Eight Mile Plains auction breaks suburb record for a single storey home – realestate.com.au

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43 Ingluna Circuit, Eight Mile Plains Agent: George Yang and Yvonne Zheng

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A new suburb record for a single-storey home has been broken in Brisbane’s south.

A five-bedroom, two-bathroom home at 43 Ingluna Circuit, Eight Mile Plains, has sold under the hammer for $1.651m with an opening bid of $900,000.

19 bidders registered to take part in the auction.

Principal of Ray White Sunnybank Hills George Yang said the vendors were ecstatic.

“All they needed was $1.4m for their next property purchase; they purchased it already, and it was subject to the sale today, needed to hit a certain price point, and it worked in their favour,” Mr Yang said.

19 bidders fought it out at 43 Ingluna Circuit, Eight Mile Plains for their slice of the well sough-after pocket.

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We had 70 groups in throughout the campaign, in this area people tend to walk in and register on the day. It‘s a sought after area and ticks a lot of boxes for the demographic that like to buy here.

“The auction got very competitive – there were overseas buyers from Taiwan with family bidding on their behalf and thought they would come away with the purchase but someone local was the lucky buyer.

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“It was one of those auctions that were back and forth; there wasn’t any real pause. There was a bit of fighting among the buyers. The traction for that property came from it being a sought-after pocket.”

Mr Yang said the buyers live locally.

“We sold to a couple who had been looking for a while and liked the area,” he said.

“They have been bidding actively the last few months and finally secured this property.”