A Redcliffe home with part of its roof lost after ex-tropical cyclone Alfred. The storm that crossed South-East Queensland has caused many in the housing market to delay their auction campaigns. Picture: Steve Pohlner
Real estate auctions across Brisbane are resuming after ex-tropical cyclone Alfred, but flooding and storm conditions have caused delays to campaigns across the city.
Many auctions cancelled in preparation for the storm were pushed back by a week or more, and some vendors set to sell this week have also planned to reschedule.
A flooded house in Oxley, after the storm. Flooding has impacted some homes on the market across greater Brisbane. Picture: Steve Pohlner
Director of Apollo Auctions Justin Nickerson said while only one property he was working with was damaged by flooding, many of his vendors were seeking campaign extensions.
“They kind of lost a week,” he said. “They might be running a three-week campaign, for example, and they lost a Saturday where people would be coming through the property, and that momentum.”
67 Brinawa St, Camp Hill, was one of many Saturday auctions delayed thanks to the dangerous weather conditions.
Chief Auctioneer at Place Estate Agents Peter Burgin said auctions with the company were back from Wednesday onwards, but interested buyers should check in on properties they are interested in to see if anything was rescheduled.
“We haven’t had any properties that incurred any significant damage, that I’m aware of,” he said. “There are still some people that have just decided to move their auction back by a week or two, just because they’re feeling [they] probably missed a week in the market.”
93 Creek Rd, Mount Gravatt East, which was a Ray White campaign delayed due to the storm. Several Ray White offices were impacted by flooding from the ex-cyclone.
Several Ray White offices were impacted by flooding conditions over the weekend, and are taking auctions and other real estate campaigns on a case-by-case basis throughout the week.
The one piece of advice auctioneers had for buyers and sellers was to consider how your home fared in strong weather conditions.
“The advantageous thing about buying a property in this kind of weather is you get to see it warts and all,” Mr Nickerson said.
“What’s it like when there’s heavy rain? How does it hold up when there’s high creek or flood levels? … in a way, it adds a bit of transparency in the buying process.”
An Eden’s Landing home affected by a falling tree. Agents advised people to record how their home handled the storm’s weather conditions for future reference, in case they wanted to sell in the future. Picture: NewsWire/Tertius Pickard
Mr Burgin added future sellers could use this time to create evidence of their house’s ability to withstand floods.
“If you have had a property that has been affected by any level of flooding, it would be a great idea to take some timestamp photographs of water levels,” he said. “If you did decide to sell one day, it’s great if the agent that’s representing you can show potential buyers some evidence of [where/how] the most recent flooding affected the property, if it did or not.”
English (US) · 