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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

High-rise brothel won’t be fast tracked

first_imgNZ Herald 1 June 2012Auckland Council has declined a request to fast track the resource consent application for a 15-level city centre building, which would include a brothel, directly to the Environment Court.Wellington developers John and Michael Chow want to build the tower on the site of the demolished Palace Hotel in Victoria St.The plan is that the first two levels of the black-toned glass building will be blank and layered by a LED screen mesh facing Victoria St. This will carry graphic images for events such as a countdown to the New Year.Property magnate Sir Robert Jones is among those who have already voiced opposition to the plan, with Robt Jones Holdings Auckland director Greg Loveridge saying the scale and look of the building on its northern face were objectionable.http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10810083last_img read more

Vine scores in Southend reserve game

first_imgRowan Vine scored the only goal of the game in an appearance for Southend’s reserves against Oxford on Tuesday afternoon.Vine, who has been out of the picture at QPR for some time, was given permission to play for the Essex club’s second string ahead of a possible move to Roots Hall.Rangers manager Mark Hughes is hoping a number of other players who are not in his 25-man squad will go elsewhere before the end of the season.AdChoices广告Follow West London Sport on TwitterFind us on Facebooklast_img read more

Bookies take a hammering on Black Thursday at Cheltenham

first_img Better Collective cautious on quick recovery as COVID drags growth momentum August 25, 2020 Share Share Related Articles Better Collective Spotlight: How Betarades.gr is driving engagement through YouTube July 30, 2020 ITV secures three-year British racing broadcast deal August 5, 2020 StumbleUpon Submit Having held a slender lead at half time, the bookies took an “unprecedented beating” on day three at Cheltenham after Defi du Seuil led out a procession of short priced winners.Stephen Harris, Horse Racing Editor at bettingexpert.com, reflected on ‘St Patrick’s Thursday’ at the Festival, which left the bookies staring into a Paisley Park-shaped “abyss” after a nightmare day softened only slightly by defeat for Footpad in the Ryanair Chase.Harris on Day 3:“Day 3 at the Cheltenham Festival began with the bookmakers on the back foot after the last four favourites obliged on Wednesday. The money piled onto 3/1f Defi du Seuil (including one £50k bet with Star Sports) in a competitive looking JLT Novice Chase, which proved well placed as Barry Geraghty came with a well timed run up the hill. “The layers were hammered again by the green and gold colours in the Pertemps Finale, with Sire Du Berlais landing a wholesale gamble from 6/1 into 4/1f under an inspired ride from the red hot Geraghty. He traded at three figures in-running on Betfair when coming under pressure early on, and distress flares from the betting ring were now being issued.“Frodon (9/2) was a memorable winner of the Ryanair Chase with a breathtaking display of front running and jumping under Bryony Frost, with the heavily backed 7/2f Footpad proving a rare setback for Irish punters so far this week.“The bookmakers were staring into the abyss now ahead of the featured race of the day, with Paisley Park the shortest priced favourite of the afternoon and one to get stuck into as they chased their ever mounting losses both on and off-course.“Punters played up their winnings on the Emma Lavelle trained 11/8f, with only Faugheen offering any resistance in the market at 5/1. There was blood in the air as the favourite came from miles back to storm clear up the hill, and the entire bookmaking industry took an unprecedented beating.”Harris on Day 4:“Readies will be gathered up again as they prepare to do battle on Day 4, with the featured Gold Cup looking at least 4/1 the field and a very open feel to it on form….though this will not put off the punters who certainly have their tails up.”last_img read more