34 Myrtle Close, Mount Sheridan – Sold for $718,000
If you saw this result, it probably felt about right.
Not cheap.
Not extreme.
Right in the middle.
That’s exactly why it matters.
Property Snapshot – 34 Myrtle Close, Mount Sheridan QLD
• Sale Price: $718,000
• Land Size: 300m²
• Configuration: 3 bed, 2 bath, 1 car
• Key Features: Pool, modern kitchen, private courtyard, cul-de-sac position
• Condition: Well-presented, move-in ready
At face value, this is not a large block.
It’s not a high-end luxury build.
So why does it sit firmly in the mid $700Ks?
Where This Sits in the Mount Sheridan Market
Let’s ground it:
• Entry level: ~$600K–$660K
• Core market: ~$650K–$750K
• Premium lifestyle: ~$750K–$850K
This sale sits right in the core.
But leaning toward lifestyle.
What Buyers Actually Paid For
This is where it connects to how people actually live in Mount Sheridan.
This is not about size.
This is about ease of living.
• Low-maintenance block
300m² means less upkeep. That appeals to downsizers and busy families.
• Outdoor lifestyle
Pool, courtyard, shaded patio. This is usable, everyday space.
• Presentation
Clean, modern, nothing to fix. Buyers walk in and feel comfortable.
• Quiet positioning
Cul-de-sac location. Less traffic. More privacy.
This is a lifestyle package.
What Locals Actually Value (This Is the Key Layer)
When you listen to people living in Mount Sheridan, this sale makes complete sense.
They consistently describe the suburb as:
• Quiet
• Relaxed
• Easy to live in
And that’s exactly what this property delivers.
Lifestyle Match
Locals talk about:
• Less traffic
• A calmer pace
• A “chilled” day-to-day feel
This home fits that perfectly.
Small, manageable, peaceful.
Location Match
Mount Sheridan sits:
• Close to the CBD
• Far enough to avoid congestion
A home like this, in a quiet cul-de-sac, strengthens that appeal.
Convenience Match
The suburb offers:
• Shopping centre
• Schools nearby
• Daily essentials within minutes
So buyers don’t need a big block.
They need functionality.
The Comparison That Matters
Now look at the spread:
• 10 Bulimba Crescent – $660,000 (larger block, lower finish)
• 34 Myrtle Close – $718,000 (smaller block, higher lifestyle)
• 47 Kendall Street – $741,000
• 7 Red Gum Close – $845,000
This shows you something clearly.
Buyers are trading land for lifestyle.
The Insight This Sale Gives You
Mount Sheridan is not just splitting by price.
It’s splitting by buyer intent.
You now have:
• Investors chasing land and yield
• Families chasing space
• Lifestyle buyers chasing ease and presentation
34 Myrtle Close speaks directly to that third group.
What This Means for Buyers
At this level, you’re deciding:
• Do I want more land?
or
• Do I want less work?
This property is the second option.
It’s built for people who value:
• Simplicity
• Comfort
• Low maintenance living
What This Means for Sellers
If your property is:
• Well presented
• Low maintenance
• In a quiet street
• With usable outdoor space
You don’t need a big block to achieve a strong result.
But it must feel easy.
That’s the trigger.
The Bigger Picture: Mount Sheridan Right Now
Mount Sheridan works because it aligns with what buyers want today.
Not flash.
Not overbuilt.
Just:
• Practical
• Liveable
• Convenient
And that’s exactly how locals describe it.
Final Insight
This sale isn’t about land.
It’s about lifestyle.
And in Mount Sheridan right now, buyers are increasingly choosing homes that feel easy to live in over homes that simply offer more space.
Thinking About the South Side Market?
I track every sale across Mount Sheridan, White Rock, Bentley Park and beyond.
Not just prices, but how buyers actually make decisions.
If you want a clear view of where your property sits, reach out.
Jeff Rufino
0411 530 910
This is an independent market analysis based on publicly available information and recent comparable sales.