Renovation surge sees fixer-upper snatched up at very first open

first_imgEntry level fixer-uppers are all the rage in Brisbane right now. Picture:“What can I say ‘it’s all original’,” was how Mr Hooker described the property. “Renovate or detonate, it’s your choice.”It was not the prettiest property out there but the potential could not be denied when six groups rushed through the home on Saturday with the agency continuing to field calls for it.The fervour comes as renovators and first home buyers search for entry level properties with good potential for strong capital gains.According to, the median price of houses in Everton Park has jumped 29.7 per cent in the last five years, with days on market at just 19 days. 5 Baden Powell Street, Everton Park, Qld 4053. Picture: FIBRO fixer-upper listed for less than its land value 10km from the Brisbane CBD was snatched up at its very first inspection over the weekend.CoreLogic figures showed the three bedroom, single bathroom, single garage house at 5 Baden Powell Street in Everton Park was listed at $450,000, which was less than the $495,000 that the June 30 land valuation came in at.The lowset home on a 675sq m block was listed by agent John Hooker of LJ Hooker Everton Park as being a “very original post war dwelling with good hardwood frame”.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 house has double street frontage. Picture:

Leave a Reply

Your email address will not be published. Required fields are marked *