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Brisbane auctions ramp up

first_imgBrisbane auctions ramp up this weekend. Photo: Darren England.Brisbane’s auction market is performing well despite a comparably low clearance rate, according to Corelogic.The analyst’s latest data reveals Brisbane last week recorded the nation’s lowest clearance rate at 50 per cent.For the same period, Sydney recorded a clearance rate of 76.8 per cent while Melbourne had 77 per cent clearance.However, CoreLogic auction spokesman, Kevin Brogan, said a deeper dig into the numbers proves the city is actually doing well in the auction stakes.Mr Brogan said, historically, a clearance rate of 50 per cent for Brisbane is good, particularly when you consider relative prevalence of auctions across capitals.“In Sydney and Melbourne 40 per cent or more of houses go to auction,” he said.“Fewer than 10 per cent of the properties go to auction in Brisbane.”Brogan says agents don’t necessarily measure the success of an auction campaign by whether the property sells under the hammer.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor7 hours ago“It’s possible it (may) help you to negotiate a private treaty sale which is, at the end of the day, a successful outcome.”Brogan also said the average vendor discount for private treaty shows Brisbane, at five per cent, is operating in-line with southern capitals.Vendor discounts relates to the eventual sale price for a property compared to its initial asking price.“Sydney’s 4.1 per cent and Melbourne’s 3.8 per sent,” he said.Among the Brisbane properties up for auction this Saturday is 28 Loch St, West End at 9:00am 28 Loch St, West End.The draw of Brisbane State High School catchment will overcome most buyer’s reservations about having to raise a paint brush.If you have a wish to be river side, take a look at 34 Gordon St, Hamilton at 10:00am where a gathering crowd will see a very desirable waterfront holding go on the block.In addition, 4 Stubley St Wavell Heights at 11:00am looks set to make waves with its unique architectural design sure to draw in the locals.last_img read more

Tragic deaths show babies’ fragility

first_imgStuff.co.nz 20 July 2012They are tragedies that could have happened to any family. The deaths of three much-loved and well-cared-for Wellington babies have been made public by a coroner to illustrate how vulnerable infants are. All three suffocated in their sleep. Te Atirau Matehaere Hamiora Gerrard, 6 months, died while sleeping on his stomach, alone in his mother’s bed. Ronon John Dittmer-Lokes died while sleeping on a bassinet mattress in a stroller. The 3-month-old suffocated after rolling on to his stomach. Tusitala-John Savaii-Taatiti, 9 months, died after his father fell asleep on a couch while holding him. The father woke to find his baby wedged in the back of the couch. Attempts by the parents and paramedics to bring the baby boys back to life were futile. Coroner Ian Smith recommended Well Child providers such as Plunket and Tamariki Ora engage with expectant mothers from about week 36 of their pregnancies to ensure they and their families are educated on safe sleeping practices.http://www.stuff.co.nz/national/health/7312850/Tragic-deaths-show-babies-fragilitylast_img read more