Prediction: 15+ registered bidders for Townsville CBD cottage auction

Samantha Healy

News Corp Australia Network

There are already seven registered bidders for this rundown Townsville CBD cottage, but the agent reckons that will double by auction day.

Located at 273 Stanley St, the cottage is a bit worse for wear, with the brick front porch almost non-existent, parts of the gutter have come away, windows are boarded up and the 208sq m block is strewn with fallen branches and twisted foliage.

It is being marketed by Ian Clarke of Ian Clarke Real Estate on behalf of the Public Trustee, and will go to auction on Saturday at 10am.

“It has been pretty popular,” he said.

“There are seven registered already but I reckon that will double, or get to at least 15 by auction day.”

And Mr Clarke has a pretty good track record for drawing huge crows to his Public Trustee auctions.

Late last year, a hoarder house in West

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Picture perfect Queenslander with mountain views in Cairns’ southern suburb

THIS immaculately-presented Queenslander on a large 1012sq m block has all the signature features of a Queenslander, with casement windows with tinted panels, tongue and groove walls, high ceilings and black bean timber floors.

Ray White Cairns South agent Therese Plath said the four bedroom property at

57 Riverstone Road, Gordonvale, had great views to the landmark Pyramid mountain.

“It is a picture perfect highset character Queenslander,” she said.

Offers over $598,000 will be considered for this four bedroom home on a 1,012sq m block at 57 Riverstone Road, Gordonvale. Picture: Supplied


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Offers over $598,000 will be considered for this four bedroom home on a 1,012sq m block at 57 Riverstone Road, Gordonvale. Picture: Supplied


“The property has two street access and

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The stark cost of the Reserve Bank’s pre-Christmas interest rate hike

The Reserve Bank of Australia has hiked the official cash rate for the eighth consecutive month, delivering yet another hip pocket hit just before Christmas.

At its December board meeting today, the RBA lifted rates by 25 basis points to 3.1% – its highest level since December 2012.

Most economists expected today’s move on the back of the latest inflation data, with the Consumer Price Index sitting at 6.9% in the 12 months to October – down only slightly from September’s quarterly figure of 7.3%.

A man with an empty wallet at Christmas time

The pre-Christmas rate rise comes at a time when cost of living pressures are running red hot. Picture: Getty


“Inflation in Australia is too high,” RBA governor Philip Lowe said in a statement.

“Global factors explain much of this high inflation, but strong domestic demand relative to the ability of the economy to meet that demand is also playing a role. Returning inflation to target

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Beach shack with a million dollar price tag

THE ultimate knock down, rebuild at a Cairns beach front location is on the market – but it comes with a hefty price tag.

The beach shack at 255 O’Shea Esplanade, Machans Beach, is on the street that time forgot, populated with older houses unlike some swanky northern beaches oceanfront strips.

The three bedroom shack built in 1940 has a $1,095,000 price tag.

It is on a 576sq m block and a major selling point is that the block has dual access to Marshall St at the back, and thus no rear neighbours.

This cottage built in 1940 at 255 O’Shea Esplanade, Machans Beach, is on the market for $1,095,000. Picture: Supplied


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The Cairns beach suburb where prices are challenging tourist hot spot

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The property at 255 O’Shea Esplanade, Machans Beach, has dual

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Soccer dad scores: one win, one draw … one house for a suburb record

Debra Bela

News Corp Australia Network

68 Angliss St, Wilston sold for a record price at auction on Saturday. Picture: Ray White Wilston


A DESIGNER home in Brisbane’s north has broken the suburb record for Wilston after selling at auction on Saturday.

Fewer than 40 houses have sold in the tightly held inner-city suburb this year and none of the calibre of 68 Angliss St, which was built for two doctors seven years ago.

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68 Angliss St, Wilston was designed by Base Architecture.


While Sydney father-of-four Andrew Sullivan was getting his kids ready for soccer 1000km away, REIQ 2022 Buyers Agent of the Year Melinda Jennison was standing in the rear entertaining area of the 730sq m Brisbane property with bidding paddle No.55, preparing to compete against six other bidders to buy the five-bedroom, tri-level home for her client.

“I wasn’t on the phone with her,” Mr Sullivan

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