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It's hammer time! Brisbane auction results live

We're posting live results from across Greater Brisbane today, including this Hollywood Hills-style estate in the city's inner-north, which sold for $4.83 million.  Follow the auction blog now. 

More than 70 homes have made it to auction on Saturday, including one of the largest properties to sell in the Olympic precinct of Woolloongabba this year, and a grand Queenslander tucked between highrise developments in the Brisbane north suburb of Lutwyche.

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School may be over for the term but Corinda State High School will open its doors for a Harcourts Marketplace auction event featuring homes in Darra and Oxley. And a Camp Hill street will host two auctions in as many hours.
We'll post live auction results throughout the day and you can also watch auctions live HERE.

Updates

That's a wrap ...

Well it was a bit of a mixed bag for sales results today, with a Windsor estate selling for $4.83 million, a Chelmer residence changing hands for $2.325 million and a Noosa Waters property selling under the hammer for $3.85 million.

Some affordable properties also sold for surprising prices, at least compared to what they might have gone for just a few months ago.

But there were a few common themes across the day, from buyers sitting on their hands, unsure of where they sit with the banks, to growing concerns that the interstate investor market has been sucked dry amid concerns over the looming land tax.

Regardless, as one agent put it: "The market is back to normal".

The frenzy is over and buyers are going into deals with more conditions than in the recent past.

"We can't really complain," one agent said. "We have had it good for so long."

"But then again, maybe it was just the worst weekend to hold an auction, what with the school holidays and AFL grand final on."

Indeed, not much sold after the first whistle sounded at 2.30pm. It was crickets.

More bite-sized auction results

41 Plumridge Street, Chelmer – Sold under the hammer for $2.325 million. Ray White Sherwood-Graceville agent Jiggs Long said there was only one registered bidder. "You only need one," he said. "There was a vendors bid, and then straight into negotiations". Mr Long said there was a large crowd, adding they were mostly neighbours. "That happens a lot in that pocket of Chelmer," he said.

41 Plumridge Street, Chelmer
41 Plumridge Street, Chelmer

74 Lorikeet Street, Inala – Passed in.

87 Lake Eyre Crescent, Parkinson – Sold at auction for $1.14 million. There were 5 registered bidders, all raising paddles. Bidding started at $900,000. It sold to a local family. It was marketed Place Sunnybank agents Jason Song and Conrad Li.

8 Lentz St, Geebung – Sold prior to auction for $1,312,500.

85 Jerrang Street, Indooroopilly – Sold at auction for $895,000. This original 1956-built house attracted five registered bidders, including one who dialled in online from Perth. There was up to 25 onlookers with the home selling to a local buyer with plans to build a modern home on the land in the future. It was sold by Ray White Indooroopilly.

2659 Ipswich Road, Darra – Passed in


19 Davies St, Oxley – Passed in




"The market is back to normal, that would be my exact quote"

A four bedroom house at 29 The Promenade, Camp Hill, has sold under the hammer for $1.303 million.

Three registered bidders worked to secure the house, with bidding starting at $1.1 million.

A second bid raised the bar by $50,000, but then it was slow going for Place Bulimba agents Shane Hicks and Antonio Puopolo.

Mr Hicks said that bidding stalled at $1.25 million, with the auction paused for negotiations.

The bid was increased to $1.3 million, with a buyers agent then landing the knockout blow with $1.303 million.

For those that need some help with that maths – the top bid was knocked over by just $3000.

"The buyers agent was acting for a couple moving from Oxley to Camp Hill," Mr Hicks said.

But it would seem the days where you just list a house and its gone are over.

However, Mr Hicks said the market was still in good shape.

"There are buyers who want or need to buy a home, they are actively participating in auctions, and they are coming along with budgets in mind but they are sticking to them," he said.

"The market is back to normal, that would be my exact quote.

"We are back to very normal buyer activity in Brisbane after two years of craziness."

29 The Promenade, Camp Hill
29 The Promenade, Camp Hill

More bite-sized auction results


18 The Peninsula, Noosa Waters
18 The Peninsula, Noosa Waters

18 The Peninsula, Noosa Waters – Sold under the hammer for $3.85 million. There were 4 registered bidders, all active. New owner is a Sunshine Coast local who was previously based in Hong Kong and had been renting. It was sold by Harcourts Prestige agents Nathan O'Neill and Casey Languillon.

47 Gibraltar Drive, Isle Of Capri – Passed in. List price to come.

29 Petrie Crescent, Aspley – Passed in at $935,000. Negotiations continuing.

17 Folgate Street, Banyo – Passed in. Interest prior to auction. One bidder made an "unrealistic" offer. Negotiations continuing.



Hollywood Hills-style estate sells for $4.83 million

A Hollywood Hills-style estate at 35 Mackay St, Windsor, has sold to a local family for $4.83 million.

On a 1946sq m block with views of the CBD and mountain ranges, the renovated 1930s property known as Derek Lodge has a pool, grass tennis court and an entertaining pavilion.

The landscaping was by Steven Clegg Design.

Property records show the vendors bought the stunning estate for $1.9 million back in 2011, with the land alone valued at $2.5 million in June this year.


Features include a wine cellar, steam room, outdoor kitchen, fire pit, whole floor master suite with an ensuite, walk-in robe and a terrace, formal and casual dining and living spaces, a lounge, library, plus imported steel doors, leadlight windows, fireplace and parquetry floors.

There is also a triple garage, automatic entrance gates and security.

Ray White New Farm agent Nicholas Given, who marketed the property with Matt Lancashire, said there were five registered bidders, with three actively bidding.

"We got to $4.75 million and then there were some negotiations with it then on the market and sold at $4.83 million," he said.

"They were all locals and we are finding that a lot, they are from the local area.

"It is an unbelievable home."

House sells for $445,000 - and that was $45k over the reserve!

A three bedroom house at Waterford West has sold for $445,000 – $45000 over the reserve price.

There were seven registered bidders, all active, with the house on a 731sq m block selling to a local buyer who has been living in a townhouse "just around the corner".

Ray White Logan City agent Dhimitri Xhaho said there were about 12 groups in attendance.

"The owners deserved it, such lovely people he said, adding that bidding started at $400,000 and the auction done and dusted in about 15 minutes.

"That price bracket is still doing very well," he said.

31 Logan Reserve Road, Waterford West
31 Logan Reserve Road, Waterford West

$3.55 million: Record price for home in the "Avenues pocket"

5 Bed / 6 Bath / 4 Car on 630sq m
Auction result: Sold under the hammer for $3.55 million

Over 100 people turned out to watch 58 Brisbane Avenue, Camp Hill, go under the hammer at 11am.

There were four registered bidders, but it was a local family upgrading into the sought-after street who came away with the win.

Place Bulimba agent Joanne Gianniotis said the auction went for an hour and 20 minutes.

"Bidding started at $3 million," she said.

"It ($3.55m) is a record price for that Avenues pocket."

Boasting Hamptons-inspired features and striking street appeal, the house has a grand façade, landscaped gardens, European oak flooring, wainscoting, stone accents and high ceilings.
The ground level has a spacious open-plan living and dining , a stone-clad fireplace, wine cabinet, home office, media room and a kitchen with marble details, dual ovens, farmhouse-style sink and breakfast bar leading to a spacious butler's pantry. There is also a mudroom and laundry.
Outside is a covered al fresco area with an outdoor kitchen, pool with a fountain, and a pool house with a kitchenette, powder room and space designed to house a sauna.
Also on the level is an ensuited fifth bedroom, media room or formal sitting space, full bathroom for guests and a home office complete with cabinetry.

Upstairs is where you will find the lavish, ensuited master bedroom with its huge dressing room, parents' retreat and a private balcony.
There are another three bedrooms on this level, all with walk-in robes and ensuites. There is also a family room with a wet bar and a balcony that overlooks the swimming pool and pool house below.
It is just minutes from Camp Hill Marketplace and the Martha Street café precinct, private schools, national forest walks and parks.

58 Brisbane Avenue, Camp Hill
58 Brisbane Avenue, Camp Hill



Buyers "no longer know where they stand with the bank"

4 Bed / 2 Bath / 1 Car on 405sq m
Auction result: Passed in at $1.065 million, now listed for offers over $1.2 million.

This 1920s-era Queenslander has two apartments and an additional “writers room”, offering dual income potential.
On an elevated 405sq m block, the house is currently rented for $890 a week.
The first apartment has stunning lounge rooms and a dining space, high ceilings, timber floors and VJ boards, a private entertaining deck, country-style kitchen, bedroom and nursery.
The second apartment has a sunken living room, casual dining area, French doors leading to a balcony, a kitchen, wine cellar, two bedrooms and a writers retreat.
Both have individual front door entrances. There is a storeroom, shared laundry, courtyard and lock-up garage.
It was marketed by Liliana Mauri and Gilly Oliver of Liliana Property.

There were a few registered bidders but most had "conditions" as many people no longer know where they stand with the bank, Mr Oliver said.


Around the traps

15 French Street, Paddington – Passed in, now listed for $1.6 million with Ray White Ashgrove agent Tamara Lee.

18 Lowry St, North Ipswich – Sold under the hammer. Price not disclosed.

68 Princess Street, Kangaroo Point – Sold under the hammer for $1.49 million to a local buyer from Highgate Hill. There were seven registered bidders, six who were active. It was sold by Ray White Brisbane City agent Karen Pierce.


7 Cooinda Street, Slacks Creek – Passed in at $530,000 but an offer was made prior to the auction and has been accepted by the vendor. It was marketed by Ray White Daisy Hill agent Rebecca Shortall







Sydney buyer snaps up home of vendor moving to Melbourne

5 Bed / 4 Bath / 2 Car on 529sq m
Auction result: Sold under the hammer for $1.43 million
The owner of this renovated residence is moving to Melbourne, one of only a few going that direction.
Built in 1952, the grand double brick house has art deco features, high ceilings, five bedrooms, four bathrooms and views of Mount Coot-tha from its elevated position.
It was marketed by Jason Adcock of Adcock Prestige.

"There were three registered bidders, all active," he said.

"It sold to a Sydney buyer who was on the phone and watching via Instagram.

"They are relocating to Brisbane for work."

35 Hunter Street, Wooloowin
35 Hunter Street, Wooloowin


Read related topics:Real estate auctions

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