Darren Lockyer gives Brisbane market a try but can't get his house over the line
Darren Lockyer, the 36-time Queensland State of Origin team hero, has found the Brisbane property market as enduringly tough as his recent on-field experience.
His Paddington residence listed for early August auction remains for sale in the city’s challenging market.
The contemporary Paddington property cost Lockyer $1.49 million in 2004.
It now comes with $2,275,000 hopes.
The five-bedroom, three-bathroom place had been expected to fetch $2 million plus based on the standard growth (and then decline) experienced in Brisbane over the past seven years. A nearby $2.15 million will have given Lockyer some comfort.
No official public price estimate has been given by its listing agents Tim Douglas and Gail Miller at Place Estate Agents.
In March the Broncos captain announced he will retire from all forms of rugby league at the end of the NRL season, his 17th season in first grade.
Brisbane’s auction clearance rates have hovered around 25% in the first nine months of this year, according to Australian Property Monitors, although for the past three weeks there has been a notable improvement from 25% to 30% and a 42% clearance rate last weekend.
