Save $200,000 by shopping on the other side of the brook
A FIVE-week campaign has ended with seven families taking 18 McCawley St, Stafford to auction and securing a street record price.
Queensland Sotheby’s International agent Simon Young said 103 interested parties viewed the six-bedroom house on 607sq m with families seeing value on the other side of Kedron Brook.
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“Stafford and Stafford Heights are popular with a lot of people who can’t buy in Grange, Wilston and Windsor, and they’re seeing very good value,” Mr Young said.
The $961,000 winning bid was $350,000 above the median house price in Stafford, which currently stands at $611,000, according to CoreLogic property data.
However it would not be enough to buy in neighbouring Grange on the southern side of Kedron Brook, where a six-bedroom house has not sold under $1.16 million since 2016.
All seven registered bidders were active in the Stafford auction with bidding starting at $700,000.
The house had almost 400sq m of under roof space with a triple garage, two decks and a balcony.
Mr Young said the property hit $900,000 and then it became a battle between two bidders.
At $940,000 the auction was paused to talk with the owners before being put on the market.
“It then went for another $21,000 which was well over the owners’ expectations,” Mr Young said.
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