First home buyers stare down the competition at auction

first_imgA well-researched family swooped on this house at 7 Eliza Lane, Wavell Heights.A YOUNG family renting locally in Chermside have snapped up their first home at an auction this month.The four-bedroom house at 7 Eliza Lane, Wavell Heights sold under the hammer for $847,000, setting a new street record.The same house broke the record when it sold in 2017 for $820,000 as a brand new home. An open plan kitchen and living area with views to the garden and back deck.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019The two-level house was built in 2016 with three living areas, and an alfresco area with built in wine fridge, gas barbecue and hot and cold water. >>>FOLLOW THE COURIER-MAIL REAL ESTATE TEAM ON FACEBOOK<<< The street view of 7 Eliza Lane, Wavell Heights.Mr Treloar said current real estate conditions are good although housing stock levels are tight and the lead-up to a Federal election will traditionally put a pause on the market. The alfresco kitchen area with built in BBQ and wine fridge.David Treloar of Ray White Albion said the local couple were a little nervous to be bidding at auction but were well researched and held their own against a Melbourne phone bidder. While the auction crowd was moderate, Mr Treloar said three people had registered to discuss buying the property if it was passed in at auction.“They couldn’t meet the 30 day settlement and cash contract but that was important to the sellers because they were starting work on the Sunshine Coast,” Mr Treloar said.The property had been on the market for several months prior to the current campaign. SEE WHAT ELSE IS FOR SALE IN WAVELL HEIGHTSlast_img read more

Read More »