This property at 98 Mein St, Hendra, is on the market. Homes in this street are tightly-held and highly sought-after.
It’s one of the only streets in Australia where freestanding homes sit directly on a major racecourse boundary.
So, it’s little wonder Mein St in the Brisbane suburb of Hendra has a waiting list of prospective buyers.
An 850 sqm block recently sold for a suburb land sale record of $3.8m to respected Eagle Farm horse trainer Caitlin Hoysted and her husband, Matt, part of Queensland’s renowned Hoysted racing dynasty.
This property at 98 Mein St, Hendra, is on the market. Homes in this street are tightly-held and highly sought-after.
Only around 20 houses sit between the 1200m and 1400m start points, giving them a front-row seat to watch the most active racing section of the Eagle Farm track.
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It’s a form of residential positioning almost never seen beside metropolitan racecourses, which are typically bordered by commercial buildings, stables or infrastructure — not homes.
Place Ascot’s Jill Wright-Wotton said it was a micro-market that consistently outperformed the broader suburb of Hendra.
The view of Eagle Farm Racecourse from the home at 98 Mein St, Hendra.
“I’ve spent years doorknocking for buyers here,” Ms Wright-Wotton said. “The demand is so specific that some clients will only consider this frontage and nothing else.”
“Racecourse-front homes on Mein Street are increasing in value faster than the broader suburb.
“This isn’t typical suburban movement. These homes perform more like absolute riverfront: fixed supply, guaranteed outlooks, and no risk of being built out.”
Stu Balding and Tonya Scheiwe are selling their home in one of Brisbane’s most popular streets. Photo: Lyndon Mechielsen.
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Ms Wright-Wotton is now marketing a neighbouring property at 98 Mein St, owned by interior designer Tonya Scheiwe of Style Elements Interiors and her husband, Stu Balding.
The couple recently completed the designer home and are now building their own home on the block directly next door — showing just how keen they are to stay in the street.
“We were originally in Ascot and by chance happened to end up in Mein St, but we didn’t really understand all the fuss about the track,” Ms Scheiwe said.
“I reckon it’s Brisbane’s best kept secret. It’s really hard to describe to people, but I guess for us, you get home and open up the back doors and it’s like you’re in the middle of the country.”
This property at 98 Mein St, Hendra, is on the market. Homes in this street are tightly-held and highly sought-after.
Ms Scheiwe said she and her husband canvassed the street until 98 Mein St eventually became available to buy, and then they convinced the neighbour to sell as well.
”Luckily for us, both came up about the same time,” she said. “98 was done with the intention to sell, but we’re living next door now — it’s a cute post-war house.”
One of the attractions of the street beyond the racetrack is the community.
“We have some great race day parties,” Ms Scheiwe said. “The street’s quite social, which is really great.”
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