FRANCHISE NEWSNationalReal Estate News

RE/MAX agents making top sales

RE/MAX agent Tyler Bean made the top ten Brisbane sales list recently with a home in Charteris Street, Paddington, selling for $1.6million.

The contemporary home over three levels, with a pool and views, sold under the hammer on 25th February.

The median price for a four-bedroom Paddington home is $1.15 million.

“The beautiful views were a definite selling point, and we capitalised on this through our marketing campaign, which in turn attracted a lot of buyer interest.

‘We had four registered bidders including the successful phone bidder acting on behalf of a young family hoping to buy their second home, which they did on the day,” Bean said.

Bean who had previously been on the top ten list last December thanks to the under-the-hammer sale of an Indooroopilly home in Gilgandra Street for $1.37million.

Wylie St Graceville
Charteris St view lists the top ten sale prices in the city each week, usually with information about the properties and agents.

Also featuring in the first quarter of this year is RE/MAX Riverside principal Martin Hood with Wylie Street, Graceville settling in February and 21 Wingarra Street, Yeerongpilly settling in January.

The buyers who hailed from Asia chose the five-bedroom Graceville, Queenslander because of its proximity to a secondary college for their year nine-year-old daughter.

They purchased the property with a cash contract of $1.520 million, requiring only a pest inspection and Foreign Investment Review Board (FIRB) approvals, which occurred within 15 days and this is over the Graceville median price for a four-bedroom home is $977,500.

“The quality of school matters for Chinese parents because it is a gateway to social mobility, greater opportunity, broader subject ranges, a faster path to language fluency and cultural savviness, and possibly a stepping stone to immigration,” Hood said.

RE/MAX Riverside sold the four-bedrooms Yeerongpilly Queenslander just before Christmas for $1.425 million, another record for the area.

In a November auction last year, a Woolloongabba property sold under the hammer at $2.1 million to make the list for Hood.

The property comprised a post war home and a complex of three brick flats on two titles. An unusual state of family affairs had meant the brick units had never been lived in since being completed in the Seventies and were a unique retro offering. The property fetched $250,000 above reserve and $350,000 above an initial private offer.


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June Ramli

June Ramli was a in-house journalist for Elite Agent Magazine.