What was the selling price of the hoarder house in Brookfield?

The hoarder house in Brookfield sold for $1.28 million at auction.

Why were buyers banned from inspecting the hoarder property?

Buyers were banned from inspecting the hoarder property because it was filled with hundreds of kilograms of hoarded material and was deemed unsafe and inaccessible.

What are the housing market predictions for Brisbane?

Brisbane housing prices are forecasted to rise by over 10% this year, with further increases expected in subsequent years due to intense demand for land and limited supply.

Home / Business and Economy / Hoarder House Sells for Over $1 Million

Hoarder House Sells for Over $1 Million

17 Feb

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Summary

A hoarder house in Brisbane sold for $1.28 million at auction.
The property was inaccessible and deemed unsafe for inspections.
Demand for land is intense, with housing prices predicted to rise.

A hoarder property in Brisbane's affluent Brookfield suburb has achieved a sale price of $1.28 million at auction. The one-hectare Nioka Street site was extensively cluttered, rendering it invisible in aerial views and inaccessible by car. Buyers were prohibited from inspecting the interior due to the overwhelming amount of hoarded material, estimated at hundreds of kilograms.

The property was sold on an 'as is' basis, with the swimming pool considered irreparable. The house itself is a four-bedroom brick structure with additional rooms and a double carport. Despite the considerable work required, 130 attendees and 40 registered bidders competed for the land, with buyer Nic Vukovic securing the property for $1.28 million.