Demand for homes at Sunnybank Hills is pushing up prices

first_img107 Terowi Street, Sunnybank HillsA THREE-bedroom home at Sunnybank Hills has sold for $747,000.Place Coorparoo lead agent Kevin Chiu said it was an impressive result for the relatively small family home at 107 Terowi St, which sat on a 604sq m block.“Considering the size of the house, $747,000 is an excellent price,” Mr Chiu said.He said the 1980s built home was unique as it was architecturally designed to take advantage of the north facing aspect, which kept it cooler in summer and warmer in winter. It was also on a slope so had great views.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 2020107 Terowi Street, Sunnybank Hills“That’s what caught a lot of attention – the amazing views,” Mr Chiu said.According to latest CoreLogic market trends data, the median sale price for a home at Sunnybank Hills was $678,000.Mr Chiu said it was a popular suburb and in high demand.“It’s probably one of the most active suburbs,” Mr Chiu said.Place Sunnybank director Owen Chen agreed, explaining that there had been rapid growth in the area over the past four years but the market had stabilised in recent months.“It’s more balanced and healthy,” Mr Chen said.last_img

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