Crowds spill on to street to see ‘heavenly home’ sell at auction
Almost 100 people turned out to see a three-bedroom, one-bathroom colonial cottage on 395sq m in Bardon sell under the hammer for close to $1 million.
Cottage sells before second open home
According to CoreLogic, it was the second highest price to be achieved in the street, with 19 selling in 2017 for $1,610,000. The 2017 sale was of a substantially bigger home, with four bedrooms, two bathrooms and on a larger block of 513sq m.
That being said the street is tightly held. Yesterday’s sale was the first since 2017, when three homes sold (including 19) and prior to that, two changed hands in 2014.
Four properties have no sale date recorded in CoreLogic, which usually indicates they have been held in one family for at least 30 years.
Ray White Paddington agent Judi O’Dea said 83 Bardon Esplanade sold for $947,500 under the hammer.
According to CoreLogic the vendor purchased the home in 2005 for only $495,000, and Ms O’Dea said they had mixed emotions about the sale.
>>FOLLOW EMILY BLACK ON FACEBOOK FOR MORE<<
“They were very teary about it, they were delighted to sell and very happy with their price,” Ms O’Dea said.
“But the emotional attachment to this beautiful home, you just can’t replace and find an area like this and this beautiful home.”
She said it was a “really good” auction, with five registered bidders and huge crowd spilling on to the street.
“I just knew it would be and there was a big mix of neighbours and we had a hell of a lot of people through the house all the way through the five-week campaign,” she said.
The potential parties were attracted to the location and then the home’s character.
Being a traditional colonial cottage, with period features, including high ceilings, stained glass windows and leadlighting, timber fretwork, VJ walls, polished timber floors, french doors and a wrap around veranda.
Ms O’Dea said the sellers had renovated and transformed the home.
“But they kept the character of it,” she said.
“The location there is a seriously just so beautiful.
“Anyone who appreciates the foothills of Mount Coot-tha, the lovely stream across the road and Bowman Park with all the activity there, it’s just magic.
“The community spirit and just the activity, the dogs and the people walking by.
Home sales on the rise
How superstars holiday in Oz
Ms O’Dea said the sale was proof the market understood how tightly held and beautiful the area was.
“People buy and die in these homes, because they’re so attached to it,” she said.
While five bidders registered, the serious competition came down to a couple with a young child and a woman in her late 50s from Toowoomba who placed the winning bid.