BRISBANE AUCTIONS: Unliveable Browns Plains property sells for $540,000

An unliveable Browns Plains property has sold under the hammer for $540,000. FIND OUT MORE

A trashed property at 16 Forestglen, Browns Plains sold at auction for $540,000 to an online bidder. Saturday 25th November 2023 Picture David Clark

Hello Brisbane, we've got an action packed day of auctions today, starting in Ashgrove at 8am.

SEE THE LIVE COVERAGE AND BLOG BELOW 

The gavl feed will run throughout the day and our live blog will capture auction results from across Greater Brisbane.

LIVE BLOG

• Queensland heads to auction with a 44% auction clearance rate from last weekend.

Live Updates

5:38 pm November 25, 2023

South Brisbane home sells for $2.65m amid a 'golden decade' for Brisbane

David Bonaddio

51 Stephens Road, South Brisbane Agent: James Curtain and Chris Dixon, Place Woolongabba

A four-bedroom, three-bathroom home at 51 Stephens Road, South Brisbane has sold under the hammer for $2.65m with an opening bid of $2m
Three bidders registered to take part in the auction.
Property agent James Curtain from Place Woolongabba said he was really pleased with the result.
"There was strong interest in the property and we were very satisifed with the outcome," Mr Curtain said.
"Over the course of the campaign, it was very well received by buyers from day one. It's a grand home in a location that is very convenient and obviously the grand proportions of the home resonated with a lot of buyers.
"I have a personal view that were are approaching a golden decade for Brisbane, there are so many people coming to this part of the world, high level of infrastructure activity.
"I think the stock levels next year will be similar to this year, there is still ample opportunity for families to find the right homes but I do see 2024 being very similar to this year."

5:19 pm November 25, 2023

Modern Tarragindi home sells for $1.68m

David Bonaddio

10 Percy Street, Tarragindi Agents: Mitchell Smith and Ray Giardina, Place Annerley

A four-bedroom, three-bathroom home at 10 Percy Street, Tarragindi has sold under the hammer for $1.68m with an opening bid of $1.5m.
Property agent Mitchell Smith from Place Estate Agents, Annerley said it was a great result for the area.
"This one was a great home. Arguably this was a three-bedroom home with a media room downstairs rather than a four bedroom home," Mr Smith said.

The stunning pool at 10 Percy Street, Tarragindi

"There was 58 groups that inspected the property over a three week period. We're really seeing that rush from buyers before Christmas.
"I’m very positive, going into 2024, it will be interesting to see what happens with the interest rates next. With all the activity going on around Brisbane at the moment, I doubt the market will be quiet for too long."

5:12 pm November 25, 2023

Wilston home sells under the hammer for $1.025m

David Bonaddio

12 Melvin Street, Wilston Agent: Mario Sultana, Place Newmarket

A three-bedroom, one-bathroom home at 12 Melvin Street, Wilston has sold under the hammer for $1.025m.
The auction was called by Place Estate Agents' auctioneer Tara Kelly with the home being listed by Mario Sultana from Place Newmarket.

5:00 pm November 25, 2023

Unliveable Browns Plains property sells for $540,000

David Bonaddio

The house has been deemed unliveable

ANOTHER dilapidated home in Logan has sold for more than half a million dollars as buyers and investors in South East Queensland develop a keen appetite for renovators.
The run-down three-bedroom, one-bathroom home at 16 Forestglen Crescent, Browns Plains, sold under the hammer for $540,000.and saw a generous 32 bidders register to take part in the auction, with an opening bid of $300,000. 
Outgoing owner Malcolm Mackay said the Australian record-breaking auction at 19 Billabong Drive, Crestmead, which sold for $494,700 in late October this year, inspired him to put the property on the market. 

A huge crowd turns out to the auction

Property agent Cory Boyd from Ray White Marsden, who has become notoriously known for his creative take on campaigns, said that following the success of Crestmead, the campaign went really well.“We’re trying to make the best of a bad situation for our vendors. I was thrilled with what we achieved today, a great result for the owner,” Mr Boyd said. “Seeing over 30 registered bidders is an excellent example of buyer activity. I anticipate that we will see more renovators coming on the market after this sale today.”

1:48 pm November 25, 2023

Kangaroo Point unit sells for $1.665m

David Bonaddio

35/2 Goodwin Street, Kangaroo Point Agents: Adam Nobel and Trent McDermott, Hugo Alexander Property Group – Fortitude Valley

A rare north-east facing three bedroom, two-bathroom apartment at 35/2 Goodwin Street, Kangaroo Point has sold under the hammer for $1.665m.
Four bidders registered to take part in the auction.
Property agent Adam Nobel said there was over 50 people in attendance at the auction today.
"That is the sixth sale for us. We’re doing another three open homes tomorrow and even got people who’ve made offers cash unconditional offers prior to seeing it," Mr Nobel said.

The property is a rare north-east corner residence with breathtaking river and city views

"The last quarter is the best quarter in my opinion. Spring to Summer is always phenomenal and when the most sales take place in Brisbane.
"I think the market is really strong at the moment, from I’ve seen nearly every second street I've driven down has for sale and auction signs.
"Looking ahead to 2024, I think with more properties coming onto the market should be better times ahead for buyers.
The auction was called by David Holmes from David Holmes Auctions.

1:20 pm November 25, 2023

Mount Gravatt clanger sells for $665,000

David Bonaddio

35 Mountain Street, Mount Gravatt Agents: Isa Kural and Len Goud, Ray White Rochedale.

A three-bedroom, one-bathroom dilapidated house at 35 Mountain Street, Mount Gravatt has sold under the hammer for $665,000 with an opening bid of $400,000.
3 bidders registered to take part in the auction.
Property agent Isa Kural from Ray White Rochedale said they went into the campaign with a short, sharp strategy in mind.
"It was only a short eight day campaign," Mr Kural said.
"The buyer lives in Sunnybank and wants to build his dream home there."
The auction was called by David Holmes from and was listed by Isa Kural and Len Goud from Ray White Rochedale.

12:54 pm November 25, 2023

Kuraby home sells for $1.13m

David Bonaddio

1 Nomis Court, Kuraby Agent: Helen from Happy Helen Real Estate

A four-bedroom, two-bathroom home at 1 Nomis Court, Kuraby has sold under the hammer for $1.13m.

The auction was called by auctioneer David Holmes from David Holmes Auctions

Five bidders registered to take part in the auction.
The auction was called by David Holmes from and was listed by Helen from Happy Real Estate International.