The couple were up against a big organisation for one of Mount Crosby’s last privately held parcels within a council-controlled pocket.
Despite reports Brisbane’s real estate market has softened,the selling agent says a lack of supply continues to drive demand.
Brisbane prices have overtaken Melbourne’s and are second only to Sydney’s,but there are signs of a shift.
There are regional spots more expensive than blue-chip Byron Bay,but tight supply and enduring brand power are helping it stage a comeback.
The selling agent said the owners had chosen to offload the home after finding the renovations too hard to manage from afar. But it turned a profit.
Brisbane asking rents are at record highs and the $400-a-week suburb is now extinct,putting pressure on tenants’ budgets.
An ageing apartment in an old tower on the Brisbane River smashed its building record,selling for $1.44 million during weekend real estate auctions in Brisbane.
The six-bedroom house sold under the hammer after a three-way battle between families during weekend auctions in Brisbane.
Amid projections of further rate hikes and global turmoil,the three-bedroom property in Indooroopilly sailed past its reserve.
Now that their daughter has graduated as an architect,the Kenmore family decided to sell up and build yet another home – but this time together as a family.