2024’s Top 5 Property Purchases: Case Studies From a Brisbane Buyer’s Agent
By Tim AllenBuyer’s Agent and Director, IPS Buyer’s Agents
Every year we look back at the purchases that best show what a buyer’s agent can do. In 2024, five purchases stood out, from a Hampton-style lifestyle property on acreage at Samsonvale to an affordable coastal unit on Bribie Island. Each one suited a different buyer and a different strategy, and together they show the range of opportunities across Greater Brisbane, Moreton Bay and Ipswich.
This article revisits our top five property purchases of 2024: what we bought, why each one worked, and the lessons they still hold for buyers in 2026.
First published December 2024 and expanded in October 2026. Prices are the purchase prices achieved in 2024; rental figures are as at the time of purchase. Past results are not a guarantee of future performance.
Our top 5 purchases of 2024 at a glance
| Rank | Suburb | Property | Price | Strategy |
| 1 | Samsonvale | 5 bed, 2 bath, 3-car garage on 1.47 ha | $1,950,000 | Luxury lifestyle home |
| 2 | Deception Bay | 4 bed, 1 bath on 1,012 m² | $628,000 | Land value and future upside |
| 3 | Churchill | 4 bed house plus 1 bed granny flat on 809 m² | $695,000 | Dual income, high yield |
| 4 | Burpengary | 3 bed, 1 bath on 800 m² | $600,000 | Family home with granny flat potential |
| 5 | Bongaree | 2 bed, 1 bath unit with garage | $485,000 | Affordable coastal lifestyle |
1. Samsonvale: Hampton-style luxury on acreage
5 bed, 2 bath, 3-car garage on 1.47 hectares. Purchased for $1,950,000, negotiated down from $2,100,000.
Our standout purchase of 2024. This Hampton-style home on a sprawling 1.47-hectare block offers the rare combination of prestige, space and rural charm within easy reach of Brisbane. Through careful negotiation we secured it for $150,000 below the original asking price, outstanding value for a property of this calibre.
Why it worked: lifestyle acreage close to Brisbane is in short supply, and high-quality homes on usable land attract strong owner-occupier demand. Buying well below the asking price also built in a margin of safety from day one.
Lesson for 2026: prestige and acreage homes often have fewer buyers, which gives a well-prepared buyer real negotiating power, especially in a softer market. Read the full Samsonvale success story and our tips for buying a luxury home in Queensland.
4 bed, 1 bath on 1,012 m². Purchased for $628,000.
Located about an eight-minute walk from the waterfront, this large block offered something increasingly rare in Moreton Bay: more than 1,000 square metres of land at an affordable price. The size opens up options for significant upgrades, a second dwelling or redevelopment in the future, subject to council approval.
Why it worked: land is the part of a property that appreciates; buildings depreciate. Big blocks close to the water combine lifestyle appeal with long-term development potential.
Lesson for 2026: focus on land value and future options, not just the house. See the Deception Bay success story and our Moreton Bay buyer’s agent page.
4 bed, 1 bath house with a 1 bed, 1 bath granny flat on 809 m². Purchased for $695,000, plus a $5,000 reduction negotiated after the building and pest inspection.
This property is a cash-flow standout. With rent of about $980 a week across the house and granny flat at the time of purchase, it delivered a gross yield of around 7.3%. Its position close to the University of Southern Queensland’s Ipswich campus and the Ipswich CBD supports consistent tenant demand.
Why it worked: two incomes from one title diversify risk and lift yield, and Ipswich’s rental market remains very tight, with a vacancy rate of about 0.7% in the June quarter of 2026.
Lesson for 2026: with interest rates at 4.60% and negative gearing being limited for established homes bought after 12 May 2026, strong rental yield matters more than ever. Read the Churchill dual-income success story and our Ipswich real estate market trends for 2026.
3 bed, 1 bath, 2 carports on 800 m². Purchased for $600,000.
This home offers exceptional value close to the train station, shopping centres and community facilities, making it ideal for families and commuters. The 800 m² block provides room for a granny flat, opening the door to dual income or multi-generational living.
Why it worked: transport access, family amenity and a large block in a growth corridor appeal to owner-occupiers and investors alike, which supports both rents and resale.
Lesson for 2026: properties that keep options open, such as room to add a second dwelling, are resilient in any market. See the Burpengary success story.
2 bed, 1 bath unit with a single garage. Purchased for $485,000.
Just a three-minute walk to Pumicestone Passage, this unit offers an affordable entry point to Bribie Island’s coastal lifestyle. It is well suited to retirees, holiday-makers and anyone wanting a relaxed, low-maintenance home by the water.
Why it worked: location and lifestyle. As a unit it has less land value and less capital growth potential than a house, so it is better suited to lifestyle buyers than to investors chasing maximum growth.
Lesson for 2026: match the property to the goal. A lifestyle purchase should be judged on how well it suits the way you want to live. Read the Bongaree success story and our guide to retirement properties on Bribie Island.
- Samsonvale: prestige, size and a negotiated price; the standout buy of 2024.
- Deception Bay: a large block close to the waterfront with strong long-term potential.
- Churchill: a dual-income property with exceptional rental yield.
- Burpengary: a family home with granny flat potential and long-term stability.
- Bongaree: a lifestyle-focused unit offering coastal charm and affordability.
| Suburb | Price | Land | Price per m² of land | Best suited to |
| Samsonvale | $1,950,000 | 14,700 m² | about $133 | Lifestyle and prestige |
| Deception Bay | $628,000 | 1,012 m² | about $621 | Land value and future options |
| Churchill | $695,000 | 809 m² | about $859 | Cash-flow investors |
| Burpengary | $600,000 | 800 m² | about $750 | Families and dual living |
| Bongaree | $485,000 | Unit (shared land) | n/a | Lifestyle and retirement |
Price per square metre of land is a rough measure. It ignores the value of the buildings and location, but it shows why large blocks like Deception Bay and Burpengary offered so much potential for their price.
- Samsonvale: an upsizing family wanting space, privacy and a luxury home within reach of Brisbane.
- Deception Bay: a buyer prioritising land value near the water, with an eye on future upgrades.
- Churchill: an investor wanting strong, diversified rental income from day one.
- Burpengary: an investor wanting a family-friendly location near transport that tenants value, with room to add a second dwelling.
- Bongaree: a buyer planning for retirement who wanted an affordable, low-maintenance coastal home.
None of these purchases happened by chance. Each followed the same process:
- A clear brief: lifestyle acreage, land value, cash flow, family amenity or coastal living, agreed before the search began.
- Research before inspecting: recent sales, rental demand and the supply of competing properties in each suburb.
- Relationships with selling agents, so our clients heard about suitable properties early and were taken seriously.
- Thorough due diligence: building and pest inspections, contract review, and checks on zoning and flooding. The Churchill reduction came directly from the inspection.
- Evidence-based negotiation: every offer was backed by comparable sales, which is how the Samsonvale price came down by $150,000.
Yes, with adjustments for today’s market. Lifestyle acreage like Samsonvale suits buyers with strong equity, and a softer market gives them even more bargaining power. Large blocks like Deception Bay remain attractive for their land value and future options. Dual-income properties like Churchill have become more important as interest rates rise and negative gearing is limited for established homes, because strong rent keeps the numbers working. Family homes near transport like Burpengary continue to attract both owner-occupiers and tenants. Coastal units like Bongaree remain lifestyle purchases first.
What has changed is the margin for error. With rates at 4.60%, buyers need a larger buffer, and in a falling market, overpaying is harder to recover from. That makes research and negotiation even more valuable.
The 2026 market is very different from 2024. Interest rates have risen four times this year, Brisbane values have eased from their May peak, and buyers have more choice and more negotiating power. But the principles behind these five purchases have not changed:
- Buy land and location, not just a building.
- Negotiate on evidence: two of these five purchases came in below the asking price or with a post-inspection reduction.
- Match the property to the strategy: growth, yield, family home or lifestyle.
- Keep options open: granny flat potential and large blocks add resilience.
- Do the due diligence: building and pest inspections protect your price as well as your safety.
For our more recent results, see how strategic buying unlocked real results in 2025 and our Q1 2026 results.
Whatever the budget or strategy, every property we recommend has to pass the same tests. Is the land in a location with lasting demand? Would owner-occupiers want to live here, so the property is easy to sell or rent in any market? Is the price supported by comparable sales? Does the building pass inspection, and is the property clear of major flood, zoning or easement problems? Does it fit the client’s plan for the next five to ten years? The five purchases above passed every one of those tests, and that discipline matters even more in a market like 2026, where mistakes are harder to recover from. You can read how we apply it in our guide to recognising an investment-grade property.
Whether you are looking for prestige, cash flow, development potential or a coastal retreat, IPS Buyer’s Agents can help you find and secure the right property. Browse our client success stories, learn about our buyer’s agent services, or contact us to start your search.
- Leeson Valuers: REIQ vacancy rates, June quarter 2026
- Reserve Bank of Australia: Monetary Policy Decision, 29 September 2026
- Law Society Journal: Federal budget 2026, limits to negative gearing and capital gains tax reform
- Cotality: Australian housing values down for sixth straight month (September 2026)
What were IPS Buyer’s Agents’ top purchases of 2024?
Samsonvale (Hampton-style acreage, $1,950,000), Deception Bay (1,012 m² block, $628,000), Churchill (house plus granny flat, $695,000), Burpengary (800 m² family home, $600,000) and Bongaree (coastal unit, $485,000).
How much was negotiated off the Samsonvale property?
The price was negotiated down from $2,100,000 to $1,950,000, a reduction of $150,000.
What rental yield did the Churchill property achieve?
About $980 a week across the house and granny flat at the time of purchase, a gross yield of around 7.3% on the $695,000 price.
Are dual-income properties a good investment in 2026?
They can be. With higher interest rates and negative gearing being limited for established homes, strong rent from two dwellings on one title helps keep cash flow positive. Check zoning and approvals first.
Can a buyer’s agent help me find a property like these?
Yes. IPS Buyer’s Agents searches, assesses and negotiates for buyers across Greater Brisbane, Moreton Bay, Ipswich and the coasts.
Why do buyer’s agents focus on land value?
Land is the part of a property that tends to appreciate, while buildings depreciate. Larger blocks in good locations also offer options such as adding a second dwelling.