Latecomer First-Time Buyers Win Olympian's Home at Marathon Auction for $1.47m

Sunday, Mar 9, 2025 8:27 pm ET1min read

Former Olympian Michelle Brogan has sold her Doncaster East home for $1.47m to first-home buyers who arrived late to the auction. The four-bedroom home had a slow start but picked up momentum when a young professional couple started bidding 10 minutes late. The auction clearance rate in Melbourne last week was 65.5% from 345 reported results, with 37 auctions withdrawn.

Michelle Brogan, a two-time Olympic medalist and successful entrepreneur, recently sold her Doncaster East home for $1.47 million [1]. The sale came as a surprise, with first-time buyers making a late entrance to the auction [2].

Brogan, who attended the Australian Institute of Sport in the late 1980s [1], is no stranger to making a splash. In 1996, she helped the Australian women's basketball team win the bronze medal at the Atlanta Olympics [3]. She followed that up with a silver medal in 2000 at the Sydney Olympics [3].

After retiring from basketball, Brogan became a pastor, speaker, and entrepreneur [2]. She founded Revolution Ministries and has been traveling the country for over two decades, sharing her powerful testimony and unique sermons [2]. Brogan has also started over five successful businesses [2].

The sale of her Doncaster East home marks another milestone in Brogan's life. The four-bedroom property had a slow start at the auction but gained momentum when a young professional couple arrived ten minutes late [2]. The auction clearance rate in Melbourne last week was 65.5% from 345 reported results, with 37 auctions withdrawn [4].

Brogan's unexpected home sale serves as a reminder that sometimes, the most unexpected opportunities arise when we least expect them.

References:

[1] Prabook. (2022). Michelle Brogan. https://prabook.com/web/michelle.brogan/2074128
[2] Michelle Brogan. (n.d.). About Michelle. https://www.michellebrogan.com/about-michelle-brogan.cfm
[3] Olympics Australia. (n.d.). Michelle Brogan. https://www.olympics.com.au/olympians/michelle-brogan/
[4] MyProperty. (2022). Melbourne Weekly Property Report. https://www.myproperty.com.au/weekly-property-report/vic/melbourne/

Aime Insights

Aime Insights

How might the recent executive share sales at Rimini Street impact investor sentiment towards the company?

What is the current sentiment towards safe-haven assets like gold and silver?

How should investors position themselves in the face of a potential market correction?

How could Nvidia's planned shipment of H200 chips to China in early 2026 affect the global semiconductor market?

Comments



Add a public comment...
No comments

No comments yet