News Corp Australia Network
A FATHER of two came straight off a night shift to take on 22 competing bidders, including developers and land bankers, to buy a home for three generations of his family.
“I don’t know who was here, it’s a blur, it was fast and furious,” Allen and Lee Real Estate’s Mark Allen said.
“We had 50 groups through open homes ahead of the auction but there were people here I’ve never seen before, including the eventual buyer.”
In scenes reminiscent of the 2021 boom, auctioneer David Holmes received bids for the deceased estate at 68 Nyleta St, Coopers Plains from seven of the 23 buyers, with bidding starting at $800,000.
“What I can tell you is that buyers in this market are some of the smartest buyers I’ve ever dealt with and they know that now is the time to buy,” said Mr Allen, who has been selling real estate for 50 years.
“They had a gap year last year, but they are back.”
The three-bedroom house, which was home to Maree Smith and her eight brothers and sisters, was called on the market at $980,000 and sold for $1.095m, more than $100,000 over its reserve price.
“Our parents (Mary and Jim Collins) were from Enoggera on the north side of Brisbane but my dad worked in Salisbury as a cabinet maker and he didn’t have a car … so they went to the south and found this block of land on a dirt street, no kerb and channelling, no sewerage. The whole of (neighbouring) Robertson was pawpaw farms.
“We had five girls in one bedroom with two sets of double decker bunks and one single bed, mum and dad had a bedroom, and the other four were in the third bedroom with two sets of double decker bunks.”
Family and friends discouraged the purchase but 68 years later, the 809sq m property is now considered ‘Coopers Plains Gold’, four streets away from the QEII Jubilee Hospital and not far from Griffith University.
“Now you’ve got a situation where people are lining up to buy the home and the buyer had never been through the home before today,” Mr Allen said. “He had just come off a night shift and bought it sight unseen for his parents, himself and his two children. His wife wasn’t even there.”
The auction came down to a three-way battle between developers and the night shift worker from Mount Gravatt.
“Our mother dearly wanted another family or two to have their story at 68 Nyleta St,” Ms Smith said.
“We celebrated 68 years at 68 Nyleta St not long ago, it was something our mother had been planning for two years before she passed away last May and we kept it to honour her desire.
“She saw this home as a place where a family would see their story evolve so we are delighted that a family has bought the home. We wish them a beautiful life here.”
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- Source: https://www.realestate.com.au/news/night-shift-dad-gets-job-done-at-auction/