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    The trends, features 
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    luxury in 2026

    LUXURY OUTLOOK REPORT OUT NOW

    Located at 23 Kennedy Terrace, East Brisbane, the corner-positioned block features a massive 34.5-metre frontage with ground-floor city views.

    The site, which was sold by Ray White Bulimba principal Brandon Wortley, attracted a lifestyle-driven owner-occupier who is relocating from Melbourne to build their dream home in one of Brisbane’s fastest-evolving pockets.

    The property previously featured a modest, post-war one-bedroom, one-bathroom home.

    Mr Wortley said the previous owners purchased the site in May 2025 with plans to construct a bespoke architectural masterpiece.

    “After successfully demolishing the original structure and securing fully approved, high-end luxury home designs from the renowned OH Architecture, a sudden geographic change in circumstances saw them pivot to sell the vacant land,” he said.

    Mr Wortley said the transaction reflects a broader realisation among buyers that East Brisbane is no longer a hidden secret, but rather a premium powerhouse market in its own right.

    "East Brisbane is perfectly sandwiched between far more expensive markets, sitting equidistant between New Farm and Bulimba while remaining an easy, scenic walk straight into the central business district,” Mr Wortley said.

    “The suburb's social scene has also woken up significantly over the last few years, with numerous dining options, micro-breweries, and boutique cafes now open right on the doorstep.”

    The sale highlights a critically limited supply of inner-city land at a time when Brisbane is experiencing unprecedented infrastructure investment and global attention, he said.

    “The area is undergoing a significant transformation as Brisbane evolves on the world stage,” Mr Wortley said.

    “With the city preparing for the 2032 Olympic Games, unprecedented levels of infrastructure investment, connectivity upgrades, and global attention are already driving increased demand across inner Brisbane.

    “As supply remains critically limited and opportunities to secure vacant land continue to disappear, sites of this nature are incredibly rare.”

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