Bidders at the auction of 53 Ara St, Camp Hill.
A Camp Hill home has stunned elderly neighbours, selling for $250,000 more than a superior property that sold next door three months ago.
“The street has gone up so much, and anyway, they’d knock this down wouldn’t they?” one neighbour said shortly before the four-bedroom house at 53 Ara St, Camp Hill sold under the hammer for $1.722m on Saturday.
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53 Ara St, Camp Hill sold on Saturday for $1.722m. The house to the right sold in June for $1.475m.
“I’ve been here for 40 years, the house across the road is for sale and look at them watching this. And there’s a man in his 90s over there.
“I did know the lady, she passed away. That’s an incredible price and look at us, we’re all going to die.”
Just starting her life’s journey was 13-week-old Hailey Crowley who was strapped to her mum’s chest under a gazebo in the driveway, facing Place Estate Agents chief auctioneer Peter Burgin.
Place Estate Agents chief auctioneer Peter Burgin addresses the crowd at the auction of 53 Ara St, Camp Hill.
While she was oblivious to the fact that property prices on the street had jumped 16 per cent in the short time since she was born, her mum was becoming painfully aware.
“We’re from New Farm and we’re land banking for the children,” Jess Crowley said.
“New Farm’s gone, we can’t afford there any more, our next preference is Camp Hill.”
Bidding opened at $900,000 for the brick house on 673 sqm that had belonged to Belinda Georgiou and Madeleine Langer’s mother since 1980.
Belinda Georgiou and Madeleine Langer at their mother’s home.
The kitchen at 53 Ara St, Camp Hill.
Standing to the left of the driveway was Keith and Melanie Perkins, whose auction strategy over the past seven months, has included waiting for a vendor bid.
“That gives me an idea of what price the seller is thinking,” Mr Perkins said.
That wish was granted when auctioneer Peter Burgin chimed in with the second bid of the auction, a vendor bid of $1.3m but it was still some time before Mr Perkins entered the auction.
Onlookers and bidders spilled out onto the Ara St verge for the auction with free coffee on offer for all attendees.
“Buyers, my only advice to you is be in front,” Mr Burgin said.
“I hope no one is waiting for me to announce it is on the market. You will not hear those words come out of my mouth.”
That was the motivation Mr Perkins needed and he entered the auction with a bid of $1.51m.
At $1.655m, Place Woolloongabba director James Curtain sought instructions from the sellers and another $10,000 had been added by the time he sidled up Mr Burgin with an updated that prompted the auctioneer to announce that the property was on the market, although true to form, he did not use those words.
“At $1.665m buyers we play for keeps … be in front and we sell if there’s no better bid,” Mr Burgin said.
Ms Crowley battled on for another $57,000 until finally reaching her limit and the property sold to the Perkins family, who live in a neighbouring suburb and will rent the house out before knocking it down to build new.
Buyers Melanie and Keith and Perkins with the seller Belinda Georgiou.
The auction was one of more than 100 across Greater Brisbane on Saturday as part of a mega auction weekend.
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