Auction results from around the grounds

THE auction of a deceased estate in Sydney’s Bondi Junction resulted in Ray White group’s highest sale price under the hammer on Saturday.

Ray White Woollahra’s Clay Brodie managed the $2.8 million transaction of 2 Council St, which had been held by the same family for more than 70 years.

Five registered bidders were keen on the four-bedroom classic character home, with the winning party being a local family.

Mr Brodie’s auction was one of just 60 Saturday auctions scheduled for Ray White across New South Wales, on a weekend where real estate played second fiddle to football finals fever.

Forty Ray White auctions were expected to be held across Queensland on Saturday, with the group's highest sale under the hammer occurring at 24 Magdala St, Ascot.

More than 30 people turned up to watch auctioneer Phil Parker declare the beautiful Queenslander sold for $1.95 million, which was Ray White group’s third highest auction sale on the day across the country.

“It was a really stunning, renovated Queenslander and had attracted 70 to 80 groups through during its openings, so we knew it was drawing a lot of interest pre-auction; that sort of home on the big block of land is definitely right back in vogue,” Ray White Ascot principal Dwight Ferguson told Domain.

Meantime, the Sunday Herald Sun reported the suburb of Craigieburn had defied Melbourne’s stalling auction trend by posting the highest number of auction sales across Victoria’s capital city this year, according to REIV data.

Ray White Craigieburn principal Andrew Bellino told the Sunday Herald Sun, the suburb was benefiting from a range of affordability-driven buyers.

“And I think it will continue — there are still buyers out there,” Mr Bellino said.

Last weekend a three-bedroom house at 15 Calibre Ave, Craigieburn, sold for $621,000, with five bidders pushing it $61,000 past reserve.

“That was a good result and a fair way over, but it’s not uncommon to see sales with three to five bidders for a good home,” he said.

Preliminary data from the Ray White Group Auction Reporting system revealed 135 listings had been scheduled to go to auction across Australia and New Zealand on Saturday, with an overall clearance rate of more than 43 per cent (from 94 responses).

Volumes across each state will significantly rise for the first Saturday of auctions in October when 290 Ray White listings are expected to g0 under the hammer.