39 Moore St, Enoggera
Sold under the hammer for $1.4 million
8 registered bidders, 4 active
Lead agent: Janine McDonald - 0419 720 683
Ray White Alderley
Auctioneer: Benson Spong, Ray White
“It was a cracking auction. My sellers are happy, they are a lovely young couple who bought the house when they were pregnant with their first child and now they have two kids, so they are upgrading to a house in Ashgrove. The house is very sentimental and they have loved the area. The buyers are local investors,” Ms McDonald said.
Earlier in the week, Ray White Collective held its Auction Under The Stars event and the powerhouse team sold $19 million worth of property across 24 properties.
The auction event sold 70 per cent of its stock, and Ray White Collective principal and chief auctioneer Haesley Cush said “the units went nuts”.
The unit at 4/190 Moray St, New Farm sold for $582,000, while 4/28 Hazlewood St, New Farm sold for $535,500.
“We had a crazy amount of fierce bidding for these one and two bedders in New Farm - there was such momentum in the bidding for the units with multiple registered bidders. In fact the interest in units is that strong that we are going to hold a unit-only auction event on December 14," Mr Cush said.
“There’s simply not enough supply and many people cannot afford to buy houses, plus the January rents are looking hectic.
“There is always a seasonal bump in rentals in January, and many tenants are already offering to pay over and above the current price. We are still getting around 80 applications per property and no buyers seem too worried about rising rates either. We have seen any distress sales, especially with such a waiting pool of buyers.”
“Prestige properties are still active and anything finished, and already renovated.”
31 Terrace St, Paddington
Sold under the hammer for $1.310,000
4 registered bidders
Ray White Paddington agent Judi O’Dea - 0417 009 635 (pictured below with happy sellers)