A Morningside home once owned by Australian cricket fast-bowling legend Jeff Thomson fetches $4,965,000, more than quadrupling the suburb’s median house price. The historic Queenslander home is located at 28 Algoori Street.
The median house price in Morningside currently stands at $1.15 million, having surged an impressive 66.4% over the past five years. This latest high-profile sale is likely to further boost property values in the area.
Known as “Toronto,” the five-bedroom, four-bathroom Queenslander sits on a generous 4,047 square meter lot, a rarity in this increasingly sought-after suburb. The property’s size and historic significance make it a standout in Morningside’s real estate landscape.
Sarah Hackett from Place Estate Agents Bulimba, who handled the sale, noted the broad appeal of the property. “The campaign for this property resonated widely, attracting a diverse array of interested buyers from locals seeking more space to expats and interstate buyers,” Hackett stated. This interest reflects Morningside’s growing attraction to a variety of homebuyers and investors.
The property’s amenities, including a pool, outdoor kitchen, and even Thomson’s original cricket pitch, showcase the potential for luxury living in Morningside. Such features are likely to set new standards for high-end properties in the area.
Published 6-July-2024
