Brisbane house sells $600,000 above asking price

A Brisbane couple’s house has sold for $600,000 more than the asking price, going for a whopping $2.08 million.

The owners were looking for anything over $1.5 million for their Sinnamon Park property, but last minute negotiations with a determined buyer resulted in the home selling pre-auction for just shy of the suburb price record of $2.2 million.

NGU Real Estate chief executive officer Emil Juresic and sales agent Kylie Franco negotiated the “phenomenal” sale.

“Our goal was to sell this home for higher than $1.5 million,” Mr Juresic said.“Really the maximum the owners thought they could get was maybe $1.7 million.”

However, when a determined buyer was set on securing the home before its auction, Mr Juresic saw an opportunity.

“The owners were prepared to sell cheaper,” he said. “But I refused. I felt there was more money in this home.

“The owners actually started to get afraid we’d lose the buyer with the price getting higher and higher.”

The 37 Northbrook Street property was bought for $1.18 million in 2007, meaning the house has made close to a million-dollar return in less than 10 years.

The sale was more than three times the suburb’s $596,000 median house price.The retired sellers, Julie and Darryl Beutel, said they were over the moon with the outcome.

“We are so pleased with the price, and we wouldn’t have achieved it without the work of the agents and marketing efforts,” Mrs Beutel said.

A Brisbane couple’s house has sold for $600,000 more than the asking price, going for a whopping $2.08 million.

The owners were looking for anything over $1.5 million for their Sinnamon Park property, but last minute negotiations with a determined buyer resulted in the home selling pre-auction for just shy of the suburb price record of $2.2 million.

NGU Real Estate chief executive officer Emil Juresic and sales agent Kylie Franco negotiated the “phenomenal” sale.

The 2932sq m estate at 37 Northbrook Street. Photo: Supplied

“Our goal was to sell this home for higher than $1.5 million,” Mr Juresic said.

“Really the maximum the owners thought they could get was maybe $1.7 million.”

However, when a determined buyer was set on securing the home before its auction, Mr Juresic saw an opportunity.

The view from up into the living room. Photo: Supplied

“The owners were prepared to sell cheaper,” he said. “But I refused. I felt there was more money in this home.

“The owners actually started to get afraid we’d lose the buyer with the price getting higher and higher.”

The 37 Northbrook Street property was bought for $1.18 million in 2007, meaning the house has made close to a million-dollar return in less than 10 years.

The property includes a 12-metre swimming pool. Photo: Supplied

The sale was more than three times the suburb’s $596,000 median house price.

The retired sellers, Julie and Darryl Beutel, said they were over the moon with the outcome.

“We are so pleased with the price, and we wouldn’t have achieved it without the work of the agents and marketing efforts,” Mrs Beutel said.

The house has five bedrooms and four bathrooms. Photo: Supplied

“But we did get nervous during the negotiations. We didn’t want to lose the buyer.”

Despite the $600,000 bonus, the pair said their plan remained the same.

“We planned to build a home on our block of land in Moggill,” she said. “We’re a bit older now and don’t need to be so close to the city anymore.”

The 2932-square-metre property boasts its own tennis court, in-ground pool, gym, a sound-proof media room and a six-car lock-up garage.

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