first_imgThe home at 43 Hunter St, Woodridge.A FAMILY home in Woodridge has set a new street record after selling at auction.The property at 43 Hunter St sold under the hammer for $316,000.The previous street record of $310,000 was set by the neighbouring property at 41 Hunter St when it sold in May 2015. Marketing agent Nick Lonzar, of Ray White Stones Corner, said the auction of 43 Hunter St last Saturday attracted four registered bidders, with three actively placing bids. The successful buyer was a last-minute phone bidder who registered before the auction began.The action kicked off with a starting bid of $150,000 and progressed reasonably quickly through to the eventual sale price of $316,000. More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020Mr Lonzar said the new owners were investors from Sydney. “They liked the aesthetics of the home, the fact that it was near a park and school and that it was a double-brick home with fully ducted airconditioning,” he said. Mr Lonzar said the Woodridge market was attracting interest from interstate investors because of its good yields and buying prices.“It’s a consistent market. There are no big spikes, but it’s chugging along nicely with steady growth,” he said. “I think this area has a lot of potential and will be a good growth suburb.” According to CoreLogic, the median house price in Woodridge has increased 22.7 per cent in the past three years to sit at $300,000. The area has recorded a rental yield of 5.5 per cent.last_img