Brisbane home doubles in value in a year with buyers ‘afraid to renovate’

News Corp Australia Network

This property at 20 Carnoustie Court, Indooroopilly, has just sold for $4.91m – Lambo not included.

---

A FULLY renovated home in Brisbane’s west has sold in three days for double what the owner paid for it less than a year ago in further evidence demand for ‘ready-to-move-into’ properties is at a premium.

As new figures reveal construction costs have hit a new high, the property at 20 Carnoustie Court, Indooroopilly, has fetched $4.91m in a cash…