11 Masthead Drive, Cleveland, QLD 4163 sold on 23 January 2026 | OnTheHouse
SOLD
Sold on 23 Jan 2026 for $2,200,000

11 Masthead Drive
Cleveland QLD 4163

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 985m2
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Property Details for 11 Masthead Dr, Cleveland

11 Masthead Dr, Cleveland is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 985m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 4 bedroom House sold in Cleveland in the last 12 months.

Building Type
House
Year Built
1985
Land Size
985m2
Local Government
Redland
Lot/Plan
122/C6123

Last Listing description (March 2026)

**Under contract**This is one of my favourite homes that we've ever sold!We first sold this home around nine years ago. Being an original display home in Raby Bay around 1985 it was obvious at the first sale that even after more than thirty years it still had the basic ingredients to make it one of the greats! Lowset, low Maintenance brick and tile, near perfect floorplan with abundant light, space and separation, perfectly positioned on the large block and a magnificent North easterly aspect with views from almost every room over the Canal..yet just across the road from cafes, restaurants, the Marina and just a short walk to the train. The objections from the many observers were few - only two to be exact. If I had a dollar every time someone told me it would cost too much to renovate - or that the quay line was too narrow for their boat, we could have bought it ourselves! Given the original plan included a pontoon I suspect half of the objections could have been overcome - and if I'm being honest I think you could spend an awful lot on money on a refresh or renovation without running the risk of overcapitalising on this awesome piece of residential real estate. Of course we received several offers throughout the campaign and to all of these buyers, thankyou for your time and interest (which included the buyers who made an offer and missed out the first time we sold it!) Our favourite advice came from a few local agents, notably telling us that the we (and the owners) were kidding ourselves (dreaming was the exact word once used!) - and that it was only worth land value minus demolition costs. Sometimes it pays to have fresh eyes and an optimistic agent who focuses on the facts rather than wanting a quick sale to remain the King of the local area. To our sellers, Thankyou for entrusting us with the sale after purchasing it from us nine years prior. A request to recoup the excess they believe they paid all those years ago is nothing more than a compliment on so many levels. To our eventual buyers - Congratulations. We know you have bought well and this beautiful family home will serve you and your family well for many years. I can't wait to see what you and your architects do to build on the amazing bones and well executed fundamentals of this timeless classic. To Rod from Transformation house and roof cleaning (Call me for Rods number! ) - thanks for the soft wash roof clean which you conducted in oppressive heat to expose the original colour of the roof - a true gentleman who I highly recommend for all your roof and external cleaning requirements. If Jamie and I can assist you with buying or selling - or just an update on the local market, please don't hesitate to call. We'd love to get you moving! Thinking of selling? We do all the time!Www.huisestateagents.com.au

Property History for 11 Masthead Dr, Cleveland, QLD 4163

A timeline of how this property has performed in the market
Last Sold
$2,200,000
23 Jan 2026
  • 23 Jan 2026
    Sold for $2,200,000
  • 27 Oct 2025
    Listed for Sale Submit all offers
  • 30 May 2016
    Sold for $1,090,000
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About Cleveland 4163

The size of Cleveland is approximately 11.7 square kilometres. There are 55 parks, covering nearly 19.2% of the total area. The population of Cleveland in 2016 was 14801 people. By 2021 the population was 15850 showing a population growth of 7.1% in the area during that time. The predominant age group in Cleveland is 60-69 years. Households in Cleveland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cleveland work in a professional occupation.In 2021, 66.80% of the homes in Cleveland were owner-occupied compared with 62.20% in 2016.

Cleveland has 9,246 properties. Over the last 5 years, Houses in Cleveland have seen a 84.68% increase in median value, while Units have seen a 102.66% increase. As at 31 May 2026:

  • The median value for Houses in Cleveland is $1,463,982 while the median value for Units is $941,959.
  • Houses have a median rent of $795 while Units have a median rent of $630.
There are currently 88 properties listed for sale, and 50 properties listed for rent in Cleveland on OnTheHouse. According to Cotality's data, 475 properties were sold in the past 12 months in Cleveland.

Suburb Insights for Cleveland 4163

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Jamie Lawson
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Rod Westerhuis
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.