The home at 6 Hoad Street, Upper Mount GravattA young family are the new owners of a two-storey brick home after securing the Upper Mount Gravatt property at auction. The three-bedroom home at 6 Hoad St sold for $615,000 under the hammer. Marketing agent Grant Boman, of Ray White Mount Gravatt, said five buyers registered for the auction and four were actively bidding on the day. An opening bid of $450,000 started the action. “It was fairly active. We had a pause around the $605,000 mark and then some negotiations,” Mr Boman said. More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020The home at 6 Hoad Street, Upper Mount Gravatt.“Bidding commenced again at $610,000 and then there was one further bid at $615,000.”Mr Bowman said a young family were the thrilled highest bidders. “They’re renting nearby and the wife actually grew up a couple of streets away and was keen to get back to the area,” he said. “The vendors have owned the home since 1981 and were planning to move to a retirement village. They were pretty satisfied.”Mr Bowman said the Upper Mount Gravatt market was “going strong”.“Family properties are really sought after,” he said.