Lot 91 Tana Heights, Mount Sheridan

If you saw this result, you probably paused.

That’s not the average.

But it’s also not random.

Property Snapshot – Lot 91 Tana Heights, Mount Sheridan QLD

• Sale Price: $980,000
• Land Size: 694m²
• Building Size: ~248m²
• Configuration: 4 bed, 2 bath, 2 car
• Key Features: Elevated position, large internal layout, high-end kitchen, wide patio
• Condition: Brand new, move-in ready

This is not a standard resale.

This is a new-build product in a premium estate.

Where This Sits in the Current Mount Sheridan Market

Let’s ground this properly.

• Entry level homes: $600K–$650K
• Core market homes: $650K–$750K
• Upgraded / lifestyle homes: $750K–$850K

Then you have this.

$980,000.

This sits above the existing ceiling.

What Buyers Actually Paid For

This is not just a house purchase.

This is a new-build premium package.

• Scale
248m² under roof. This is significantly larger than standard homes in the suburb.

• New construction
No renovations. No uncertainty. Everything is complete from day one.

• Elevated estate positioning
Rainforest Edge Estate carries a different perception to older pockets.

• High-end inclusions
Stone benchtops, butler’s pantry, modern bathrooms. This is built to impress.

• Energy efficiency
10.56kW solar system. Ongoing cost reduction matters at this price point.

This is a full package.

Not a project.

The Comparison That Matters

Look at the recent sales:

• 14 Caper Street – $650,000
• 34 Myrtle Close – $718,000
• 47 Kendall Street – $741,000
• 7 Red Gum Close – $845,000

Now place this sale above all of them.

It doesn’t compete with them.

It sits in a different category.

The Insight This Sale Gives You

Mount Sheridan now has three clear layers.

Standard homes
Renovated / lifestyle homes
New-build premium product

This sale confirms the third category exists.

And buyers will pay for it.

What This Means for Buyers

At the top end of Mount Sheridan, buyers are no longer comparing:

• “Is this better than the house next door?”

They are asking:

• “Do I want brand new?”
• “Do I want zero work?”
• “Do I want modern design and space?”

If the answer is yes, they step into a different price bracket.

What This Means for Sellers

If your home is:

• Older
• Standard finish
• Typical layout

You are not competing with this sale.

But if you are:

• Building new
• Fully renovating
• Creating a high-end product

This result shows the ceiling is moving.

The Bigger Picture: Mount Sheridan Right Now

Mount Sheridan is no longer capped in the $700Ks.

It now has proven sales:

• Mid $600Ks → entry
• $700Ks–$800Ks → core and lifestyle
• $900K+ → new-build premium

This is a shift.

And it’s recent.

Final Insight

This sale is not about the suburb changing overnight.

It’s about product type changing buyer behaviour.

When you introduce new-build, high-spec homes into Mount Sheridan, buyers respond.

And they pay accordingly.

Thinking About Mount Sheridan?

I track every sale, every shift, and how buyers are actually making decisions across the South Side.

If you want clarity on where your property sits in this changing market, reach out.

Jeff Rufino
0411 530 910

This is an independent market analysis based on publicly available information and recent comparable sales.

Lot 91 Tana Heights, Mount Sheridan – Sold for $980,000