A two-bedroom cottage at 143 Empress Terrace, Bardon, has become the most-viewed property up for auction in Australia this weekend, according to PropTrack’s latest property preview report. The property sold for $1.33 million on Saturday, October 5, 2024, following a competitive auction.
The modest home, featuring two bedrooms and one bathroom, garnered significant online attention, second only to an apartment in Freshwater, NSW, in terms of views. Carol Summerlin from Dixon Estate Toowong expressed surprise at the property’s online reception, noting the effectiveness of high-quality photography in the marketing campaign.
The auction, conducted by auctioneer Jack Dixon, took place in the backyard with 30 attendees. Nine bidders registered, with five actively participating. The bidding began at $1.1 million and progressed through 13 bids. The winning bidder, a mother purchasing for her daughter, secured the property with a decisive $50,000 increase in the final stages.
At $1.33 million, the sale price is notably below Bardon’s median house price of $1.735 million. Summerlin reported that the new owners were attracted by the property’s charm, large back garden, and the opportunity to join the Bardon community.
The sale reflects broader market trends in Queensland. PropTrack’s report indicates a 20% year-on-year increase in auctions across the state. Greater Brisbane showed particular strength with a 28% increase, scheduling 157 auctions. Regional Queensland also saw growth, with 167 scheduled auctions representing a 14% increase from the previous year.
This Bardon cottage sale marks a strong start to the Spring auction season, highlighting the appeal of character homes in desirable suburbs and the current dynamism in Queensland’s property market.
Published 5-October-2024
