Auctions aren't the end point - with the right strategy, negotiation skills, and market understanding, post‑auction conditions can present very strong opportunities.

Our client, a first‑time investor from Brisbane, wanted this Moreton Bay Region property, but pre‑approval wasn’t through in time, meaning bidding at auction wasn’t an option. Rather than walking away, Ed still attended the auction to see the outcome.

Auctions rely on buyer competition and momentum. When that doesn’t materialise, the balance of power can shift quickly. In this case, there was no competition. The auction stalled, and the property was passed in, which created a window.

By moving immediately post‑auction, Ed was able to negotiate directly with the selling agent, reset expectations, and structure a deal with a short finance clause. After further negotiation the following day, the offer was accepted.

For the investor, this meant securing an asset they couldn’t bid on, while still managing risk and protecting their capital position. Another bonus is that we secured a tenant before settlement.

The asset fundamentals were strong:

🔸 Purchase price: $1,256,000

🔸 Renovated 4 bed | 2 bath | 4 car (including side access for parking), 645sqm block

🔸 Location: Moreton Bay Region, north of Brisbane

🔸 Buyer: First‑time investor from Brisbane

🔸 Rent achieved: $950pw (tenant secured pre‑settlement)

From an investment perspective, the market context supported the decision:

▫️ Median rent (4‑bed): $660pw

▫️ Gross yield: 3.93%

▫️ Vacancy rate: 0.4% (Mar 2026)

▫️ 20‑year avg growth: 5.25%

▫️ 2025 growth: 10.30%

▫️ 2026 growth YTD: 13.9%