Times of India·3 min read·easy

Brisbane family home held for 105 years sells for A$2.03 million

T
TOI REAL ESTATE DESK
Brisbane family home held for 105 years sells for A$2.03 million
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A historic Queenslander-style home in Brisbane, held by the same family for 105 years, has been sold at auction for A$2.03 million. The property attracted significant interest, with ten registered bidders competing for the century-old residence.

Why it matters

The sale highlights the enduring value of historic real estate and the competitive nature of the Australian property market.

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A 98-year-old woman in Brisbane, Australia, has sold a house that her father built in 1921, bringing an end to 105 years of ownership by the same family. The three-bedroom property, located at 87 Khartoum Street in Gordon Park, was sold at auction for A$2.03 million after attracting interest from several buyers.According to a report by Australian property website Domain, the house stands on an 810-square-metre block in Brisbane's inner-north suburb. Ten bidders registered for the auction, including first-home buyers, couples and families. Five of them actively participated in the bidding before the property was sold to a local family.The house had remained with the original owner's descendants since its construction in 1921. Several generations of the family were born there, making the sale significant for its long ownership history.

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