Save $200,000 by shopping on the other side of the brook

0

- Advertisement -

Linked by the same main road, shops and sporting facilities, Stafford and Grange share the same lifestyle but with very different price tags, as bidders at this Stafford auction found out recently. Picture: supplied.

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.

LIKE AN AUCTION?

STAFFORD HEIGHTS HAS ONE ON SATURDAY. CHECK IT OUT HERE.

“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.

Elevated views and plenty of internal space made 18 McCawley St, Stafford a standout property.

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.

The triple-gabled post-war Queenslander had been renovated and extended while retaining original VJ walls and belt rails.

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.

>>>FOLLOW THE COURIER-MAIL REAL ESTATE TEAM ON FACEBOOK<<<

Leave A Reply

Your email address will not be published.