Auction results from around the grounds

SPRING selling season has lifted a gear with a huge leap in auction volume last week, compared to the previous seven days when the country stopped for footy finals.

Ray White Group Auction Reporting showed 469 Ray White listings were scheduled to go under the hammer last week, as opposed to 350 the week prior.

Crowd numbers also increased significantly from 5945 during footy finals week, to last week’s total of 9247 when the average crowd size per auction eclipsed 30 people.

Of note is the overall attendance at Ray White auctions since July 1, which has reached more than 132,000 people.

On Saturday, Ray White Randwick & Bondi Junction’s Sam Capra worked his magic to see an unrenovated apartment sell under the hammer for $1.377 million.

The 11.30am auction of 3/23 Pacific St, Bronte was broadcast live on Auction Day (formerly Sky News Real Estate) and covered by Domain.

Seventeen bidders, the majority being first-home buyers, were keen on the deceased estate.

Mr Capra told Domain, it had been at least 18 months since he had so much interest in a property.

He said the proximity to the beach and price point had been the main draw cards.

The early auction of a Marrickville apartment ended happily for the vendors, a young couple who sold 43/12 Leicester St through Ray White Erskineville’s Ercan Ersan for $992,000.

Also broadcast live on Auction Day, and covered by both News Corp and Domain journalists, Mr Ersan had four registered bidders vie for the two-bedroom, two-bathroom unit garage.

Ray White’s highest sale in Brisbane on Saturday was at the auction of a Wooloowin family home listed by Ray White Albion’s Jamie Charman.

The renovated Queenslander at 19 Rigby St was purchased for $1.21 million by a Sydney couple with two children and twins on the way.

A four-week campaign had drawn more than 90 buyers’ groups including strong interest from southerners because “that price point is where everyone is right now, $800,000, $900,000 to $1.1 million to $1.2 million”, Mr Charman told Domain.

“That is where you see the real action for Brisbane. It represents very good value for money for ‘multinational’ professional family groups.”

Meantime, a historic cottage in Adelaide sold $150,000 above the suburb median at auction on Saturday.

The circa 1875-built home at 59A Green St, Brompton sold under the hammer for $725,000.

“It was a really good auction and everyone is happy with the result, including the vendors,” Ray White Port Adelaide’s Nick Psarros told The Adelaide Advertiser.

“We had six registered bidders on the day, four of which actually bid. Bidding started at $600,000 and went up in $10,000 increments. In the end, it sold to the two young ladies, who I guess just had a bit more money to spend.”