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Bigger land blocks drive fierce competition at auction

first_img53 Lloyd Street, Camp Hill, had a number of pre-registered buyers prior to auction day.Competition was always going to be fierce at the auction of 53 Lloyd Street, Camp Hill yesterday, with 11 of the 13 bidders pre-registered for the event.But rather than the four-bedroom character home with period features being the main attraction, selling agent Joanna Gianniotis of Place Bulimba said it was the large block of land that had attracted all the attention.Larger blocks in coveted areas such as Camp Hill are hot property at the moment with an abundance of buyers looking for that extra bit of space, in a safe and secure suburb. Buyer were attracted to the property’s large 810 sqm block.With an early 9am start, the group of predominantly local buyers set the bidding off for auctioneer Paul Curtain at $1 million, with the price rising rapidly, before slowing at about $1.3 million. It soon withered to just two active groups before the hammer fell at $1.42 million. The property sold to a young couple with a toddler who were looking for a large family home, after recently moving to Brisbane from Melbourne.Having submitted an unconditional offer before the auction, which was unsuccessful, Ms Gianniotis said the couple were determined not to lose out on the day.She said it was a great result and the fact that the house sold over reserve was indicative that buyers’ attention had definitely switched back to bigger blocks. The four-bedroom property is the perfect family homes and has plenty of Queenslander character.“There are a lot of people looking for properties like Lloyd Street, but it’s more about what they are willing to pay for the land rather than the house,” she said. “I have about 12 buyers on my books that are unconditional, looking to purchase a family home on a large block, so if you’re selling, it’s a good position to be in. The problem is a lack of supply.” More from newsParks and wildlife the new lust-haves post coronavirus8 hours agoNoosa’s best beachfront penthouse is about to hit the market8 hours agoThis deceased estate pre-war house at 16 Wride St, Woolowin, exceeded expectations by selling well over the anticipated auction price.The Brisbane auction market continues to be buoyant through September with clearance rates above 60 per cent, 10 per cent higher than last month. Across the river at 16 Wride Street, Woolowin, the action was fast and furious for Ray White auctioneer Haesley Cush, with bids from 12 active groups failing to pause for breath until the hammer fell at $785,000 for the pre-war home. Selling agent Nick Mogridge said he had never seen the momentum at an auction move so fast. “The bids just kept on going and going, but it was all over in about 20 minutes,” he said.The deceased estate went to a Brisbane couple looking to restore the pre-war home to its former glory. Mr Mogridge said it was an amazing result, that no one expected.“We thought it would go for the high $600,000s but to reach $785,000 was amazing.”He believed the property’s location was the main driver. “Woolowin is a little hidden gem, the little sister to Clayfield. The house is in a great street and is the perfect spot for a first-time buyer, or young homebuyer.”last_img read more


by Gabriela Von Euw CARP Bay Area  Everybody can

first_imgby Gabriela Von Euw, CARP Bay Area “Everybody can be great, because everybody can serve.” – Martin Luther King, Jr.Every year on the third Monday of January, Martin Luther King Jr.’s birthday is celebrated nationally through service projects, as a way to honor Martin Luther King Jr.’s efforts to stand up for peace and better our country. Martin Luther King, Jr. has inspired millions to go out, serve others, and lend a helping hand to our communities. This year, over 2,000 volunteers attended the Oakland service project to honor Dr. King’s birthday weekend.Volunteer Service is not just about cleaning, gardening, pulling weeds, etc., but about what we can learn about ourselves and each other. It’s a time when people from many different backgrounds and beliefs gather together to help make a difference in the world, letting go of the barriers that may divide us. It’s a peaceful time where we can all do something small to create a big change.This year, we had many projects available in the Bay Area where volunteers could serve by picking up trash, re-painting old walls and gates, weeding, gardening, and more. Our two main projects were at the Rose Garden and at the Oakland Animal Shelter. At the Rose Garden, we had 60 people come from the Bay Area Family Church (BAFC). We also had Boy Scouts, High School students, CARP members, and other community members participate. We went around the gardens in small groups clearing the vines and weeds around the trees. It was tough work, but everyone remained high spirited working together.“Our service project was at Rose Garden, and I was caught off-guard to see how many beer bottles were surrounding the tree area which we were responsible to clean. It was clear that the garden was being misused. However, while working with other volunteers, I learned that the garden was also a place used for presenting ‘Mother of the Year’ awards to female citizens who best embodied ‘motherhood.’ I felt that despite what I saw in the garden, by serving and cleaning it, I was contributing to reviving the garden for that heavenly purpose.” – Junta Naito, CARP Bay AreaEvery year, a group goes out from the BAFC to volunteer at the Rose Garden which Oakland greatly appreciates. On Saturday, a small group of about eight of high school and CARP college students went out to the Oakland Animal Shelter to put together kennel beds for the animals in the shelter and re-painted the fading yellow gates. We also had a few others from the Oakland community and Oakland counsel join us in the service work.“As a young college student, I am building deeper roots in my beliefs and values. [School] makes me face polarized views in many different avenues. It is sometimes exhausting to deal with. There is so much in the world that people disagree about; however, one thing that almost everyone can come to common ground is acts of service. I was moved to see so many groups and individuals come out to simply serve the community. It gave me hope that someday we can find common ground on a bigger scale, so we can come accomplish even greater things.” – Erika Gordon, CARP Bay AreaThe Mayor of Oakland, Libby Schaaf, visited and helped at each project. At the end of the project, we took a group picture with the mayor at the Animal Shelter. It was a successful weekend of service with many hardworking people from all over coming together to beautify our community we live in! Let’s keep the spirit of serving beyond this day!last_img read more