Mater Little Miracles auction home sells for $986,000

Mater Little Miracles auction home sells for $986,000
Mater Little Miracles auction home sells for $986,000

There were 1,529 homes taken to weekend auction across the country, but just the one was raising funds for charity.

The Gold Coast home auction raised $986,000 with sale price at the no-reserve auction going to Mater Little Miracles, that helps more than 2000 sick babies a year.

The four-bedroom, four-bathroom Hamptons-style house at 19 Laurel Drive, Helensvale (above and below), was built by Plantation Homes on the Gold Coast’s northern corridor on land donated by Villawood Properties.

The selling agents Brad Clarke and Siarne Loeve, of LJ Hooker, had 18 registered bidders at the auction where auctioneer Damien Cooley officiated.

Mater Little Miracles auction home sells for 6,000

Cooley noted there were 332 homes that changed hands in Helensvale over the last year - almost one new family moving into the suburb every day, attracted by the train station, Westfield, great schools and parklands, all which are big features for families.

It was the eighth house sold to raise funds for Mater Little Miracles.

"The open plan living home effortlessly opens on to the alfresco and resort style pool with sun deck to celebrate the best of Queensland living," the marketing said.

The weekend saw an overall national preliminary clearance rate of 77 per cent, according to CoreLogic, which noted a small decease in offerings on the prior weekend's 1,615 homes taken to auction, with the final clearance rate came in at 70 per cent.

Mater Little Miracles auction home sells for 6,000

Ate the same time last year, 1,916 auctions were held across the capital cities with a final clearance rate of just 55.3 per cent.

"The final clearance rate across the combined capitals has held at or above 70 per cent for the last 3 weeks and this week is set to be no different," CoreLogic auction analyst Kevin Brogan said.

Melbourne was host to 769 auctions, returning a preliminary clearance rate of 76.6 per cent. 

Sydney recorded a preliminary clearance rate of 83.1 per cent across 522 auctions. The nation's top sale was in Sydney when $5,275,000 was paid pre-auction for an architecturally transformed character home in Manly with harbour views.

The home at 80 Addison Road, Manly (below) came with a separate self-contained flat and cabana with wet bar plus a spa.

Mater Little Miracles auction home sells for 6,000

It was set on a 544sqm block in the Eastern Hill precinct.

It last sold at $2.6 million in 2008.

There was a $4.16 million sale when 18 Tindale Road, Artarmon was auctioned through McGrath. The four bedroom 1910 home, with with pool and spa, last sold at $2.1 million in 2009.

The nation's cheapest sale was a one bedroom apartment at 10/109 Mary Street, Richmond that had been listed with a $255000 to $280000 price guidance.

It sold for $302,500.

It was a $300 a week rental in 2017.

The first floor apartment with around 36 sqm space sits in a block of 12.

A Toorak trophy home on a large corner block sold at auction for $4.7 million.

The house was offered with a price guide of $4.2 million to $4.4 million.

Fiona Counsel and Justin Long of Marshall White secured the sale of 11 Kent Court (below), a three bedroom, three bathroom home spread across a single level.

Mater Little Miracles auction home sells for 6,000

Set on 613 sqm, the cul de sac listing was marketed as providing "an opportunity to move in or redevelop (STCA)."

The northerly oriented home features multiple fireplaces, landscaped gardens and a roof retreat.

Adelaide was the next strongest auction market after Sydney and Melbourne, recording a 76 percent success rate.

Canberra had a 66 percent clearance rate and Brisbane sat on 60 percent, its strongest for some time.

The top sale in Brisbane was a Queenslander in Red Hill. 

The five bedroom home at 28 Bramble Terrace sold through Belle Property at $1,675,000. It had last traded at $756,000 in 2005.

Canberra's top sale was also in its Red Hill.

The 4 Arnhem Place, Red Hill ACT three bedroom house sold through Hayman Partners at $1.4 million.

It had last sold in 2011 at $1.15 million.

It had recently been a $975 a week rental.

Perth was the weakest auction market at 43 percent.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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Clearance Rate Weekend Auctions

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