Home auction weekends are still seeing strong turnout from buyers and sellers in the first week of December, with dozens crowding some of Queensland\u2019s hottest properties before the end of 2025.<\/p>\n
10 registered bidders showed up at the auction for 10 Burn St, Camp Hill, which was in such demand that six remained active through the furious bidding war.<\/p>\n
Investors, developers and owner-occupiers each made about a third of the demographics seeking the home: a post-war residence on 500 sqm of land.<\/p>\n
<\/p>\n
10 Burn St, Camp Hill \u2013 one of several properties still seeing strong turnout at auctions during the end of the year.<\/p>\n
The rental property was valued as a ready-made house in a popular suburb, a source of passive income and a chance for new home potential on the existing land.<\/p>\n
Place Camp Hill agent Shane Hicks the bidding was \u201cvery aggressive\u201d, from a starting bid of $1.1 million and quickly going up by several hundred thousand dollars.<\/p>\n
\u201cIt\u2019s in an area of the suburb where there is a lot of redevelopment going on,\u201d he said. \u201cIt\u2019s a combination of post-war homes like this \u2026 and a lot of areas where these homes are being knocked down to make a five-bedroom home with a pool.\u201d<\/p>\n
<\/p>\n
The house sold for $1.49 million with stiff competition from investors, owner-occupiers and developers, with each of them feeling it was a perfect opportunity.<\/p>\n
The house sold at $1.49m to a young investor considering future redevelopment, after seeing the property\u2019s value had spiked during the last owners\u2019 tenure.<\/p>\n
Camp Hill was an active suburb over the weekend, with the home at 13 Brisbane Ave seeing active bidding from four out of the five registered.<\/p>\n
\u201cFour of those bidders had seen it at the very first open home three weeks earlier,\u201d Mr Hicks said, \u201cbut the actual fifth bidder, who was the eventual buyer, had never seen it before.\u201d<\/p>\n
<\/p>\n
13 Brisbane Ave, Camp Hill, which sold for $2.4m to a buyer who hadn\u2019t seen it until the day.<\/p>\n
An opening bid from the fifth bidder started the auction at $2 million, with the home\u2019s price shooting up to $2.4 million within minutes.<\/p>\n
After negotiation, the home sold to a professional couple for $2.5 million.<\/p>\n
\u201cThey live in an inner-city apartment, and they have a dog,\u201d Mr Hicks said. \u201cThe dog was one of the reasons for their moving \u2026 they wanted space for their pet.\u201d<\/p>\n
Mr Hicks added he felt he was still seeing a very active rental market across the city, despite many people taking their Christmas breaks.<\/p>\n
\u201cTo me a lot of people say real estate\u2019s over for the year, and it\u2019s not,\u201d he said. \u201cThere\u2019s still a lot of very active buyers out there.\u201d<\/p>\n
<\/p>\n
1 Timbertop St, Buderim, was Queensland\u2019s most-viewed property going to auction on the first weekend of December.<\/p>\n
Queensland\u2019s most-viewed property online that went to auction over the weekend was 1 Timbertop Street, Buderim, with a crowd of more than 70 people to watch the six registered bidders fight for the Sunshine Coast home.<\/p>\n
A bid of $1.1m started the quick auction between three active bidders, moving so fast that the whole thing was over before ten minutes had passed.<\/p>\n
Ray White Buderim agent Brodie Rodgers said the home belonged to a downsizing couple who had owned it for 22 years, and the three-week campaign saw more than 100 people at inspections.<\/p>\n
<\/p>\n
With 1,051 sqm of land, a sea of big owner-occupier families looked to snag the property, which sold for $1.527m.<\/p>\n
\u201cIt just had the ingredients for everyone,\u201d he said, pointing to the property\u2019s 1,051 sqm of land. \u201cAll the buyers fighting out for it had a lot of vehicles.\u201d<\/p>\n
After bidding commenced, the home was quickly called on the market at $1.4 million. Before anyone knew it, the house had sold for $1.527m. <\/p>\n
It went to a local blended family, who Mr Rodgers said were \u201cjust wanting to buy something on a big block with a shared space.\u201d<\/p>\n
\u201cThey sellers are extremely happy now,\u201d he added. \u201cThey\u2019ve got enough to retire \u2026 travel around Australia in their van.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Home auction weekends are still seeing strong turnout from buyers and sellers in the first week of December,…\n","protected":false},"author":2,"featured_media":334321,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-334320","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/334320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=334320"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/334320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/334321"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=334320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=334320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=334320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}