Half of homes here sell within 13 days but the price must be right

first_imgYou could just move right in a be happy. Potential galore.The two-bathroom, double car garage property had been renovated to be perfect for families with “loads of space for outdoor play” and it was also ideal for those with pets because the play area was fully fenced. The home was on a 678sq m block and located just 18km from the Brisbane CBD.Data from the biggest property portal in the country, realestate.com.au, shows soaring demand for the suburb with 1223 visits per property compared to the Queensland average of 322. A barbecue would go well here.The average home stays on the market just 13 days before selling – but the property had to be priced right to hit the sweet spot.This one landed almost $9000 over the Ferny Hills median but it lingered on market since August – until the owner dropped the asking price. The home’s gain in price mirrors suburb performance with the median having jumped 24.5 per cent in the past five years. Nice spot to curl up with a book. Space to kick a ball around. This home is in Ferny Hills which is seeing a serious rise in demand.ONE of the hottest suburbs in Brisbane has seen a four-bedroom home sell for almost a quarter more than was paid for it just over three years ago.A four-bedroom house at 128 Kylie Ave, Ferny Hills was bought for $445,000 in 2014 and it was listed as having sold for $550,000 last Friday. 128 Kylie Avenue, Ferny Hills, Qld 4055More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019last_img read more