Is that this Australia’s quickest public sale?

A home in one of many metropolis’s most sought-after college catchments will go below the hammer simply 5 days after hitting the market in what may very well be one of many quickest public sale campaigns within the nation.

The house owners of 12 Laura Avenue, Highgate Hill listed their property with Place agent Michael Hatzifotis inside 4 hours, after falling in love with one other house.

“The house owners are transferring interstate, and so they want their home bought on Sunday to allow them to bid on the property they wish to purchase on Tuesday,” Mr Hatzifotis mentioned.

“They known as me at midday yesterday. We received the photographer there in two hours, and the property was stay the identical afternoon.”

“I used to be in complete shock at first as a result of I’ve by no means carried out a marketing campaign like this. However then I used to be like, ‘you already know what? We are able to do it’.”

Information present the house owners bought the home for $595,000 nearly 12 years in the past.

Now, it’s all programs go to allow them to safe their dream house forward of a sea change – and Mr Hatzifotis mentioned the home was already gaining traction, because of its location in one of many metropolis’s “most fascinating suburbs.”

Whereas public sale campaigns usually run for 3 to 4 weeks, the Thirties-built four-bedroom house has drawn sturdy curiosity from households in search of a residence within the coveted Brisbane State and Dutton Park State Excessive Faculty catchments.

“Highgate Hill has been one of the widespread suburbs with consumers within the final couple of months,” Mr Hatzifotis mentioned.

“The college catchment is a key issue lending itself to a fast sale, but in addition the house is in a non-flood space and on a 405 sqm block, that are very exhausting to come back by.”

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Positioned in a quiet, elevated avenue near town, public transport, and the colourful West Finish precinct, the house blends character with trendy consolation, that includes an open-plan format over two ranges.

Options embody excessive ceilings, polished timber flooring, a sunroom, and a multipurpose room, whereas a brand new proprietor might doubtlessly elevate the home to seize metropolis views.

A whirlwind five-day marketing campaign means there’s no time for second-guessing. consumers might want to act quick as brokers ramp up advertising by way of social media, letterbox drops, and direct outreach to those that not too long ago missed out on close by properties.

Inspections will likely be rapid-fire over two open-home dates this week, and are available Sunday, the hammer will fall on what’s shaping as much as be the 12 months’s shortest public sale marketing campaign.

PropTrack knowledge reveals the median worth for a four-bedroom home in Highgate Hill has surged 51.4 per cent over the previous 12 months to $2.8m.