Auctioneer Mark Frater gets the crowd going at 332 Bowen Tce, New Farm. Photo: Steve PohlnerA recent hot run on property over the $1 million mark had seen some extraordinary auction results in recent weeks, with many homes exceeding reserve prices once the hammers fell.Today, however, demonstrated sometimes an auction isn’t a full stop on a marketing campaign.There’s been a real buzz around the stunning extension and renovation of 332 Bowen Tce, New Farm.The crowd was building at 332 Bowen Tce, New Farm. Photo: Steve PohlnerA mix of design elements created a cracking property in the lifestyle heartland of New Farm.Marketing agent at Place Kangaroo Point, Simon Caulfield, said the project was part of a high-end split-and-shift venture by a local small developer.“It’s a lady who lives in New Farm who wanted to create a hobby of renovating houses. She created the home out the back in accordance with the DA (development approval). The intention is to sell one and to rent one, because New Farm is such a strong area in terms of its capital growth and investment quality, so they don’t want to sell both of them.”Auctioneer Mark Frater stood behind the beautiful kitchen benchtop in the open-plan living space and called for numbers from the two registered bidder.Mr Frater was hoping a sale today would help celebrate an important professional milestone.“It’s 25 years to the day since I started auctioneering,” he said.An opening of $1.5 million didn’t stand for long and a mix of bids from both the buyers and the vendors brought things to a head at $1.725 million — unfortunately short of the reserve.At this point, Mr Frater passed in the property, however he was far from disappointed.A few interested parties came through the door today with buyers keen to discuss doing a deal subject to conditions.While Mr Frater wasn’t able to get this one away, he did score a win at 13 Lima Ct, Underwood earlier in the day.13 Lima Ct Underwood had a very successful auction result today.Mr Frater said the four-bedroom low-set brick and tile was a big crowd pleaser with approximately 50 people attending, including five registered bidders.“An opening bid of $450,000, which was a bit on the cheeky side, then we got the bidding to $620,000, and then talked the highest bidder up to $627,000, and that’s where we put it on the market and it was sold,” he said.Another beautiful home at 43A Dopson Street, Taringa, also failed to sell under the hammer today, but agents are confident a result is imminent.43a Dopson Street, Taringa failed to sell at auction but a sale looks imminent.The contemporary four-bedroom stunner rose up its steep block and was a marriage of open plan modernism and commercial construction.The eye line was drawn along the main living area which runs from the well elevated deck, past the kitchen and living space and right through a seamless connection to the courtyard and glass walled pool.The Taringa makes an architectural statement in the suburb.If you ever wanted to swing the putter on your practice green while catching the big game on an outdoor flat screen and correcting the kids swim stroke, then this was the place.More from newsMould, age, not enough to stop 17 bidders fighting for this home4 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor4 hours agoEven the view from the open shower recess in the ensuite was extraordinary.Simon Wheelans of Place Paddington said the home had been very keenly watched by buyers.“It’s a pretty special type of build. We’ve got a great architect, Richard Kirk, and the property has turned out beautifully.“The current owner is a builder of high rise home units, and the concrete construction and stability of this house and all the steel and everything that’s gone into it — if you walk through the home you’ll see the finishes are well above what most other builders would put in.”Auctioneer Peter Bergin kicked off proceeding as the crowd of more than 25, including three registered bidders, warmed up to the idea of buying.An opening bid of $1.9 million was quickly upped by a vendor bid of $2 million. Proceedings were halted at a $2.3 million vendor bid so negotiations could be advanced.The auction was reopened at a buyer’s bid of $2.47 million but it was short of reserve and the property was passed in.“As we envisaged here today, we weren’t expecting an under-the-hammer sale but what we are very pleased and buoyed about it that we are moving in the right and I am very, very hopeful that we can get this thing together over the line in the coming hours or days,” said Mr Bergin.The home at 40 Oriel Rd, Yeronga had a bit more success finding a buyer today.This beautiful home at 40 Oriel Rd, Yeronga has new owners. Photo: supplied.Kristy Noble of McGrath Annerley Yeronga said the owner builder had originally planned to live in the five-bedroom beauty, but circumstances had changed and they decided to sell.“It was a quality owner builder. It was signed off a year ago so it’s a near new home,” she said.It was a tussle between two of the five registered bidders that saw the home sell at the fall of the hammer for $1.81 million.“Elimatta” at 33 Goodwood St, Hendra has found itself a new family.The owners, Mary Ann and Tony Beresford-Smith, had told the Courier Mail what a wonderful place it had been to raise their family, but it required a new brood to continue its story.And that’s exactly what’s happened with a family buyer paying $1.63 million at auction.At 38 Hunter St, Wooloowin, it was a case of a young buyers beating out the developers for a change.Amanda Butler of Butler and Co Estate Agents said the couple were thrilled to secure the home for $890,500.The classic features at 38 Hunter St, Woolwin helped convince the buyer to raise their paddle. Photo: supplied.Ms Butler said developers were keen on buying subject to conditions, but the auction format suited the young couple best and they were able to make it theirs.She said the sellers are pleased to see it continue with a new family as well.“The lady who owns it now, her father and mother bought the land and built the house. It’s been in the same family for 81 years,” Ms Butler said. “A tear or two was shed,” she added.And finally, three strata-titled apartments at 78 Tingira Cr, Sunrise Beach found a new buyer at $1.356 million for the lot.These three apartments at Sunrise Beach are now part of its buyer’s superannuation plan. Photo: suppliedGordon McDonald of The Auction Group said the new owner plans to pop the holdings into their superannuation fund.Mr McDonald said a crowd of more than 50 came to see the units sold.