This house at 88 Strathmore St, Kedron was popular with families wanting to move into the area.
THE market for new houses in Kedron is growing as buyers look for convenience and time savings.
Place Newmarket’s Matthew Jabs said 88 Strathmore St, Kedron, built in 2016, sold for $884,500 to a family wanting to relocate closer to school.
A brand new four bedroom house at 18 Araluen St, Kedron settled for $960,000 to a family who didn’t want to build themselves.
“One family was downsizing from a bigger house in McDowall to be close to the school, and the other young family were living in an older house, didn’t want to go through the headaches of building and wanted a modern home that they could just move in to,” Mr Jabs said.
He said internal houses sizes of less than 300sq m generally sell for up to $1 million.
“And then we have sold a couple of million dollar stock that is not even going to market,’’ he said.
“Sometimes a house is under construction and a buyer will jump in and get it.”
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Kedron is the fourth highest growth suburb for house sales in Brisbane North according to Real Estate Institute of Queensland figures, with growth of 4.9 per cent reported in the June quarter.