Mr Pattaro was thrilled to call the $2.7 million sale under the hammer of a huge cul-de-sac property at 15 Watson St, Putney.
Twenty-two registered bidders vied for the 1,012sq m block which sold $200,000 over reserve to a local family.
Ray White Gladesville | Ryde sales director Joseph Mazar managed the campaign, which attracted mostly families wanting the larger block. |
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A prized roll of toilet paper was used to entice opening bids at the morning auction of a popular character brick home at 28 Western Crescent, Gladesville (above) which sold under the hammer for $2.175 million.
Around 150 people, including a whooping 22 registered bidders, attended the event with bidding opening at $1.650 million.
“The opening bidder scored one free roll of toilet paper, which is more valuable than a bottle of champagne at the moment,” Ray White Gladesville’s Neil Robson said.
Mr Robson said he’d had 150 groups through the 1920s home during the campaign so the large turnout today wasn’t a surprise.
“A lot of people appreciate, admire and respect character brick homes of this era,” he said.
“This one had a lot of the original features plus modern additions like ducted air con and open-plan living.”
A young couple from the inner-west were the successful bidders.
Still in Sydney, where Ray White Petersham principal Nicholas Arena sold 21/30-34 Cobar St, Dulwich Hill for $822,500 to a local first home buyer.
Mr Arena said eight bidders registered at this morning’s auction, and more than 100 groups showed interest in the apartment during the campaign.
“We had buyer feedback through the campaign around $680,000 to $700,000, so sold well over the feedback,” he said. |
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Ray White Victoria & Tasmania chief auctioneer Matt Condon said the long weekend had resulted in a drop in auction volume across the state.
“Based on preliminary data from the Ray White group, there has been an increase in the percentage of properties that sold prior to auction,” he said.
“Of the auctions that did proceed through to auction day, it’s great to see the continued buyer confidence in Victoria’s real estate market which is reflected in the healthy amount of average active bidders per auction and the large auction day crowd sizes.”
Melbourne’s toilet paper stocks must be healthier than those in Sydney, as Ray White Cheltenham director Kevin Chokshi gave away a 24-pack of 3-ply Kleenex to the opening bidder at his auction of 23 Wingrove St, Cheltenham.
“The auction got off to a flying start, no problem,” Mr Chokshi said.
“The opening bid was $700,000, then it went to $725,000 and up in $25,000s until around $850,000. It was bought by a local developer for $950,500, and we believe they want to redevelop the site and put in two townhouses.”
A vendor-supplied six-pack of gold labelled toilet paper went to the first bidder at the auction of 21 Ajax Drive, Wheelers Hill.
The five-bedroom home sold to a family from Hong Kong for $1.305 million, after bidding opened at $900,000.
Ray White Glen Waverley area manager Cristine Jones said the sellers, whom she’d known for almost 20 years, were delighted with the result.
There was no time for toilet paper to be gifted at the auction of 2/16 Rigby Ave, Carnegie, which attracted a noteworthy 23 bidders and sold for $800,000.
“It was a really well presented unit, the owners selling it did absolutely everything to get it perfect before the auction,” Ray White Oakleigh senior sales executive Leigh Kelepouris said.
“It was over very quickly. The opening bid was $650,000, reserve was $680,000 and within a minute it was at $750,000.” |
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A happy day too for Ray White Mount Waverley’s Nicholas Richards, who sold 22 Lynden Grove, Mount Waverley (above) at auction for $1.495 million.
Bidding opened at $1.2 million, and 19 bids later the property sold to a couple with two young children who will be attending the local school.
“The property is a bit different for the area because it has six bedrooms, a small block but quite a large home,” Mr Richards said.
Four buyers registered but the auction was really a competition between two, following a campaign where 90 groups inspected the home.
Ray White Queensland chief auctioneer Mitch Peereboom cited outstanding auction activity across the state this week.
“On Saturday, a key standout market was the $500,000 to $1 million range,” Mr Peereboom said.
“Plenty of active bidding from buyers willing to compete, ready to go unconditional. A standout sale for Martin Ma, from Ray White Sunnybank Hills, at Parkinson, Bufalino Street.”
The $1.420 million sale of a 1930s Brisbane family home was the top result across Queensland today.
Ray White Ashgrove’s Brigette Righton recorded 14 registered bidders at 62 Kauri Rd, Ashgrove which sold in front of a crowd of around 65 people. |
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In South Australia, the sale of a deceased estate attracted the group’s highest number of registered bidders for the day.
Twenty-eight buyers were keen on the significant corner allotment with development potential at 3 Vasey St, Greenacres.
Ray White Norwood’s Stefan Siciliano said the property sold to a local developer for $685,000, which was $135,000 over reserve.
“The auction was electric,” Mr Siciliano said.
“It rocketed, starting at $350,000 and probably only took 10 minutes.”
Ray White South Australia chief auctioneer John Morris, who called Mr Siciliano’s hot auction, said there were also plenty of positives to take from the state’s in-room auction action of late.
“After last week’s whopping 31 auctions in South Australia, it’s a slightly slower week in Adelaide with just 13 auctions scheduled,” Mr Morris said.
“A mere five for the weekend which does mean that, on a positive note for the first time I’ve known, in-room auction stats outnumber on-site auctions this week. Norwood and Tea Tree Gully both held in-rooms and Sam Doman from Tea Tree Gully actually had an 80 per cent clearance through his monthly in-room event.”
Mr Doman, principal of Ray White Tea Tree Gully, said his office sold four out of the five properties listed at their mid-week in-room auction event.
“We’ve been open for a year now and our office had its best month ever in January, so the market is really good in the northeast,” he said.
“It’s a nice way to mark our first year. We love the in-room process.”
Twenty-five auctions are scheduled across Ray White South Australia next week which would see the company retain top spot in regards to auction listing share. |
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