The Sunday Mail (Queensland)

Steady as she goes

Many Bris­bane prop­erty ven­dors could breathe a sigh of re­lief af­ter a week of con­cerns sur­round­ing the stock­mar­ket, writes Con­nor O’Brien

-

AF­TER a ner­vous week in the fi­nan­cial sec­tor, to­day’s flurry of keen bid­ders was a welcome sign for Bris­bane’s prop­erty mar­ket.

At least that’s the view of Ray White auc­tion­eer Haesley Cush, whose Satur­day suc­cesses in­cluded the $1.8 mil­lion auc­tion sale of 7 Stan­dring St in Toowong.

The 615sq m prop­erty re­mark­ably sold to a woman bid­ding sight un­seen on be­half of her chil­dren.

Adding to the sce­nario, Mr Cush said the buy­ers had only heard about the prop­erty on the day af­ter their sis- ter-in-law spot­ted it in last Satur­day’s edi­tion of The Courier-Mail.

Another Toowong auc­tion at 39 Mor­ley St saw a Toowoomba fam­ily se­cure their new home for $900,000 through Place Padding­ton’s An­drew Degn.

A de­signer home at 14 Bar­ton St, Bardon, drew a $2.375 mil­lion sale un­der the ham­mer in front of crowd of up to 200 peo­ple.

Michael Kleimeyer, of Space Prop­erty Agents, said the lo­cal buy­ers had com­pe­ti­tion from Hong Kong.

Twin sis­ters beat 16 ri­vals in the bat­tle for an 1883-built Dut­ton Park res­i­dence at 20 Lochaber St.

Ben White, of Place New Farm, said a sale price well above the re­serve at $631,000 marked a top re­sult con­sid­er­ing the ad­ja­cent du­plex sold for $530,000 last Novem­ber.

Also on the south­side, Ray White Stones Cor­ner agent Ben Cannon re­ported a “hotly con­tested” auc­tion at 24 Rita St, Hol­land Park, af­ter a flood of in­ter­est through­out the cam­paign.

Mr Cannon said 232 peo­ple in­quired about the three-bed­room, twobath­room house, lead­ing to six bid­ders reg­is­ter­ing. A fam­ily who had been rent­ing in Wil­ston, on Bris­bane north­side, col­lected it for $720,000.

Among the suc­cess­ful auc­tions for Jason An­drew, of the Jason An­drew Group, were 138 Gracemere St at Grange and 14 West St at High­gate Hill.

Built last year, the Grange home on 683sq m sold for $1.29 mil­lion, with five of the eight reg­is­tered bid­ders ac­tive.

Bid­ding on the High­gate Hill ren­o­va­tor opened at $500,000 and reached a fi­nal price of $790,000.

Another mil­lion-dol­lar re­sult was achieved at Stret­ton, where a sixbed­room house at 50 The Park­way sold for a rather un­ex­pected fig­ure of $1.18 mil­lion.

On the Gold Coast, it was a twohorse race for a three-bed­der at 24 Matthew Flin­ders Drive, Hol­lywell.

Af­ter more than 10 bids, the wa­ter­front home sold un­der the ham­mer for $835,000 to a lo­cal fam­ily.

Mar­keted by Ray White Mer­maid Beach’s John and Ni­cole Mayer, the home had been ex­ten­sively ren­o­vated since last chang­ing hands in 1989.

 ??  ?? TOP DOL­LAR: This Bardon home was de­signed by Bris­bane ar­chi­tect Shaun Lock­yer.
TOP DOL­LAR: This Bardon home was de­signed by Bris­bane ar­chi­tect Shaun Lock­yer.
 ??  ?? HOT PROP­ERTY: Homes at 7 Stan­dring St, Toowong (above), 20 Lochaber St, Dut­ton Park (be­low left), and 24 Matthew Flin­ders Drive, Hol­lywell (be­low right), all sold at auc­tion.
HOT PROP­ERTY: Homes at 7 Stan­dring St, Toowong (above), 20 Lochaber St, Dut­ton Park (be­low left), and 24 Matthew Flin­ders Drive, Hol­lywell (be­low right), all sold at auc­tion.
 ??  ??
 ??  ??

Newspapers in English

Newspapers from Australia