QLD Brisbane auction results

I wonder if there is already a thread for some of us to share auction results. We can't all attend every auction, and sometimes it can take a while before we find out the sold price, etc. Even then, not much more info than just the price is reported. I think it would be really cool to know further details like opening bid, second-highest bid etc.

I'll start, as I attended this today:

https://www.realestate.com.au/property-house-qld-west+end-136090654

Opened with a vendor bid by the auctioneer at $2,000,000 and he was calling for people to bump that up by $50k's. Two bidders got it up to $2,200,000 or thereabouts and from there it was going up in $10k's until it got to $2,300,000. Second-highest bidder then offered $2,305,000, but then lost it to the winner who paid $2,310,000.

I'd be absolutely fascinated to read equivalent mini-stories from recent auctions you have all attended.

 

@GK1611 seems to attend a few with good feedback. Pls post your experiences this weekend mate if you attended.

 

Nice house and that is a great spot in West End. Really quite and easy access into the city. Tiny block though!

 

Very common block size for West End, but most blocks that size just have a tiny 3-br house that's 100 years old. - and even those are going for $1.2m+ lately.

 

https://www.realestate.com.au/property-house-qld-west+end-135944986 went for $1.56 million.

https://www.realestate.com.au/property-house-qld-holland+park+west-136165458 went for $865K

 

Wow and not far from the pacific highway. Do you think that's close enough to hear the noise/affect the value a little?

 

Yeah Sackie it's about 30-40 metres in from Bapaume Rd. I think its just far away enough from the M3 (pacific motorway) for it not to be affected by noise.

 

Very nice house.

 

Wow that house was an absolute dump. That's gotta be close to 100% land value.

 

To be fair, you may have only seen the touched up photos; I physically set foot in it and to be quite honest, if I didn't see people living in it, I would have labelled it uninhabitable, just from the mold alone.

You're right though, everyone goes into a project with different eyes.

 

West end is on fire

 

How about south?

 

A few weeks ago this was sold for around $816k at auction, record price for these 900m2 block in Coopers Plains. Agent said this shocked everyone, including the sellers. Heaps of registered bidders: https://m.realestate.com.au/property-house-qld-coopers+plains-135998302

Then this happened over weekend. I believe was sold for $912k at auction, setting a record for 809m2 blocks in Coopers Plains https://m.realestate.com.au/property-house-qld-coopers+plains-136040570

 

Yes coopers plains and Southside is also doing well.
I own an 809 in coopers already on 2 lots which sold for $530k in 2016. So yes been very good growth in these pockets. Almost 70-80%

 

Kitchen looks familiar! This Jane St house looks like one I used to visit back in the early 70s - daughter was a friend from school. It would have to be heritage listed: I suppose council would allow it to be removed though, considering all the other new builds nearby. Sorry, i am not familiar with BCC rules and development hubs.

 

jane st is highly sought after - very close to the restaurant strip on boundary street. It is north facing and drenched in sunlight. It had a 14m frontage which is very rare. House was demo protected and will likely be a $1m + refurb.

It Was a Chinese buyer and their effect has been profound on prices. Enrolling 2 children in BSHS will prob save $300k in schooling costs vs a private school. To be honest I’m surprised West End didn’t move earlier . It isn’t as pretty as New Farm but it’s far more convenient & interesting in my opinion

The suburb has been very tightly held - a lot of the post WW2 Greek migrants are starting to Pass away and their children don’t want the hassle of old rundown properties netting 1% and in need of maintainence so we should start to see more listings.

 

Like my buddy @wylie I'm also glad that it will be restored.

 

Thanks! This is the kind of post I come here for...

 

Me too! Would love to renovate something like that.