Auction blitz: Time to buy a home under the hammer in Brisbane

first_imgThis house at 34 Bonavista Cres, Doonan, is scheduled for auction this Saturday.3. 17 San Michele Ct, Broadbeach Waters Balinese inspired 51 Brisbane Corso, Fairfield, will head to auction today.8. 17 Durham St, Southport 5 beds, 3 bathrooms, 4 carsAuction at 5pm CoreLogic senior research analyst Cameron Kusher. Picture: David Clark.Ray White Group managing director Dan White said that while the market had softened, the best outcomes for owners looking to sell were created by agents maximising competition through auction campaigns.“Certainly there has been a reduction in auction day clearance rates compared to 2017 and early 2018, but auction results are in line with long-term trends despite the negative publicity,” Mr White said.“Even more importantly, transaction rates at 30, 60 and 90 days for properties marketed under the auction method over the past three months have jumped significantly in all regions in comparison to those marketed any other way.” This house at 51 Martha St, Camp Hill, is scheduled to go to auction today.Ms Gianniotis is marketing a five-bedroom family home at 51 Martha St, Camp Hill, which goes to auction today.Owner Vanessa Turner said she was initially against auctions, but had been inspired by the result of recent sales under the hammer in the suburb, including 26 Henderson Street, which recently sold at auction for $2.1 million.Mrs Turner said she and her husband decided they would also rather sell the house before the federal election.“I think there will be a lot more uncertainty afterwards,” she said.“That’s why we thought we’d sell now and capitalise while the market’s still tracking fairly strongly here in Brisbane.”10 OF THE BEST HOMES GOING TO AUCTION IN QUEENSLAND TODAY1. 8-10 Grant St, Buderim 5 beds, 4 bathrooms, 2 carsAuction at 9am 2 beds, 2 bathrooms, 2 carsAuction at 2pm The impressive stained glass window inside 97 Margate Pde, Margate. 10. 11 Eblin Dr, Hamilton 7 beds, 4 bathrooms, 3 carsAuction at 11am 4 bedrooms, 4 bathrooms, 4 carsAuction at 10am Vanessa and Ian Turner and their three kids at the house they are taking to auction on Saturday. Picture: Annette Dew.BRISBANE is shaking off its shackles and embracing the culture of selling a home under the hammer as it gears up for the last major auction weekend before the Easter lull.This weekend will see some of the biggest and boldest homes in the state go under the hammer, from a riverfront masterpiece in Fairfield to a Hamptons style waterfront haven in Broadbeach and a grand, seven-bedroom mansion with breathtaking views in Buderim.Industry heavyweights say taking a home to auction is still the most proven method of sales success — outweighing the private treaty sales clearance rate on any given day. RELATED: Farmhouse sells under hammer for $2.125m 17 Durham St, Southport.9. 97 Margate Pde, Margate 5 beds, 5 bathrooms, 2 carsAuction at 10am Dan White, Ray White Group managing director. Photo: Attila Csaszar. MORE: When auctions and elections collide center_img This house at 17 San Michele Court, Broadbeach Waters, is going to auction this Saturday.4. 133 Yabba St, Ascot 4 beds, 3 bathrooms, 3 carsAuction at 11am This house at 16 Cottonwood Court, Noosa Heads, is for sale.6. 159 The Panorama, Tallai CoreLogic’s quarterly auction review reveals the national clearance rate rose in the March quarter of 2019.CoreLogic senior research analyst Cameron Kusher said the increase was largely due to a seasonal bounce, but the number of auctions being held in Brisbane was holding up better than some of the other capital of cities. “Auction volumes increase during spring selling season, so you’ll typically find clearance rates trend lower and when auctions start back in the new year, there’s generally a bounce,” Mr Kusher said. He said Brisbane was not an auction centric market, but that could change as more people moved there from interstate. Joanna Gianniotis of Place – Bulimba said Brisbane buyers were becoming more educated and comfortable with the process of purchasing a home at auction.“I’ve been using the auction sale method quite a lot of late and it is working well,” Ms Gianniotis said.She said it gave the buyer a time frame, allowed the seller to gauge the market and created a competitive environment that often resulted in a higher sale price.“If it’s a competitive field for a property, and they see what other buyers are willing to pay, the momentum should bring us to a higher result,” she said. More from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours agoThis house at 8-10 Grant St, Buderim, is scheduled for auction this Saturday.2. 34 Bonavista Cres, Doonan 5 beds, 4 bathrooms, 4 carsAuction at 11am This house at 159 The Panorama, Tallai, is scheduled for auction this Saturday.7. 51 Brisbane Corso, Fairfield This house at 17 San Michele Court, Broadbeach Waters, is scheduled for auction today.Local agents say buyers are becoming more comfortable with buying a home at auction in Brisbane, although tighter lending conditions are hampering confidence in the market. CoreLogic’s latest quarterly auction review, released today reveals Sunnybank Hills remains the suburb with the highest number of auctions in Brisbane and with the highest clearance rate in the city.The report shows the combined capital city auction clearance rate rose over the first three months of 2019 — from 43.6 per cent to 49.9 per cent. This home at 133 Yabba St, Ascot, is going to auction this weekend5. 16 Cottonwood Ct, Noosa Heads 5 beds, 4 bathrooms, 4 carsAuction at midday 5 beds, 4 bathrooms, 4 carsAuction at 2.30pm This house at 11 Eblin Dr, Hamilton, is going to auction today.(Source: Realestate.com.au)last_img read more


Potential payday now $5,000-plus for Hogan Memorial IMCA Modified winner

first_imgVINTON, Iowa – A potential payday of more than $5,000 awaits the Xtreme Motor Sports IMCA Modified feature winner at Benton County Speedway’s Sunday, July 12 Hogan Memorial.The 21st annual event is 50 laps and now pays $1,950 to win, including a $500 bonus from RACEFEEDX and IMCA.TV. Lap money is $50 for every circuit, plus $250 to the leader at mid­way.Hard charger cash awards add up to $600. Minimum start money has been increased to $250 and Modified heat race winners also earn $100.If not al­ready vote eligible, the winner will be added to the ballot for the 2015 Fast Shafts All-Star Invi­tational.IMCA Speedway Motors Weekly Racing national, Belleville Motorsports North Central Region and Allstar Performance State points will be awarded at the draw/redraw show.A mandatory caution will be thrown for a five-minute break midway through the feature, with all cars stopping on the front stretch.Two former race winners and the top two drivers in lo­cal track points who do not qualify will receive provi­sional starts. Previous Hogan Memorial winners will sign autographs from 4:30-5:15 p.m. under the grandstand.IMCA Sunoco Stock Cars, Karl Chevrolet Northern SportMods, IMCA Sunoco Hobby Stocks and micro mods are also on the card. Stock Cars race for $1,000 to win, Northern SportMods and Hobby Stocks both for $750 to win.Hard charger awards are $225 for the Stocks and $125 for the SportMods. Winning a SportMod heat race will also pay $25 or more.Grandstand admission is $12 for adults and $5 for kids ages 6-12, with five and under admitted free. Pit passes are $25. Gates open at 4 p.m., with hot laps at 6 p.m. and rac­ing to follow.More information about the Hogan Memorial is avail­a­ble at the www.jjamracing.net website or by calling 515 201-5526.last_img read more


Alvarado, Barry among top performers at Echo Lake Swim

first_imgMOUNT DESERT — The rain was coming down in sheets, but that didn’t stop dozens of Hancock County swimmers from making the trip to Echo Lake over the weekend.Sam Alvarado repeated as the Bill Reeve Echo Lake Swim’s 1.5-mile winner Saturday morning with a time of 33 minutes, 36.05 seconds. The Ellsworth High School graduate finished over three minutes ahead of his nearest competitor.In second and third places, were Camden Holmes and Zain Fitzsimmons, respectively. Tying for fourth place were Kristy Barry and Emma Farnham, who finished with identical times of 38:19.80.Barry also won the 500-yard swim with a time of 6:44.54 Below is a list of the top-five finishers in both events.This is placeholder textThis is placeholder text1.5-mile swimSam Alvarado, 33 minutes, 36 secondsCamden Holmes, 36:45.19Zain Fitzsimmons, 36:51.19(4T) Kristy Barry, 38:19.80(4T) Emma Farnham, 38:19.80500-yard swimKristy Barry, 6:44.54Lauren Joliat, 6:58.90Keith Chandler, 7:14.47Jim Goodman, 7:38.24Calvin Nelson, 7:59.24last_img read more


Syracuse commit and No. 9 recruit Darius Bazley named to McDonald’s All-American game

first_imgI’m honored to be a McDonald’s All-American. A surreal moment I’ll never forget!! Thank you @McDAAG for the selection. And thank you to everyone who congratulated me! AdvertisementThis is placeholder text— D Baze (@BazleyDarius) January 17, 2018 Published on January 16, 2018 at 6:28 pm Contact Billy: [email protected] | @Wheyen3 Facebook Twitter Google+ UPDATED: January 16, 2018 at 9:22 p.m.Darius Bazley, Syracuse’s top commit in next year’s class, was named on Tuesday to the 2018 McDonald’s All-American game.The 6-foot-9 forward attends Princeton (Ohio) High School in Cincinnati. ESPN currently ranks Bazley as the No. 9 player in the 2018 class.Bazley will play for the West team in the game, alongside Oregon commit Bol Bol and Duke commit Cameron Reddish. The top two recruits in the country — Duke commit and No. 1 R.J. Barrett and uncommitted No. 2 Zion Williamson — will be on the opposing side for the East team. Bazley committed to Syracuse in July and signed his national letter of intent in November. Bazley is one of three current commits in Syracuse’s class of 2018, along with Jalen Carey and Buddy Boeheim.Syracuse has had four incoming recruits play in the All-American game since 2011. Malachi Richardson was most recent, playing in the 2015 contest. DaJuan Coleman played in 2012 and grabbed a game-high 12 rebounds. In 2011, both Rakeem Christmas and Michael Carter-Williams featured in the game.The McDonald’s All-American game is being played at the Philips Arena in Atlanta on March 28. It tips off at 7 p.m. on ESPN. Commentslast_img read more