By: Staff Reporter
Ray White's Urban Living Group sold almost $15 million at a ‘mega auction' in Brisbane last Friday.
Over 250 people attended the auction, which was held at the Emporium Hotel in Fortitude Valley. The auction clearance rate reached nearly 50 per cent.
Ray White Paddington and Ashgrove principal George Hadgelias said the mixture of homes and apartments for sale attracted a wide range of potential purchasers including investors and people looking to upgrade.
"Buyers battled hard to purchase this outstanding family home in a fantastic location in Hamilton," Mr Hadgelias said.
"There were five registered bidders and the property sold under the hammer to a local family."
Ray White corporate auctioneer Philip Parker, and the Principal of Ray White New Farm, Haesley Cush co-conducted the event.
An agent has sold a home for more than $500,000 above reserv... More >>
Property professionals have been warned they could be fined ... More >>
The listing doesn’t say how many bedrooms this place conta... More >>
A key member of the realestate.com.au sales team has been se... More >>
A hard-working agent is on track to make the biggest sale of... More >>
Recommended for You
Australia’s auction activity was down in every capital city this weekend, with lower auction clearance rates and sales volu... More >>
Australia’s auction activity was down in almost every capital city this weekend, with Brisbane the only city to record an i... More >>
Sydney’s auction clearance rate surged over the weekend, hitting 74.7 per cent, statistics from Australian Property Monitor... More >>
Auction clearance rates slid in almost every capital city this weekend, statistics from Australian property Monitors (APM) ha... More >>