A couple paid $1.89 million for a Brisbane home in a quick auction, amid a cooling real estate market with a lower clearance rate.

A young couple paid $1.89 million for a Carina Heights home in a 15-minute Brisbane auction, exceeding the reserve price. The auction was part of 180 scheduled in the city, with a preliminary clearance rate of 34%, down from 45% last year. A Melbourne buyer paid $1.295 million for a Sandgate cottage sight unseen, highlighting the mixed activity in Brisbane's cooling real estate market.

December 02, 2024
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