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Record $32m bid as Queensland property boom ramps up

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26 Knightsbridge Pde East, Sovereign Islands, passed in at $32m.


A record bid for QLD of $32m was made for a waterfront mansion yesterday but the owner says he’ll hold out for more as the state undergoes a major property boom.

The first weekend of auctions after official lifting of Brisbane restrictions saw a surge in confidence across all price levels, from the record bid made for t
he Gold Coast mega-mansionto a house in Brisbane’s south seeing a frenzy of 74 bids under the hammer.



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