66 Appleyard Crescent, Coopers Plains Agents: Beven Powell and Hayden Caine, Ray White Annerley
A three-bedroom, two-bathroom home at 66 Appleyard Crescent, Coopers Plains has sold under the hammer for $770,000. The auction had 16 registered bidders with six active throughout the auction. The home is situated in the heart of Coopers Plains village and within walking distance to Coopers Plains state school, Brisbane Christian College, the train station and buses.
The home sold for $770,000
According to PropTrack between August 2022 and July 2023 the median house price for Coopers Plains is $785,000, down 5.8%.
First home buyers flocked to 79 Oates Parade, Northgate today.
A three-bedroom, one bathroom home at 79 Oates Parade, Northgate sold under the hammer for $875,000 with an opening bid of $800,000. Property agent Dwight Colbert from Ray White Aspley said the result today was really good. “It was really good, our result was well over reserve and all the bidders were local first home buyers,” Mr Colbert said. “There was about 45-50 people attending the auction.
79 Oates Parade, Northgate Agent: Dwight Colbert, Ray White Aspley
“We’re finding that there is a lot of genuine, ready to go buyers that are in the market. “Considering the shortage of stock, anything that is decent and well looked after will create competition. “People are wanting to buy a finished product. “If the property is well looked after, you’ll have strong interest.”
399 Pine Mountain Rd, Mansfield Agent: Nick Yamada, Ray White Rochedale
A four-bedroom, two-bathroom home at 399 Pine Mountain Rd, Mansfield has sold under the hammer for $815,000. The large family home is well positioned to dining options and close to Pacific Golf Course and Turubul Park.
The Mansfield home sold under the hammer for $815,000
Westfield Carindale and Metropole shops are also close by. According to PropTrack the median house price for Mansfield between August 2022 and July 2023 is $947,500, down 13.9%.
Demigrating Melbourians sell Hawthorne property for $2.137m
Lead agent and principal Brandon Wortley from Ray White Collective was pleased with today's result.
A Melbourne family have made the decision to demigrate back to Melbourne from their five-bedroom, three-bathroom home at 16 Coventry Street, Hawthorne has sold under the hammer for $2,137,500 with an opening bid of $1.6m. Lead agent and principal Brandon Wortley from Ray White Collective said the result today was a good one. "From 1.6m to about 2.050m, the price went up quite quickly and we went behind closed doors and did a bit of negotiations between the buyer and the vendors," Mr Wortley said.
The Hawthorne home sold for over $2.137m
"We then saw an increased offer on the basis the property was on the market. "The current owners fled the during the pandemic and moving back to Melbourne. "50 per cent of the buyers that went through the home were from interstate." Mr Wortley said the new buyers were local Brisbane buyers from Camp Hill "We had a big whack of the interested parties from Melbourne and Sydney and even interest from London and Dubai," he said. "We’ve got a bit of a mix at the moment, we’ve had a lack of stock but we've got mid and long term confidence.
The home had significant interest from local buyers as well as interstate and international buyers.
"I’m feeling the market is really buoyant at the moment, we sold another property about two weeks ago that sold for 2.4m that sold for 1.8m in Jan 2020. "That growth has never happened before, while it may not be 25-30% that we saw during covid but I still think in the long-term we’re going to get really strong uplift as we get into that $2m plus category where the sensitivity behind interest rate is lower. "Ray White Collective has sold 80 per cent of its auction stock in the last 24 hours. In Hawthorne it was all locals bidding, said Mr Wortley. The Hawthorne property was bought for $1.8 million in September 2021.
5/28 Stopford Street, Wooloowin Agent: Vanessa Harte, Ray White Ascot
A two-bedroom, two-bathroom unit at 5/28 Stopford Street, Wooloowin has sold under the hammer for $770,500 with an opening bid of $450,000. A massive 20 registered bidders took part in the auction today.
There was a large turnout at the auction today.
Property agent Vanessa Harte from Ray White Ascot said her vendors were extremely happy with the result. "We sold the property for $60,000 above reserve," Ms Harte said. "The auction was exciting, there was lots of interest.
Property agent Vanessa Harte said the unit and apartment market is booming at the moment.
"The unit and apartment market is booming at the moment, with first home buyers looking to get in the market. "Demand is very high and i'm seeing mostly owner occupied sales at the moment and not investors. "Buyers are looking for turn-key or minor cosmetic works when they are purchasing. The new owners of the unit are local Brisbane buyers.
9 Jardine Street, Kedron Agent: Lance Russell, Ray White Wilston
A three-bedroom, two-bathroom home at 9 Jardine Street, Kedron has sold under the hammer for $1.49m with an opening bid of $1.1m. Six bidders registered for the auction, with a few last minute bidders registering. Property agent Lance Russell from Ray White Wilston said it was a really good result today with how the campaign ran. "The sellers and buyers are happy," Mr Russell said. "I think it was a pretty good result in the end.
Property agent Lance Russell said the auction was very busy today with a lot of interest in the property.
"It was a busy auction, we still pulled a pretty good crowd and had a few last minute registered bidders. "Stock levels are really low at the moment, if you’ve got a quality home good real estate is going to attract good interest and with this property the home owners did a lot to the property. Mr Russell said with a lot of people coming out of fixed interest rates there will be more property coming on the market in the future. "I don’t think buyers have a lot of choice at the moment. “I think if anything I have more buyers coming back for second, third and fourth inspections to make sure the property is for them.
18 Ada St, Windsor Agent: Shannon Harvey, Place Bulimba
A three-bedroom, two-bathroom home at 18 Ada Street, Windsor has sold under the hammer for $1.1m with an opening bid of $900,000. Seven registered bidders took part in the auction. Property agent Shannon Harvey from Place Bulimba said the result today was fantastic. "The auction process helps align vendors expectations," Ms Harvey said. "We sold it for exactly what this property was worth in the current marketplace. "The vendor had been on a rollercoaster of emotions from day 1 until now but settled on where they knew the value of their property.
Property agent Shannon Harvey said the selling process was a rollercoaster of emotions for her vendors.
"Day 1 they thought the property was worth $1m but as a went through the campaign we thought it was worth more." Ms Harvey said as interest rates rose buyers got fussier with what they were willing to pay. "There's a lot of uncertainty with renovations at the moment buyers are unsure of what the cost is going to be," she said. "This property the owners can move-in straight away and the buyers were stoked. "I think it’s a fantastic time to sell because there’s a lot of buyers and not much stock and it’s a fantastic time to buy as we don’t see pricers going down."
Prestige Clayfield home sells under the hammer for $2.81m
51 Sydney Street, Clayfield Agent: Elisa McMahon, ATLAS
A prestige home at 51 Sydney Street, Clayfield has sold under the hammer for $2.81m with an opening bid of $2.4m. Seven registered bidders took part in the auction. Property agent Elisa McMahon from ATLAS said the sellers and buyers were really happy. "The buyers have been in the market for a couple of months and sellers are thrilled, it's a win win situation," Ms McMahon said. Contrary to other areas in Brisbane Ms McMahon said her clients were open to minor renovations.
The current owners have relocated to the Gold Coast after raising their three children.
"Yes, there is part of the market that wants something ready to move into but the building industry is starting to have more tradesman available," she said. "78 Towers St, Ascot sold for $3.4m which required a decent renovation sold before auction. "Buyers are wanting location, they want both the property and block size. "Families are wanting to be close to good schools. "I think the market is quite steady at the moment, the buyer demand is certainly there. I'm sitting at a 90% completion rate at the moment which is underpinned by the lack of supply in the market."
Two brothers buy home for downsizing parents in Runcorn
35 Methil Street, Runcorn Agents: Kathy Lu and Peter Florentzos, LJ Hooker Sunnybank Hills and Mt Gravat
A three-bedroom, one-bathroom home on a massive 809sq m at 35 Methil Street, Runcorn has sold under the hammer for $1.188m with an opening bid of $720,000. A massive 17 registered bidders took part in the auction. The buyers are two brothers who have purchased the home for their parents who are downsizing. Despite the land size they will not be subdividing the property.
Despite the massive 809sq m block, the new owners won't be subdividing the property.
Property agent Kathy Lu from LJ Hooker Sunnybank Hills and Mt Gravatt said the result was great and well over the sellers expectations. "Due to the lack of supply across Brisbane the market is really strong," Ms Lu said. "What we’ve seen is a lot of interstate buyers and some from overseas. "A lot of people are buying to live in the property rather than invest. "Our investment numbers are down at the moment. "The two brothers that purchased the property plan to do minimal work to home as as construction costs are quite expensive at the moment."
