High interest pushes price up at Clayfield auction

first_imgTim Watkins and sons, Tom and Charlie, in the Clayfield home before the saleRay White New Farm’s Travis Wentriro said the buyers’ lease on their rental property ended the day after the auction.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019“They took a punt to have a crack and are lucky to have a house to move into,” he said.“They’re a young couple about to have a baby in the next couple of months, currently renting and buying their first home together.”They were competing in a bidding war with another couple during the auction.“I think the last $10,000 was $500 bids and it got down to a tug-o-war in the end,” Mr Wentriro said. The renovated worker’s cottage at 56 Jackson St, Clayfield sold at auctionSIXTEEN registered bidders, a crowd of around 100 people, and more than 40 bids are just some of the numbers racked up at the recent auction of a renovated Clayfield home. The huge interest shown in 56 Jackson St pushed the final selling price under the hammer up to $875,000. Tim and Louise Watkins purchased the three-bedroom, two-bathroom workers cottage 12 years ago but have relocated to America. The front porch at 56 Jackson St, ClayfieldHe said products of this calibre close to Brisbane’s CBD have been enormously popular, with young couples in particular showing interest. “There are buyers out there and people want to spend money so that’s a positive,” Mr Wentriro said. center_img The open plan living area at 56 Jackson St, Clayfield Clayfield is a high-demand market with 517 visits per property on realestate.com.au, compared with Queensland’s average of 268 visits per property.The suburb’s median house price is $975,000, according to researcher CoreLogic.last_img

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