The Christmas slow down not a problem for Brisbane property auction market.
With other markets looking to slow over Christmas the Brisbane property auction market is predicted to stay strong.
Dr Andrew Wilson, Domain Group chief economist, said across the city the clearance rate at this time of year was close to 50 per cent, a healthy rate for Queensland.
According to Dr Wilson, the Brisbane market is unique in that buyers are still interested in attending and participating in auctions right through to the end of spring.
Read full article: Brisbane Property Auction Article
The article also contains a video of recent live auction at 93 Cracknell Road in Annerly in Brisbane’s southern suburbs. The property ended up selling at auction for $1.29M
If you’re looking to purchase a property at auction, it’s important to know what you’re getting into. You don’t want to bid on a basket-case of a property.
Our local Brisbane inspectors can perform a building and pest inspection of the property and email the report to you by the following morning.