The house at 8 Cotswold Place, Wishart, sold for $1,152,000.
THE real estate market on the southside of Brisbane remains strong, as a recent competitive auction has shown.
Eleven registered bidders turned out to fight for a lowset Wishart property, which was on a large 914sq m block.
Inside 8 Cotswold Place, Wishart.
LJ Hooker Sunnybank Hills agent Kosma Comino said the auction at 8 Cotswold Place was “crazy” and that more than 120 spectators watched the action unfold.
“It opened at $800,000 and then just went ballistic,” Mr Comino said.
“We had 47 bids, which is a very large number for an auction.”
The pool and spa were also a drawcard.
The four bedroom, three bathroom house sold under the hammer for $1,152,000.
It is not the only property to sell in the suburb above the million dollar mark recently, with six registered bidders vying for another lowset brick house, this time at 15 Coventry Place.
The house at 15 Coventry Place, Wishart, sold for $1,001,000.
It was bought by a young family with one child for $1,001,000.
“They were looking for a nice big property with a lowset house,” Mr Comino said.
According to CoreLogic Data, the median house sale price for Wishart is $735,000.
That is a 36.7 per cent growth in the past five years.