Topic | Auctions | Brisbane Times

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Surry Hills cottage in need of a reno snapped up for $1.35 million at hot auction

Surry Hills cottage in need of a reno snapped up for $1.35 million at hot auction

Nineteen buyers turned out to compete for the two-bedroom renovator’s delight, undeterred by a falling property market and soaring building costs.

  • by Kate Burke

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First home buyer beats investors for $771,000 Altona North house at auction

First home buyer beats investors for $771,000 Altona North house at auction

Six bidders fought for the stylishly renovated home, a mix of downsizers, investors and first home buyers trying to get into the market before the next rate rise.

  • by Melissa Heagney
Essendon home passes in at auction, sells after for $1.1 million as buyers dig their toes in

Essendon home passes in at auction, sells after for $1.1 million as buyers dig their toes in

Near-silence on the auction floor. The home passes in. Then a sale within the price range. It’s becoming more common as Melbourne’s property market falls.

  • by Melissa Heagney
‘I’m in shock’: Ramsgate Beach townhouse sells for $1.75 million

‘I’m in shock’: Ramsgate Beach townhouse sells for $1.75 million

The vendors were wary about rising interest rates and the cooling market and felt apprehensive about selling, but were shocked at the bumper result.

  • by Kate Burke
Buyer’s market? Sydney auctions drop to weakest level since pandemic began

Buyer’s market? Sydney auctions drop to weakest level since pandemic began

Sydney home owners have about a one in two chance of selling at auction, and about a quarter of sellers are withdrawing their homes from auction altogether. Can buyers get a better deal?

  • by Kate Burke and Melissa Heagney
Steve Smith sells stylish Vaucluse pad for $12.38 million

Steve Smith sells stylish Vaucluse pad for $12.38 million

Cricketer Steve Smith and partner Dani Willis bought the home for $6.6 million in 2020 and transformed it into a far more luxurious residence.

  • by Kate Burke
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Unlivable Redfern terrace sells for $1,025,000, or $85,000 less than last time

Unlivable Redfern terrace sells for $1,025,000, or $85,000 less than last time

Sky-high building costs and a cooling market meant the dilapidated home passed in at auction, then sold afterwards, at a discount to its last trade in 2017.

  • by Kate Burke
Robin Boyd home sold for $2 million at auction after heritage dispute

Robin Boyd home sold for $2 million at auction after heritage dispute

The renowned architect designed the Camberwell residence as his family home, but the most recent owner tried several times to remove it from the heritage register - and lost.

  • by Elizabeth Redman
What happens when a property passes in at auction?

What happens when a property passes in at auction?

As property prices fall, some buyers hesitate to bid on auction floors in the hope of picking up a bargain later. But what if their rival is trying the same tactic?

  • by Elizabeth Redman
Cabarita house sold for $4.72 million to buyers who plan to knock it down

Cabarita house sold for $4.72 million to buyers who plan to knock it down

The auction of an original-condition home surrounded by modern mansions on the waterside attracted three bidders who competed for the block next door six years ago.

  • by Kate Burke
Siblings and downsizing mum spend $2.7 million on Glebe house

Siblings and downsizing mum spend $2.7 million on Glebe house

Four locals competed for the original-condition Victorian house in Glebe’s prestigious Toxteth Estate.

  • by Tawar Razaghi