed for year-round use.

The northern-positioned gourmet kitchen features stone benchtops, timber details and Miele appliances, with space for casual bench seating as well as a formal dining table accommodating more than 10 guests.

The primary bedroom suite opens onto the riverfront terrace and includes substantial wardrobe space and an ensuite bathroom fitted with a bath, walk-in shower, double basin and its own Juliet balcony. Two additional bedrooms, each with ensuites and built-in robes, provide accommodation for family or guests.

Additional spaces include two extra living areas, a library, full laundry, powder room and ducted air conditioning. The property includes secure basement car parking for multiple vehicles plus a lock-up garage totalling 85 square metres.

A notable inclusion is the exclusive-use 60-foot marina berth with three-phase power—an uncommon feature for inner-city riverfront apartments.

Castlebar Cove residents have access to resort-style facilities including a fully equipped gymnasium, lap pool, riverfront lawn, steam room, sauna, and hot and cold plunge pools. The complex’s grand foyer features a piano and entertainment spaces.

The substantial sale reflects continued demand for premium riverfront property in Kangaroo Point, where Castlebar Cove has established itself as one of the suburb’s most sought-after residential addresses.

Published 13-October-2025

Landmark Queenslander Fetches $6.6 Million at Auction

Photo Credit: Place

A historic Queenslander in Kangaroo Point has sold for $6.6 million at auction. The sale of “Rockfield” at 19 Leopard Street was one of 86 auctions scheduled in Brisbane on Saturday, June 8, 2024.

Place Bulimba agents Sarah Hackett and Lauren Marmotta marketed the property, which attracted significant interest during its campaign. Ms. Hackett reported that over 100 families viewed the home, with four registered bidders participating in the auction held on a balcony overlooking the Brisbane River.

“The opening bidder actually ended up with the property,” Ms. Hackett said. “It’s going to be their family home.” The winning bid came from a local buyer, securing what has been described as a “once-in-a-lifetime opportunity.”

The marketing strategy targeted local schools and three major hospitals due to their proximity. “We had a couple of doctors registered to bid due to the convenience of being around the corner from the hospitals,” Ms. Hackett added.

Rockfield, an immaculately renovated Queenslander, offers panoramic views of the Brisbane River, city skyline, and Botanic Gardens. The property combines historical charm with modern conveniences, making it a highly sought-after residence.

Linda Butler, the seller, has owned Rockfield since 1997. “It’s one of those houses that you drive past and when it came on the market, I just knew it was a once in a lifetime opportunity,” Ms. Butler said, reflecting on her initial purchase.

This sale comes amid a surge in Brisbane’s auction market. PropTrack data indicates that 124 properties were set for auction this week, marking a 20% increase compared to the same period last year. The market also features entry-level homes and properties attractive to developers and investors.

Published 7-June-2024