Brisbane couple snap up $1.2m home at a $290,000 discount on family walk

A Brisbane couple who went for a Saturday morning walk with their children came home owning another property after stumbling across an auction and snapping up the home for $290,000 below its valuation. Property adviser Stefanie Ramsey and her husband had no intention of buying when they arrived on foot as bidding stalled at $900,000. Stefanie Ramsey, with her two children, outside the home she unexpectedly bought in Wooloowin. Ms Ramsey had not even inspected the four-bedroom character home in need of a renovation. But within minutes, the couple had crunched the numbers, registered to bid and secured the home for $1.21m — almost $300,000 less than its valuation — while other would-be buyers remained on the sidelines. “We hadn’t planned to buy at all. I hadn’t even walked through the property beforehand,” Ms Ramsey said. “When the auction stalled at $900,000 just as we pulled up on foot, we quickly calculated and understood the price at which the opportunity made sense.” This four-bedroom Wooloowin house just sold for $1.21m at auction. But Ms Ramsey, who co-founded Brisbane-based property advisory firm Ramsey Property Wealth with her husband, Ewan, said what unfolded around them wa...