Penny Keating from Pat O'Driscoll Real Estate shows off 110 Caroline St on The Range after it sold at auction within 10 minutes.
Penny Keating from Pat O'Driscoll Real Estate shows off 110 Caroline St on The Range after it sold at auction within 10 minutes. Sharyn O'Neill

Quick home sale signals promise

SOLD in 10 minutes!

This property on The Range was snapped up at auction for $560,000 in about 10 minutes early last month.

Selling agent from Pat O’Driscoll Real Estate, Penny Keating, said she had received a lot of interest in the Caroline St home on top of the hill, with a close call between two active bidders in the final few minutes.

“If I had 20 of these homes I could sell them like that. It’s a spacious gable home with lots of potential,” she said.

The home, which has an in-ground pool and overlooks the city, sits on a large 1432sq m block and was sold to a young Rockhampton family.

Ms Keating said confidence was starting to return to Rockhampton’s property market with the four top-selling suburbs being The Range, Wandal, Norman Gardens and Frenchville.

Another recent sale was a property on Corberry St on The Range, which passed in at auction and had three offers within a week later.

The home sold for $340,000.

“There is a real demand for quality product on The Range and people buying in this area will pay the price,” Ms Keating said.

An RP Data property snapshot of the four top-selling suburbs revealed a $5000 hike in the median sale price in February for homes at The Range from $390,000 in January.

Frenchville’s median jumped from $328,000 to $348,400, while in the suburbs of Wandal and Norman Gardens prices dropped by close to $100,000.



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