Cudgee house sells at auction

About 60 people attended a successful auction in Cudgee on Saturday, highlighting the growing interest in the small community.

About 60 people attended a successful auction in Cudgee on Saturday, highlighting the growing interest in the small community.

ABOUT 60 people attended a successful auction in Cudgee on Saturday, highlighting the growing interest in the small community.

A two-bedroom house located at 9 Trotters Lane on just over a hectare with five titles sold under the hammer for $230,000 after opening at $170,000.

Two bidders battled it out for the property, raising the price in $20,000 and $10,000 increments. 

It was one of two auctions run by Ray White Real Estate on Saturday, with the other — a two-bedroom house at 88 Hyland Street — proving unsuccessful.

The house was passed in on a vendor’s bid of $200,000. The property will now go on the market, with the sellers looking at offers above $220,000.

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