There was confidence and caution at auctions across Brisbane today. A Brisbane riverfront home sold for $2.275m despite part of the property being inundated in the recent floods. In the Moreton Bay Region, a custom-built home on almost 4000sq m failed to receive a single bid today and was passed in. While investors and first-home buyers continue to go head to head on affordable properties. Thanks for being with us and we'll be back for more live auction coverage next weekend.
It's hammer time! Brisbane auction results live
A giant block with views looking over the neighbourhood has been snapped up for $2.05 million. See what's sold across Brisbane today.
More than 100 homes head under the hammer across Greater Brisbane today on the eve of what is expected to be the first official interest rate rise since 2010.
FOLLOW THE AUCTION BLOG BELOW
Already we've seen a 130-bid marathon in Brisbane's west, while a Brisbane investor travelled to Logan and picked up 'a great buy' in Mount Warren Park.
We're posting live auction results throughout the day with news from the scene. You can also rewatch all the auction from our live coverage HERE.
Updates
That's a wrap!
27-29 South St, Yeerongpilly - Sold for $1.901m
5 Bed / 2 Bath / 2 Car on 810sq m
Two registered bidders took this home to auction today with the property offering a home and an investment opportunity.
The existing renovated house is on its own separate title with a pool, and there is an additional oversized garden sanctuary on its own 405sq m parcel of land that could benefit from 'future financial uplift', Atlas Brisbane selling agent Mark Diamond says.
27 Tristania Way, Mount Gravatt East - Sold for $1.54m
5 Bed / 3 Bath / 2 Car on 702sq m
Bidding started at $1 million for this big entertainer in one of the best pockets of Mt Gravatt with seven bidders in attendance. Ray White Rochedale agent Stan Egawa ran a three-week auction campaign and had more than 50 buyer inspections. The sellers bought the house back in 2017 in a completely different condition and they have revamped the house over the years into what they have now.
95 Buckingham St, Ashgrove - Sold for $2.05m
3 Bed / 3 Bath / 2 Car on 1989sq m
Another giant block going to auction this weekend has been this statement residence on 1989sq m that looks over the neighbourhood toward the city. The split-level house offers a separate wing with two bedrooms, a separate study, and a large rumpus with a kitchenette to support multi-generational living or guest accommodation. The property also has a large in-ground swimming pool with a poolside entertaining space, and landscaped grounds. Apollo Auctions auctioneer Justin Nickerson worked with just one bidder to secure the sale of this home for $2.05m.
6 Woodville Place, Annerley - Sold for $1.217m
4 Bed / 2 Bath / 2 Car on 549sq m
In front of a big crowd of 40 people, a local first-home buyer family secured the keys to this character home on 549sqm.
“Our stock levels are not bad, in fact we have just completed our best month ever in April. We are dealing with quality over quantity,” Ray White Annerley's Geoff Sellars said.
“We are getting three to five committed bidders, not extra randoms like in the last two years and we haven’t seen too much softening in prices.
“That market still has energy and I don’t think we’re going to see any distress sales (because of the ) rates rise but of course people need to stay realistic on price expectations.”
Five registered bidders took the home to auction with four actively bidding. The property was announced on the market at $1.1m and sold for $117,000 more.
"Six months ago we would have had 15 registered bidders but everyone who came really wanted the house. It is a quality over quantity scenario at auction now," Fellow agent Brayden Sheehan said.
50 Victoria St, Fairfield - Sold for $1.03m
3 Bed / 1 Bath / 4 Car on 897sq m
It's the recent floods, not the looming interest rate rise that is still shaking confidence in the southern Brisbane suburb of Fairfield, according to Ray White Annerley agent Brayden Sheehan.
The added complication with this home has been its need to be renovated. With the current shortage of construction supplies and labour, it could be 18 months before the home is complete.
"This was a tough one," he said of this morning's auction.
"Every email inquiry asked about the floods and whether the property got affected."
Four registered bidders attended, all of whom had experience in the building or real estate industry.
258-260 Uhlmann Rd, Burpengary East - Passed in at $800,000
3 Bed / 3 Bath / 5 Car on 3757sq m
Thirty people attended the auction, including a local couple keen to see what price acreage property is fetching in the current market, but only one person was a registered bidder for this cute custom-built home with an adjoining self-contained cottage.
This was to be the sellers’ forever home and they built it themselves six years ago. But their granddaughter lives in Toowoomba so they are keen to move closer to her.
Auctioneer Dean Tucker could extract no bids from the crowd so put in a vendor bid of $800,000 and after a brief pause to update the owners, he passed the property in for that price.
Several conditional offers are now on the table for the home, which could be your greatest weapon in the battle to reign in spiraling grocery costs. The sellers have turned the property into a fruit and vegetable grove that produces so much fresh produce that there will often be a cart on the footpath with surplus watermelon and passionfruit to give away.
183 Westlake Drive, Westlake - Sold for $2.275m
4 Bed / 3 Bath / 3 Car on 2314sq m
There was a 130-bid marathon for this Brisbane riverfront property at auction today. Eight registered bidders wanted to buy the home, which was built by the current owners in 2009.
"It went forever," auctioneer Justin Nickerson said.
The sellers bought the block in 2007.
178 Mount Warren Boulevard, Mount Warren Park - Sold for $482,500
3 Bed / 1 Bath / 6 Car on 903sq m
A Brisbane investor has snapped up this solid home for more than $100,000 below Mount Warren Park's median house price.
Four registered bidders attended the auction, in the City of Logan's outer eastern suburbs, with two buyers actively bidding, an investor and a bidder who was looking for their next home.
"The owner-occupier seemed nervous and reluctant to go higher so this was a great buy for the investor," Ray White Beenleigh selling agent Glenn Hamilton said.
"The seller had lived in the home before it became an investment and did have intentions to renovate but then their circumstances changed."
Mr Hamilton said talk of an interest rate rise next week may have dampened the number of buyers who came to the auction.
165 Royal Pde, Alderley - Sold for $1.28m
4 Bed / 3 Bath / 2 Car on a 464sq m block
The sellers of this house had already purchased in Albany Creek and undertook minor renovations ahead of today's auction that included fresh paintwork, new landscaping and a new fence. Two local buyers took the property to auction and it sold for $1.28m.
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