BRISBANE’S HOT PROPERTY MARKET IGNITES AUCTION WEEKEND

Brisbane’s red hot property market has overflowed into the city’s generally sleepy auction scene with more than $10 million in homes and land sold under the hammer on Saturday, including an empty block in Kedron that fetched almost $1 million and the chic Camp Hill Queenslander of an AFL player that cleared almost $1.5 million.

Although hordes of home-hunters pounded the property pavement to a reported 29 auctions, it was the character home of former Brisbane Lion Alex Witherden, at 57 Burn Street, that clocked one of the top results.

His home achieved a reserve-topping $1.43 million – $230,000 more than he paid for the property 18 months ago.

The stellar result comes amid a raft of multimillion-dollar sales in the past few weeks alone as Brisbane house prices continue to climb to record heights and home-hunters battle it out for a piece of the dwindling property pie.

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