Brisbane is stepping into the spotlight of luxury real estate. Often overshadowed by Sydney and Melbourne, Brisbane is now attracting affluent buyers with its warm climate, relaxed lifestyle, and growing prestige property market.
From stunning riverfront estates to sleek city mansions, Brisbane offers a variety of high-end homes that rival any in Australia. Whether you’re looking for a lavish new residence or curious about the priciest properties, Brisbane’s luxury real estate market has something for everyone.
In this article, we’ll explore the most expensive houses ever sold in Brisbane, including the record-breaking Amity House, and highlight some of the priciest homes currently on the market. Get ready to discover the finest homes Brisbane has to offer.
Brisbane’s Most Expensive Home: Amity House, 101 Welsby Street
- Selling Price: $20.5 million
- Buyer: Adam Beswick, Managing Director of M2P Engineering
- Sold Date: April 2023
The landmark riverfront estate, Amity House, has set a new record as Brisbane’s most expensive home, selling for an astounding $20.5 million in April 2023. The mystery buyer was revealed to be Adam Beswick, the managing director of mining equipment business M2P Engineering.
Amity House is a historic abode located at 101 Welsby Street. It holds a significant place in Brisbane’s history, believed to be the city’s last surviving 19th-century riverfront residence. The home was built in 1892 for Thomas Welsby, a prominent businessman, politician, historian, and sportsman.
Welsby was the president of Queensland Rugby Union and founded the Brisbane Sailing Club, which later became the Royal Queensland Yacht Squadron.
The estate features terraced gardens and intricate hedging, maintaining its historic charm and grandeur. Amity House remained in the Welsby family until the 1950s when it was sold to the sugar refinery CSR Ltd.
In the 1980s, the Commonwealth government acquired the property, making it the state’s principal naval residence connected to the HMAS Moreton.
The recent off-market deal was handled by Ray White Collective’s Matt Lancashire, who facilitated the transaction between Beswick and the outgoing vendors, Brisbane architect Tony Dempsey and his wife, Poppy.
The sale of Amity House marks a significant moment in Brisbane’s real estate history, showcasing the city’s growing prestige in the luxury property market.
Most expensive houses sold in Brisbane
Brisbane’s Second Most Expensive Home: 154 Virginia Avenue, Hawthorne
154 Virginia Avenue, Hawthorne
Selling price: $15 million
Sold on 7 Feb 2022, this gorgeous riverfront estate in Hawthorne has a land size of 2,110 sqm and is complete with a tennis court, swimming pool and private beach and jetty, all of which look over the spectacular 27-metre river vista.
Originally owned by Brisbane Lord Mayor Clem Jones, the property was bought by Park Rd developer James Penny in 1985 and subsequently Peter Hawes, a doctor and championship athlete.
Brisbane’s Third Most Expensive Home: 1 Leopard Street, Kangaroo Point
1 Leopard Street, Kangaroo Point
Selling price: $15 million
Early in 2021, another mega-mansion sold for the same price of $15 million—this sultry, sleek palatial residence in Kangaroo Point.
With six bedrooms and six bathrooms perched upon the clifftops of Kangaroo Point, this is truly a dream home. A private elevator takes you between the three floors of luxury living, complete with a soundproof cinema room, private spa and huge swimming pool, and wine cellar.
It was sold to Mr Morris, the CEO and MD of private wealth management group, Ord Minnett, and his wife, Louise, who were looking to downsize after three of their five children had moved out. The home had been on the market since 2019.
Its previous owners had paid $18.488 million for the property in 2017, making it the most expensive house sold in Brisbane that year.
Brisbane’s Four Most Expensive Home: 14 Sutherland Ave, Ascot
14 Sutherland Ave, Ascot
Selling price: $13 million
Sitting on a tree-lined street boasting some of Brisbane’s finest real estate is this impeccable blue-chip home.
The house was constructed in the 1880s and was on the market for a mere three weeks before it was sold to a local developer and his family. The 4,664 sqm residence has six bedrooms, a tennis court, swimming pool and spa with a commercial grade kitchen.
Brisbane’s Five Most Expensive Home: 31-33 Moray Street, New Farm
31-33 Moray Street, New Farm
Selling price: $11.3 million
While this piece of Brisbane real estate isn’t a house just yet, it’ll be worth over $20 million upon completion. Talk about an expensive house!
In 2019, Jamie Pherous acquired the plot of land at 31-33 Moray Street, New Farm for $11.3 million. The block had previously belonged to Jane Gibson, the spouse of famous local architect, Robin Gibson, who had acquired it in 1985 for only $200,000.
Jane Gibson, the widow of celebrated Brisbane architect Robin Gibson, who acquired the site in 1986 for just $200,000.
The new owners have commissioned Tim Stewart Architects to design the new 4-storey, 6-bedroom build, which will feature a basement car parking, games room and gym that connects to the clifftop pool and pool deck.
Most expensive houses on sale in Brisbane
Now that we’ve covered the most expensive houses in Brisbane over the past few years, let’s see what’s on the market right now.
37 Upper Cairns Terrace, Paddington
Price guide: $3 million
Warm, spacious with plenty of outdoor space, this 4-bedroom house is on sale on one of Brisbane’s most sought after locations.
We’re instantly welcomed by homey elements like polished timber floors, a cosy fireplace and ornate fretwork.
Families will love the multiple living areas and an open space plan that seamlessly blends the indoors with the leafy exterior.
36 Langside Road, Hamilton
Price guide: $8.5 million
Step into a world of award-winning opulence with ‘TORRE’, the latest masterpiece on Hamilton Hill. This Spanish-inspired residence, a collaboration between Capital Luxury Residences and Mason Bright Architects, commands stunning views of the city skyline and Brisbane River.
- Property Size: 730 sqm across three storeys
- Features:
- Smart home automation
- Five bedrooms, four bathrooms
- Eight-car accommodation
- Gym, office, multiple living and entertaining areas
- Chef’s kitchen with Gaggenau appliances and butler’s pantry
- Outdoor kitchen, firepit patio, and swimming pool
- Private entertainment lounge and expansive alfresco terrace
- Parents’ retreat with a lavish dressing room and marble ensuite
‘TORRE’ seamlessly blends luxury and comfort with marbles, Travertine tiles, bespoke lighting, and engineered oak floors. Enjoy breathtaking views from every angle, including the stunning Gaggenau kitchen and the parents’ retreat.
Located in Brisbane’s most exclusive hillside setting, this property is within easy reach of cafes, restaurants, shopping, and top schools. Just 15 minutes from the CBD and airport, ‘TORRE’ offers an unparalleled opportunity in a premier enclave.
47 Yarawa Street, Kenmore
Price guide: TBD
Experience the perfect blend of city convenience and rural tranquility at this remarkable Kenmore estate. Set on seven lush acres, this sprawling six-bedroom home offers a sanctuary-like lifestyle with ample space for your entire family, pets, and even ponies.
- Property Size: Seven acres of private, park-like land
- Features:
- Six bedrooms, three bathrooms
- Separate studio or two-bedroom granny flat
- Gourmet kitchen with European appliances
- Multiple living and entertainment areas
- High ceilings, ducted air-conditioning, wood-burning fireplace
- Personal gym, home office, and abundant storage space
- Three-car lock-up garage, four-car carport, and dual bay shed
Outdoor Amenities:
- Equestrian Facilities:
- Stables and professional-sized riding arena
- Adjacent to Yarrawa Pony Club
- Recreational Features:
- Full-size tennis court with night lighting and basketball
- Inground pool and private dam with jetty
- Direct access to Moggill Creek for kayaking, jet skiing, fishing, and crabbing
Located just minutes from shops, excellent schools, and every city amenity, this property offers the best of both worlds. Enjoy easy access to the Centenary Highway and proximity to Kenmore and Kersley Road Shopping Villages, Mt Ommaney Shopping Centre, and Indooroopilly Shopping Town.
The home is within the catchment for Kenmore South State School and Kenmore State High School, with additional nearby options for private education.
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FAQ Section on ‘The Most Expensive Houses in Brisbane’
What are the best suburbs to invest in Australia 2024?
The most promising suburbs for investment in Australia in 2024 include Manly and Parramatta in NSW, along with Newcastle and Wollongong in regional NSW. Additionally, Fortitude Valley and South Brisbane in QLD are considered top choices.
What is the richest suburb in Adelaide?
Medindie, located in Northern Adelaide, is considered the richest neighborhood in the city. As of 2023, its median house price stood at $2,950,000, with a median apartment unit price of $543,000. Households in Medindie typically earn an average weekly income of $3,750.
Which suburbs will boom in Adelaide?
For 2024, the top Adelaide suburbs expected to experience growth include Bridgewater, Virginia, Osborne, Somerton Park, Angle Vale, Underdale, Christies Beach, and Munno Para West.
Where is the best place to buy in Australia 2024?
In 2024, the best places to buy in Australia are Sydney suburbs like Wiley Park and Kensington. In South East Queensland, Caloundra West and Southport are top picks, along with Carlton and Moonee Ponds in Melbourne.
