The auction action has already started to heat up in Brisbane

first_imgWhile the outside of 67 Brook St, Windsor looked like it needed a coat of paint, it was a different story inside.Bidding on a home 67 Brook St, Windsor started at $600,000 There were three bidders vying for the home, which was marketed by Alex Rutherford. It sold under the hammer for $685,000. Inside 67 Brook St, Windsor had been renovated.Meanwhile 15 Vale St, Kelvin Grove sold at auction for $670,000. Bidding started at $550,000.Agent Mario Sultana said Kelvin Grove was attracting the smart money.More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours ago“We are seeing huge popularity in entry level homes that have renovation potential for buyers keen to build their dream residence,’’ he said.“In this case, the buyer was a local father looking for a passion project and a rental. His priority though was to secure a property in this location to ensure their young family is in the school catchment zone of Kelvin Grove State School.”At 8/159 – 163 Sydney St, New Farm an apartment marketed through Aaron Woolard sold under the hammer for $890,000. Mr Woolard said they had overwhelming interest in the apartment from couples looking to downsize.Another New Farm property sold under the hammer in Ray White auctions on Thursday night.The home at 166 Merthyr Road, New Farm sold for $987,500.Agent Hamish Bowman said there had been a lot of interest in the property and he was convinced it would sell.“There were a few Sydney buyers looking at it, and we’d had a lot of local interest including some small business owners. It’s an ideal spot for a business actually,” Mr Bowman said.“Straight up, it’d be a good renter. But it’s got potential to for small business.’”Vendor Paul Quillinan, an electrician, had owned the property for the past 31 years with his brother John Quillinan. “New Farm has changed so much in 31 years. Back them you could have fired a cannon down the street and not hit anyone. But now it’s so busy, and there’s a lot of traffic and some great restaurants in New Farm too,” he said. “It’s always been so central for me in my work as an electrician, as I work on projects all around the place. I’ll stay in the area as I still like it here.“You can walk everywhere from New Farm and it’s easy to get up to the Sunshine Coast or down to the Gold Coast from there. “For us, it was just time to sell.” 166 Merthyr Rd, New Farm sold under the hammer for $987,500.STRONG weekday auction results could be a good sign for sellers planning to put their homes under the hammer this weekend.With the auction year now in full swing there are 161 home expected to go under the hammer in Brisbane this week – 44 more than last week.According to CoreLogic figures nationally the number of properties being offered for auction this week is higher than at the same time last year.Property to sell this week including three which sold at the Place in room auctions on Thursday night.center_img 169 Empress Tce, Bardon sold under the hammer.Also selling on the same night was 169 Empress Tce Bardon, which went under the hammer for $652,000.Marketing agent Mathew Abboud sold the deceased estate post war home, which sits on an elevated 465sq m in one of Bardon’s quietest street.last_img