WATCH LIVE! Brisbane auctions to watch this weekend

Keep an eye on the Brisbane property market in real time with our live auction coverage. 

Good morning Brisbane, we've got an action packed day of auctions today, starting in Kedron at 9am

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

• Brisbane heads to auction with a 45% auction clearance rate from last weekend.

Originally published as WATCH LIVE! Brisbane auctions to watch this weekend

Live Updates

2:20 pm July 1, 2023

12 registered bidders in Coopers Plains: 'Market has changed for the better'

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This property at 40 Musgrave Rd, Coopers Plains, sold under the hammer for $25,000 over reserve.

There are plenty of buyers out and about in Brisbane today, with yet another auction attracting strong bidder numbers.

A four-bedroom house at 409 Musgrave Rd, Coopers Plains, has sold for $875,000 under the hammer, after attracting 12 registered bidders – five of whom were actively bidding.

Marketing agent Bevin Powell of Ray White Annerley said the reserve was $850,000.

The home is move-in ready and on a large block.

The sellers, who are moving into a retirement home, tried to sell last year, but the best offer they received was $800,000.

"The market has changed for the better," Mr Powell said. "The market is tight everywhere. There's no stock."

The buyers are a local couple with three young children.

2:07 pm July 1, 2023

$100k above reserve: Chermside home sells for $1.411m under the hammer

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This property at 20 Meemar St, Chermside, sold at auction for $1.511m.

A newly married, first homebuyer couple has secured the keys to 20 Meemar Street, Chermside, after paying more than $100,000 over the reserve price.

Of the nine bidders who registered for the auction of the five-bedroom, three-bathroom home, five were active.

Marketing agent Holly Bowden of Ray White Wilston said the interest came down to people wanting a move-in ready home.

This property sold for more than $100,000 over reserve at auction.

She said the buyers took her advice on how to bid and follow an auction strategy, which paid off.

The sellers are downsizing after building the house and raising their family there for 15 years.

1:47 pm July 1, 2023

15 bidders: Huge crowd at auction of Enoggera turn-key home

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A crowd of about 150 people watched on as five bidders battled it out for a turn-key property in the suburb of Enoggera in Brisbane's north.

15 interested parties registered to bid for the property at 31 Norman Terrace, but it came down to a competition between two couples.

This property at 31 Norman Tce, Enoggera, sold at auction today.

Bidding opened at $1m before Ray White auctioneer Jason Andrew eventually brought the hammer down at $1.41m to a young family from Graceville.

Marketing agent Alistair Macmillan of Ray White Wilston said there was strong demand for move-in ready properties.

"People aren’t interested in renovating or home improvement at the moment."

The buyers of 31 Norman Tce, Enoggera.

12:29 pm July 1, 2023

Townhouse sells for $909,000 under the hammer after fierce bidding

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This townhouse at 5/19 Kennington Rd, Camp Hill, sold for $909,000 at auction.

A three-bedroom townhouse in the sought-after Brisbane suburb of Camp Hill attracted fierce competition, with the market hotter than ever for detached housing.

Five bidders registered for the property at 5/19 Kennington Road, with bidding opening at $800,000.

Marketing agent Shane Hicks of Place Estate Agents said bidding was "very, very competitive" up until the final sale price.

The buyer was a local who plans to live in the property as his principal place of residence.

Inside the three-bedroom townhouse in Camp Hill.

The underbidder was an investor on the phone from Sydney.

"The market is very strong for units and townhouses," Mr Hicks said. "Buyers are out in force."

12:22 pm July 1, 2023

Nine bidders compete for Mermaid Waters renovator

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Nine bidders registered for the auction of this three-bedroom, brick home in the affluent Gold Coast suburb of Mermaid Waters.

But even the marketing agent was surprised when it passed it in at $1.25m.

"I thought that would have gone actually," Christine Tucker of Harcourts Coastal said. "I've got an offer coming in this afternoon so it will probably be under contract by the end of the day."

A mix of first homebuyers, builders, and interstate parties showed interest in the property at 48 Volante Crescent, which has had the same owner for nearly 40 years.

"It's got great potential to renovate and extend, but is also perfectly liveable as is," Ms Tucker said.

This property at 48 Volante Cres, Mermaid Waters, was passed in at auction.

11:47 am July 1, 2023

Coolum three-bedder sells for $1.19m under the hammer

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This three-bedroom house at 1 Edith Plc, Coolum Beach, has sold for $1.19m under the hammer.

A basic, three-bedroom house in Coolum Beach has sold under the hammer to a couple from Sydney relocating to the Sunshine Beach.

The property at 1 Edith Place – within a 10-minute walk to the beach – attracted seven registered bidders, according to auctioneer Gordon McDonald.

Bidding started at $900,000, then increased to $1m. After $1.1m, the bidding slowed down until the winning bid.

The property at 1 Edith Plc, Coolum Beach, comes with a pool.

Marketing agent Greg Clarke of Ray White Bli Bli said he had sold $10m worth of properties in the area in the last four months – more than half at auction.

Mr Clarke said the threat of people moving from interstate had prompted Queenslanders to upgrade, with the majority of buyers still local.

11:03 am July 1, 2023

Huge auction result: Gold Coast mansion sells for $10.118m under the hammer

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This property at 16 Southern Cross Dr, Surfers Paradise, sold for $10.118m at auction.

The auction action started early this weekend, with a Gold Coast mansion selling under the hammer yesterday for a whopping $10.118m.

The property was offered to the market through Amir Mian, and Alex and Victoria Fleri, at Amir Prestige Group’s auction event at The Langham Hotel in Surfers Paradise.

The view from the Gold Coast property that fetched more than $10m at auction.

Bidding for 16 Southern Cross Drive, Surfers Paradise, opened at $8m with a series of bids before the knockout bid came with a jump of $18,000. A Gold Coast buyer who moved to the city three years ago came away triumphant.