In one of Brisbane’s most exclusive postcodes, a heritage home at 104 Alexandra Road, Ascot has made headlines after selling for about $9.8 million — and it happened in just five days.
The sale marks a new record for Alexandra Road, a street already known for its grand homes and leafy outlook.
The Home and Its History
The property sits on a generous 1,275-square-metre block and features four bedrooms, five bathrooms, and parking for four cars. Originally built around 1936, it was carefully modernised to balance its classic charm with contemporary comfort.
The design encourages indoor-outdoor living, with wide terraces, open pavilions, and landscaped gardens that make the most of Queensland’s subtropical climate.
Among its standout features are a 25-metre lap pool, a separate pool house, and an underground level that includes a wine cellar, cold room, and four-car garage. Smart-home technology has been integrated throughout, along with a sustainable irrigation system.
The Sale and Its Significance
The property was listed through Ray White New Farm and attracted strong buyer interest immediately. Despite its premium price point, the campaign lasted less than a week before a sale was finalised.
The quick turnaround reflects both the limited supply of prestige properties and the continued strength of Brisbane’s high-end housing market. Industry analysts noted that few properties in Ascot or nearby Hamilton achieve prices near $10 million, making this transaction a clear indicator of confidence in Brisbane’s luxury sector.
Agents described it as a new benchmark for the suburb and a sign that demand for top-tier homes remains firm even amid broader economic uncertainty.
A Record and a Reflection of Demand
The vendors, who had owned the property for about 15 years, decided it was time to move on, opening an opportunity for a new buyer to take on one of the suburb’s standout homes. The sale adds to a growing list of multimillion-dollar results across Brisbane’s inner north, a trend driven by limited stock and a preference for established prestige suburbs like Ascot.
The success of this short campaign highlights that well-presented, architecturally distinctive homes continue to attract buyers quickly when they appear on the market. It reinforces Ascot’s long-standing reputation for elegance, privacy, and lifestyle — qualities that make it one of Brisbane’s most desirable addresses.
Published 22-Oct-2025
