Back 86 Gracemere Street
Off Market

86 Gracemere Street

Newmarket QLD 4051

5
3
5
862 m²
House
Last sold for $3,200,000
Damon WaratDamon Warat, last sold this property on 24 February 2026 after 20 days on market.

Overview

Timeless Hilltop Masterpiece

Personal residence of an award-winning architect. Set atop a generous allotment in an exclusive hilltop enclave, this sophisticated residence is a timeless architectural masterpiece and a private sanctuary in the heart of Newmarket. Occupying a substantial 875 sqm elevated parcel on a quiet street, this tri-level family home delivers 540 sqm of premium designer living. Thoughtfully designed for both grand entertaining and relaxed family life, the property offers multiple formal and informal living zones, several alfresco retreats, a luxury master suite, recreation room, home office, bar, wine cellar, and accommodation for up to five vehicles. Property highlights include: • Elevated 875 sqm allotment in one of Newmarket's most sought-after locations • 540 sqm of luxurious living under roof • Stunning architectural design complemented by contemporary fixtures and finishes • Primary level featuring four interconnected living areas plus a bar • Multiple alfresco zones enhancing indoor-outdoor flow • Contemporary kitchen with stone benchtops, quality cabinetry, and premium appliances including oversized freestanding gas cooker • Luxury master suite with dual walk-in wardrobes, new ensuite, and private balcony • Lower level comprising spacious rumpus, wine cellar, and bespoke home office • Four-car garage plus carport and secure storeroom • Private landscaped gardens, resort-style swimming pool, pavilion, and poolside cabana • Walkable to cafes, dining, Newmarket train station, and only 5 km from the CBD A stroll through the tropical front gardens leads to the impressive entryway, where the main living areas branch off from a striking central staircase and a glazed courtyard designed to showcase sculpture. Polished timber floors, premium porcelain tiles, and a clean white palette flood the interior with natural light from the rear decks. The casual dining room adjoins the contemporary kitchen, opening to a front balcony, while the expansive family room flows seamlessly to the back deck - a tranquil space connecting to the resort-style pool and entertaining pavilion. A separate formal living room with a purpose-built bar and elegant dining area, set against the courtyard backdrop, provides the perfect setting for special occasions. Upstairs, the master suite is a private retreat, complete with dual walk-in wardrobes, a contemporary ensuite with double vanity, walk-through shower, separate powder room, and a sitting area leading to a private balcony. Three additional bedrooms feature built-in wardrobes and access to a family bathroom with spa bath and separate powder room, with one bedroom offering a private balcony overlooking the backyard. The backyard is a secluded oasis, surrounded by lush landscaping and tropical plantings, featuring a swimming pool, covered entertaining pavilion, and inviting poolside cabana. The lower level houses a large rumpus/recreation room opening to the patio and gardens, a purpose-built home office with custom timber cabinetry, a spacious wine cellar, and a four-car garage with a secure workshop, plus a single carport. Thoughtful touches throughout include abundant storage, a laundry with access to a drying deck, and ducted air conditioning. Conveniently located within walking distance to Newmarket train station, local pools, dog parks, and just minutes from Newmarket Village, Windsor Homezone, Wilston Village, and excellent schools, this home combines privacy, luxury entertaining, and abundant space in a thriving inner-city lifestyle location. This is a rare opportunity to acquire a timeless architectural masterpiece in a premier Newmarket setting, just 5 km from the CBD. Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Features

5 bedrooms
3 bathrooms
5 carspaces
5 garage spaces
862 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Newmarket over the last 12 months, the estimated median property value of 86 Gracemere Street is $2.41m.

Median value
$2.41m
Estimated value range
$1.27m - $4.02m
Median days on market
25
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newmarket. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 86 Gracemere Street

2026
Sold
$3,200,000
24 Feb 2026 by Damon Warat, of Ray White Ascot
2010
Sold
Undisclosed
Auction Sale on 06 Nov 2010 by Alistair Macmillan, of Ray White Wilston

Happy sellers in Newmarket

93%
93% of sellers in Newmarket reported that their sale price either exceeded or met their price expectations.

Newmarket stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Newmarket over the last 12 months.

Local market activity for 5 bedroom houses in Newmarket

In the last 12 months, 11 five-bedroom houses similar to 86 Gracemere Street, have been sold.

This represents a 50% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Newmarket

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent