Hunt for room to move finding ‘bang for buck’

first_imgThe home at 48-50 Sugarwood Place, Cornubia sold for $870,000A BRISBANE-based couple who purchased a five-bedroom home in Cornubia are part of a larger trend of city folk buying in the area. Elders Logan marketing agent Nathan Strudwick said the property at 48-50 Sugarwood Place sold for $870,000 last week. “There was a lot of interest in this home,” he said. “It was a real Queensland lifestyle home with outdoor deck, a pool and room for the kids to run around. “We had about 35 people through the open homes and there were three groups of offers on it.” The home at 48-50 Sugarwood Place, Cornubia was built for family living“This has become a common trend, people looking for value for money at the high end of the market there,” he said. “They’re selling their small homes in the city and buying big family homes out there, in areas such as Cornubia, for the same money.” Mr Strudwick said Cornubia, in particular, was a “hidden gem” that people outside of the Logan area were only just discovering. “It’s a tightly held area — families don’t like leaving,” he said. “We’re seeing more buyers than sellers out there at the moment and I expect that to continue.” More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020The open plan living area at 48-50 Sugarwood Place, CornubiaMr Strudwick said the vendors were happy with the sale and the new owners couldn’t wait to move in. “One of the buyers is a keen mountain biker and he wanted the location for the nearby forest,” he said. Mr Strudwick said the buyers weren’t the only Brisbane residents looking for more bang for their buck in the Logan area. last_img

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