We're posting live auction results from across the region. Follow the auction blog.
Viva Hyde
less than 2 min read
November 18, 2022 - 2:49PM
News Corp Australia Network
More than 80 homes head under the hammer this weekend, from original condition homesteads to a holiday house on Coochiemudlo Island.
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We'll be posting live auction results throughout the day as buyers and sellers rush to make a move before Christmas.
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3 Noel Heathwood Ct, Camp Mountain
viva.hyde
5 bed/3 bath/ 6 car
The old barn shed of this acreage estate provided the ideal acoustics for the auction of a property steeped in family history.
More than 100 people gathered, among them neighbours and friends, as the home on five acres at 3 Noel Heathwood Ct went under the hammer.
Auctioneer David Holmes fielded offers from 12 registered bidders who either planned to renovate or re-develop the site, where the five-bedroom residence presented as a "time capsule", said marketing agent Ronni Grevell of Craig Doyle Real Estate
"While the finishes may be ready for a refresh, the home is structurally sound and the building and pest report, which is available as part of the auction process, confirmed the integrity of the home," Ms Grevell said.
Result: sold for $1.110m
15 Redland Cl, Kuraby
viva.hyde
6 bed/3 bath/3 car
This recently renovated six-bedroom home in a quiet cul-de-sac drew an enthusiastic crowd of families keen to make it their own.
When it came time to bid, a murmur of '800' was countered by the auctioneer: "can we start with $1m?". That request was met, and the opening bid was raised to $1.1m, $1.2m, $1.35m, $1.4m, then $1.5m, at which point the auction was paused.
Lengthy conversation with "sentimental" owners took place, another bid of $1.6m was put forward, but the property was passed in.
Result: passed in at $1.6m, all offers in by Monday 5pm
146 Manson Rd, Hendra
viva.hyde
5 bed/4 bath/2 car
While auctions are known for getting all offers out in the open, there comes a time when negotiations need to take place behind closed doors.
Such was the case at this contemporary five-bedroom family entertainer at Hendra, where the most qualified buyers were still sorting out their finances and so unable to bid at auction, where all offers must be unconditional.
Place auctioneer Peter Burgin conceded the proceedings were "a little bit anticlimactic" for the assembled crowd of spectators, noting the vendors had shown their hand with a bid of $2.4m.
"You must have your finance in place to participate in an auction and are working with a couple of buyers at the moment that just are not quite at that point," Mr Burgin said.
"Banks are still getting an avalanche of applications and it is slowing up that approval process. We're feeling that a little bit on the ground and that's been the case today.
"We do feel we are moving close to a sale but none of those buyers are able to participate today."
Result: passed in $2.4m
12 Brooks St, Camp Hill
viva.hyde
4 bed/2 bath/2 car
This property comprised a three-bedroom house as well as a self-contained one-bedroom unit on a 709sq m block.
It was marketed by Shane Hicks and Antonio Puopolo, of Place – Bulimba, who highlighted the block's development potential, with 15m frontage, a gentle slope, and no easements.
Auctioneer Sam Kelso fielded 12 bids from five registered bidders, but the top offer of $1.35m fell short of vendors' expectations, and the property is now listed for sale for offers of more than $1.379m.
Result: passed in at $1.35m
Ambitious young buyers snap up Kelvin Grove renovator's dream
viva.hyde
3 bed/1 bath/2 car
The ambitious young buyers of this rundown Kelvin Grove cottage leant casually in the doorway, showing little outward sign of the challenge that lay ahead of them after securing the property described as a "renovator's dream".
The Brisbane couple held their own amid competitive bidding for the three-bedroom house on a 516sq m block at 16 Broadhurst St, securing the keys with their top offer of $810,000.
It was the 15th bid of the morning from five registered bidders, and followed a string of $1000 and even a $500 play to arrive at $806,500, before the new owners took auctioneer Peter Burgin's suggestion to round up the price.
Marketing agents, Mario Sultana and Lachlan Neumann, of Place – Newmarket, had highlighted the home's "great bones", though lying obscured beneath peeling paint and patches of mould and grime covering walls and flooring.
"A little vision and creativity is all that's needed to make something truly special here," said Mr Sultana, noting features including traditional VJ walls and hardwood floors.
Mr Sultana said the result showed fixer-uppers were starting to return to favour, after buyers had shied away from taking on projects amid the state's construction crisis, pushing up demand instead for move-in ready properties.
"It's a good sign the market is still quite robust for good properties in good areas," Mr Sultana said.
Another three buyers were interested, but finance had been difficult to obtain because the property was classed as "uninhabitable".
The vendors were the three adult children of the elderly owner, taking the house to auction on his behalf.
"The home had been in the family since 1966 and they all grew up at the house so there were many fond memories there, and they were quite attached to it," Mr Sultana said.
It has been rented out over the last 20 years, but had fallen into a state of disrepair and left vacant for the last 7 or 8 years.
Mr Sultana said the new owners had "put on a brave face" at the auction, focussed on securing the property to renovate and restore as a character-filled family home.
They were not involved in the construction industry themselves, but would call on help from extended family to undertake the sizeable project.
"From talking to builders and developers, I think construction prices are starting to stablise, which is probably giving buyers a bit of confidence to jump into these projects.
"They understand construction prices are higher now, but as they have stabilised there is a sense of knowing what you are going to be in for, whereas six months ago that wasn't the case," he said.
Result: sold $810,000 with 15 bids
36 Victoria Pde South, Coochiemudlo Island
viva.hyde
4 bed/2 bath/2 car
Jackie Prentis, of Professionals, took this eclectic island home with views over the bay to auction but it was passed in at $700,000.
That amount is significantly higher than the island's median house of $460,000 (PropTrack Market Trends November 2022).
The owners had undertaken a recent renovation inspired by the vibrant beach lifestyle of Bali. Timber floorboards were paired with coloured tiles in the kitchen, while blue mermaid scale tiles in the bathroom lent another unique touch to the decor.
Result: passed in $700,000
11 Gotha St, Camp Hill
viva.hyde
6 bed/3 bath/3 car
Nothing says America quite like Ellen Degeneres, so it's fitting this American farmhouse-inspired home features chandeliers from the effervescent talk show host's bespoke lighting collection.
The luxury new build in the sought-after location of Camp Hill is now on the market for $3m after being passed in at auction.
Buyers gathered in the home's elegant kitchen with marketing agent Joanna Gianniotis, of Place – Bulimba, and the first of two registered bidders made an opening offer of $2.5m.
A relay of six bids followed taking the highest offer to $2.875m then the auction was paused. It resumed, with another bid of $2.9m then countered by a vendor bid of $3m.
The auction was called in, with several interested parties invited to continue negotiations in the hope the property would be sold today.
Result: passed in at $3m, negotiations continuing
3 Possum St, Warner
viva.hyde
4 bed/3 bath/3 car
Luxury inclusions such as a home cinema with concealed wall and ceiling speakers attracted plenty of interest in this Warner property, said marketing agent Ivan Bertie, of Harcourts Pinnacle.
It sold on auction day for $1.23m after three offers from two registered bidders.
The home was located 30 minutes from Brisbane's CBD, and comprised family-friendly features including a home office, contemporary kitchen, and lounge with bar.
Result: sold for $1.23m with three bids
15 Taunton St, Annerley
viva.hyde
5 bed / 3 bath / 3 car
This beautifully presented 1920s-built character home offered glimpses of the skyline of, "one of the fastest growing cities in our nation", said Place chief auctioneer Peter Burgin.
"Annerley is a suburb which of course has enjoyed a wonderful history, but it's got a more exciting future as Brisbane moves into its golden decade of real estate," Mr Burgin said.
"You can see off the back deck there, that skyline is growing."
The home on an 873sq m block had panoramic views from Mt Coot-tha to the city, but it wasn't enough to get it over the line on auction day.
Result: passed in, vendor bid $1.995m. Property now priced at $1.995m
37 D'Arcy Rd, Seven Hills
viva.hyde
4 bed/ 3 bath/ 2 car
Sleek interior styling with moody neutral tones and stone accents was a highlight of this contemporary Seven Hills home. the al fresco area plus inviting pool with a waterfall feature were other highlights.
The property was marketed by Luke Moody, of Adcock Prestige, and auctioned by Adcock director, Jason Adcock.
Mr Adcock opened the auction with a vendor bid of $2m. Another bid of $2.2m came in, then proceedings were paused for negotiations. Mr Adcock announced the property was sold for $2.205m.
Kath & Kim star, comedian and actor Jane Turner, has listed her rather effluent Elwood mansion for sale. Grab some cardonnay and take a squiz at the home’s impressive fretful ironwork.
