A Brookfield property that couldn’t be walked through, hadn’t been cleaned out, and went to auction without buyers ever setting foot inside just sold for $1.281 million, with 40 registered bidders turning up to try their luck.
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The property at 77 Nioka Street went under the hammer on 10 February, listed and auctioned by the Queensland Public Trustee.
The listing was refreshingly blunt about what buyers were in for: “Please note that this property is heavily overgrown and the house is full of items. There is a great deal to do, but the pay-off is there in the long run with this amazing hectare of land in one of Brisbane’s most exclusive suburbs.”
No inspections were permitted. No price guide was offered. And still, 40 people registered to bid.
So what were they actually buying? On paper, it’s a solid brick four-bedroom home with a dining and living room, study, kitchen, basement, double carport and a non-certified pool — all sitting on a full hectare of land just 17 kilometres west of the Brisbane CBD.
In practice, it’s hard to look past the land as the primary drawcard. Brookfield has long been known as a suburb where large blocks rarely change hands, bordering Kenmore and Chapel Hill in the city’s sought-after western corridor.
The listing painted a vivid picture of the potential: “If this secluded paradise wasn’t enough, you’re also surrounded by lots of beautiful green spaces with hikes and views galore. Local natural attractions include Moggill Conservation Park, Gap Creek Reserve, JC Slaughter Falls, Gold Creek Reservoir, Brookfield Showgrounds and Mount Coot-tha Forest to name a few.
“This is an amazing opportunity to turn this large block into your own slice of paradise. Take inspiration from your neighbours with large country style homes, pools, tennis courts, or design it your way.”
Anyone surprised by the result hasn’t been watching the Brisbane market closely. According to PropTrack, Greater Brisbane’s median house price hit a new record of $1.203 million in February 2026, a rise of 14.7 per cent in just the past year, cementing the city’s position as Australia’s second most expensive capital city behind Sydney.
That kind of growth has a predictable effect on buyer behaviour. When a hectare in Brookfield hits the market, even one that requires considerable work to bring back to its potential, serious buyers pay attention. Brisbane’s housing supply has remained persistently below demand, with population growth creating pressure for tens of thousands of new dwellings that simply haven’t been built, a dynamic that continues to fuel competition across the market.
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For the buyer of 77 Nioka Street, the road ahead is considerable. There’s a property to clear, an overgrown block to tame, a pool to certify, and an entire renovation to plan from scratch. But in a suburb where neighbours have built country-style homes with pools and tennis courts on similar-sized blocks, the upside is easy enough to see, which is precisely why 39 others registered to bid.
Published 11-March-2026
