Aleisha Dawson, Property Journalist
First published 21 Oct 2026, 2:00am
226 Berrigans Road, Mudgeeraba is going to auction October 24.
A Queensland house riddled with termites and too dangerous to enter has sparked a buyer frenzy despite the shifting real estate market.
The deceased estate on the Gold Coast includes a 5.18ha parcel of land in Mudgeeraba with a three-bedroom rundown home.
The house is on a huge 5.18ha parcel of land in the Gold Coast Hinterland.
But prospective buyers cannot enter the house.
“We’ve been advised by solicitors not to allow people into the house and not to do open homes,” said marketing agent Rhys Burgess of Ray White Robina.
“It’s been eaten by termites and everything has been damaged but the brick.”
The property is set to go to auction on October 24, when it’s expected to sell under the hammer.
“I’m confident it will sell,” Mr Burgess said.
“The vendors are thinking not about what prices used to be but rather what’s right in front of us.
“The highest offer will take it which is a nice scenario to be in when the market is quite sticky.”
The property is going to auction October 24.
MORE NEWS: Caution grips market – but apartment sells for $8.2m
Fellini family sells rotting mansion for $2.65m
Prime Brisbane site: $13m hub next to arts precinct
It comes as realestate.com.au home price data revealed Gold Coast median dwelling values slipped 0.07 per cent last quarter to sit at $1.158m
The median house price in Mudgeeraba is $1,329,392, down four per cent over the September quarter.
Mr Burgess said he was shocked with the buyer interest and had 35 groups inspect the property despite not being allowed inside.
“We’ve had developers and builders looking to find their next project but we’ve also had quite a few families, people renting and trying to get into the market, and a few people wanting to land bank,” he said.
“It’s 5.8ha which makes it incredible unusual.”
Marketing agent Rhys Burgess said he was shocked with the buyer interest.
Marketing agent Rhys Burgess says there aren’t any comparable properties in the suburb.
Mr Burgess said there weren’t any comparable properties in the suburb.
“Mudgeeraba has had $3.5m and $5.2m sales nearby and then when we look at this property, it’s the land size, the beautiful creek, and the fact it’s bushland which gives the owners plenty of privacy.
“We are letting the market tell us what it’s worth.”
Help us improve your reading experience
Got a minute? Your feedback will help us build a better experience for you.