Strong auction results point to the return of buyer confidence
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Strong auction results point to the return of buyer confidence

Buyers and sellers are ‘a much better fit’ in terms of pricing expectations, leading property data expert says

By KANEBRIDGE NEWS
Mon, Feb 12, 2024 9:46amGrey Clock < 1 min

The weekend showed the highest preliminary property auction clearance rates since mid year 2023, new data shows.

The CoreLogic weekend market summary reports that the capital city clearance rate hit a high of 76.2 percent, the strongest result since the first week of June last year.

CoreLogic research director Tim Lawless said the results were a further rise since the previous week’s preliminary clearance rate at 73.9 percent, which was later revised down to 68.3 percent, and represented further evidence of solid rebounds in property prices.

He says the auction results may be a reflection of rising confidence amongst buyers in anticipation of an earlier than expected drop in interest rates.

“The newfound strength in auction markets is a radical turnaround from the December results last year, where the preliminary capital city clearance rate fell to the mid 60 percent range while final clearance rates dropped to the mid 50 percent level,” Mr Lawless said. 

“The early part of the year can show some seasonality, however, with both the volume of auctions and the clearance rate coming in high over the past two weeks, it looks like the year has started with a much better fit between buyer and seller pricing expectations.”



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Mount French Lodge offers a rare mix of privacy, scale and hospitality potential as demand grows for prestige estates beyond beachside hotspots.

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Mount French Lodge, one of the most remarkable private estates in Queensland’s Scenic Rim, has been brought to market, offering a glimpse into the growing appetite for high-end lifestyle properties beyond the state’s traditional beachside enclaves.

Located in the tiny locality of Charlwood, around 100km inland from Brisbane and home to just 146 residents at the 2021 Census, the estate stands in stark contrast to its quiet surroundings. Set across nearly 100 acres and positioned some 600 feet above sea level, the property occupies a commanding vantage point beneath the escarpments of Mount French.

It’s this combination of elevation, scale and seclusion that defines the estate, not just as a private residence, but as an experience-led destination. Mount French Lodge has been recognised in both the 2024 and 2025 Best of Queensland Experiences, reflecting a broader shift towards luxury rural retreats that blur the line between home, hospitality and investment.

Last sold for $3.65 million in 2021 to Brisbane-based entrepreneur Tim Woodhouse, the estate has since evolved into a multifaceted holding. At its core is a central lodge, complemented by guest accommodation, entertaining spaces and resort-style amenities spread across two distinct plateaus.

In total, the property comprises 12 bedrooms configured across eight self-contained apartments within multiple lodges. At its heart is the Great Room, a central gathering space anchored by a large living area and fireplace. Nearby, a fully equipped outdoor pavilion with barbecue facilities sits alongside the estate’s swimming pool.

The property is being marketed as a private compound, ranch, corporate retreat and a wedding venue, highlighting its potential as a lifestyle asset with income-generating capability. This kind of flexibility is increasingly resonating with buyers, particularly as demand grows for properties that can serve as multigenerational homes, wellness retreats or boutique accommodation offerings.

Despite its sense of isolation, Mount French Lodge remains within relatively easy reach of Brisbane, around an hour by road or just minutes by helicopter. That balance of accessibility and privacy underscores the broader appeal of the Scenic Rim, which continues to emerge as a quiet achiever in Queensland’s prestige property market.

The listing is being handled by Queensland Sotheby’s International Realty agents Sandy Davies and Nicholas Miranda, and is expected to attract interest from both domestic and international buyers.

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