LIVE AUCTIONS: Young couple scores home after three years of looking

Investors have flocked to get their slice of 'rare' Bulimba real estate. HERE'S WHAT IT SOLD FOR

Her husband may have been on a fishing trip, but this buyer jumped on the chance to get into the market after three years of looking.

Hello Brisbane, we've got an action packed day of auctions today. Check out our coverage

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 42% auction clearance rate from last weekend.

Live Updates

4:35 pm November 4, 2023

Crestmead continues to be hot property at home sells for $540,000

David Bonaddio

25 Tulong Street, Crestmead Agents: Cory Boyd and Keron Petzer, Ray White Marsden

A four-bedroom, one-bathroom home at 25 Tulong Street, Crestmead has sold under the hammer for $540,000 with an opening bid of $100,000.
Four bidders registered to take part in the auction.
Property agent Cory Boyd from Ray White Marsden said he was confident in how the market was tracking on from last week's record breaking auction.

Property agent Cory Boyd said the market is Crestmead was still very strong.

"It's all going well, we’ve got another one that will be launching next week similar to Billabong Drive," Mr Boyd said.
"Lots and lots of enquiries, lots of buyers trying to get in the market before a potential interest rate next week."

4:14 pm November 4, 2023

Enoggera home sells prior to auction

David Bonaddio

39 Shirley Street Enoggera Agent: Nicholas Carroll and Steven Webster, Image Property North Side

A five-bedroom, three-bathroom home at 39 Shirley Street Enoggera has sold prior to auction for $3.050m.
Property agent Nicholas Carroll from Image Property North Side said there was a great amount of interest in the property.

The home had multiple offers prior to today's scheduled auction and was sold prior.

"We had multiple offer last week. Over the course of the campaign we have had over 100 groups inspect the property," Mr Caroll said.
"I think the Brisbane property market is still very strong at the minute."

4:04 pm November 4, 2023

Another strong result in Bardon as home sells for $1.96m

David Bonaddio

20 Northam Ave, Bardon Agent: Caroline Brown and Trudy Pulvirenti, Caroline Brown Property

A four-bedroom, three-bathroom home at 20 Northam Ave, Bardon has sold under the hammer for $1.96m with an opening bid of $1.7m.
Property agent Caroline Brown said that the property attracted decent interest.
"Despite the home needing a little bit of work, this is a strong result for the property," Ms Brown said.
"While some buyers are scared off by renovators some other are not.

3:55 pm November 4, 2023

'Iconic' Bardon home sells for $2.78m

David Bonaddio

9 Hardwick Terrace, Bardon Agent: Caroline Brown and Trudy Pulvirenti, Caroline Brown Property

A four-bedroom, three-bathroom home at 9 Hardwick Terrace, Bardon sold under the hammer for $2.78m with an opening bid of $1.5m.
Seven bidders registered to take part in the auction.
Property agent Caroline Brown from Caroline Brown Property said the campaign was incredible.

Seven bidders registered to take part in auction.

"Everyone loved that house. It was iconic everyone knew where it was in the community," Ms Brown said
“Auctions at the moment are an amazing strategy in this market because it is transparent for buyers."

3:36 pm November 4, 2023

Westlake property breaks record for low-set home

David Bonaddio

35 Burnside Crescent, Westlake Agent: Jason Yang, NGU Real Estate

A five-bedroom, three-bathroom home at 35 Burnside Crescent, Westlake has sold under the hammer for an undisclosed price.
Eight bidders took part in the auction.
Property agent Jason Yang from NGU Real Estate said interest rates have been on some buyers minds ahead of Tuesday.
"I've seen some buyers thinking about the potential interest rate rise next week. The emotional buyers are still playing hard. We had a total of 85 groups come through the home throughout the campaign," Mr Yang said.

Some buyers are cautious of the interest rate rises next week, while the emotional buyers are still coming in strong.

"The auction paused, we negotiated with one buyer. It’s sold for a low-set suburb record. The previous record for a low-set home was $1.275m.
"The days of good enough is close enough is over. There are more options for buyers out there thinking if they don't buy this one, they'll go for the next one. It's been a really successful time out this way, in the last six weeks, 15 properties, sold under the hammer or just after the auction. 


3:02 pm November 4, 2023

Broadbeach Waters home sells to an investor for $2.325m

David Bonaddio

26 Welby Street, Broadbeach Waters Agent: Mitch Palmer and Bailey Collie, Ray White Broadbeach Waters

A four-bedroom, three-bathroom home at 26 Welby Street, Broadbeach Waters has sold under the hammer for $2.325m.
Six bidders were registered to take part in the auction.
Property agent and auctioneer Mitch Palmer from Ray White Broadbeach Waters said it was a competitive auction in a good location in the heart of the Gold Coast.
"In the end it was a battle between an investor and a young family, the investor won out and the property sold above reserve,” Mr Palmer said.
“We had a split between families, investors and renovators. The home has lots of potential so it was those three buyer demographics battling it out.”

2:59 pm November 4, 2023

Young couple scores Kedron home after three years of looking

David Bonaddio

A young couple has scored the keys to 10 Scott Street, Kedron

A four-bedroom, one-bathroom home at 10 Scott Street, Kedron has sold under the hammer for $1.38m.
20 bidders were registered to take part in the auction.
Property agent Brooke Copping from Ray White Wilston said the buyers were a couple who had been looking for three years.
"The husband was actually on a fishing trip so the wife was there bidding and while she had been following the property online, she only saw it in person for the first time this morning," Ms Copping said.

10 Scott Street, Kedron, Agent: Brooke Copping, Ray White Wilston

“She was calling her husband throughout the auction and he wasn’t picking up but she kept bidding, she finally got onto him before the end of the auction. They are going to rent it out for a little bit then do a renovation to turn it into their family home.
“We had a lot of young couples and young families who loved it. It’s within walking distance to the private schools in Kedron so that was a big draw. And the land size, people want a big block of land. They also love the Queenslander charm and character along with the potential – you can live in it as is or raise it and build underneath.”

2:46 pm November 4, 2023

Investors flock to Bulimba block of units with 19 bidders

David Bonaddio

92 Stuart St, Bulimba Agents: Joanna Gianniotis and Madison Yates, Place Camp Hill

Investors were out in droves today at 92 Stuart St, Bulimba as four two-bedroom units in the blue-chip suburb went to auction.
The property sold under the hammer $1.79m with anopening bid of $1m
19 bidders registered to take part in the auction.
Property agent Joanna Gianniotis from Place Camp Hill said the auction was intense and exciting.

19 bidders fought it out for a rare piece of Bulimba real estate.

"It was fantastic, it's a rare opportunity to find a block of units like this one. We had a lot of interest from investors with a lot of entities and trusts involved right up to the last moment," Ms Gianniotis said.
"Blocks of units are very much in demand, people see them as a solid investment. I had buyers today saying they would take money out of the share market if they were successful as they saw a long term investment in maintaining it.
"The market is amazing, the demand is still there. People are recognising that buying a property is a great long term plan and that we're still very good value compared to other states."
The new owners are investors from North Queensland.