Buyers voice opinions at auctions

With strong auction activity in full swing across the nation, there was an average of 3.7 registered bidders and 2.5 active bidders attending Ray White auctions.

The top auction sale was in the Sydney suburb of West Pymble. Ray White Upper North Shore agent Thomas Merriman sold 16 Tristania Place, West Pymble under the hammer for $3,400,000, achieving $100,000 over its reserve for his sellers.

Elsewhere, the auction with the most registered bidders was once again in South Australia. For the second week in a row the unstoppable Peter Kikianis of Ray White Semaphore registered the highest number with 20 bidders at the auction of 36 Athalie Ave, Parafield Gardens which sold for $671,000.

Mr Merriman said there had been medium to high interest in this large family home from the start. “The midweek open homes were all very busy and the auction was all over in seven minutes as we had seven very determined and active bidders. It was a fast auction. The new owners are a young professional couple, who had engaged a buyer’s agent, while my sellers are a mature family with teenagers. There are still a lot of buyers around, and lots of busy opens today.”

4/18 Botany St, Randwick

• Sold under the hammer for $1,370,000

• 11 registered bidders, 4 active bidders

• Lead agent: Roger Wardy - 0481 355 493

• Ray White Touma Group

Some 11 registered bidders were vying for this two bedroom unit at the rear of a block of nine in the 'Marvel Loch' building in Randwick. Mr Wardy said the winning buyer actually only saw the property for the first time today and registered mid-way through the hot auction. “This is a coveted lifestyle address, and was very popular with buyers,” he said. Pictured above are the happy sellers.

21 Robinson Cl, Hornsby Heights

• Sold under the hammer for $1.65 million

• 7 registered bidders, 3 active bidders

• Lead agent: Alex Iannuzzelli - 0416 722 709

• Ray White Upper North Shore

Mr Merriman said there had been medium to high interest in this large family home from the start. “The midweek open homes were all very busy and the auction was all over in seven minutes as we had seven very determined and active bidders. It was a fast auction. The new owners are a young professional couple, who had engaged a buyer’s agent, while my sellers are a mature family with teenagers. There are still a lot of buyers around, and lots of busy opens today.

Mr Iannuzzelli achieved a new street record in Hornsby Heights in front of a crowd of 50 people. “There were lots of local families and some first home buyers interested in the house. The winning buyers are upgrading from an apartment in Chatswood and my sellers (pictured above with Alex Iannuzzelli) are downsizers who are moving to Palm Cove in far north Queensland. They have lived in the home for 30 years.”

Ray White dominated in Bentleigh East today with super star sales agent Nick Strilakos selling three from three for a 100 per cent clearance rate. There were huge crowds today and fantastic results across the suburb. A young first home buyer couple won the keys at 3C Manuka St, Bentleigh East, while the sellers (pictured above) are downsizing and want to stay in the area. “All our open homes have been steady today with lots of buyers out and about.” Mr Strilakos sold the four bedroom townhouse at 16A Keswick St, Bentleigh East for $1,515,000 but the auction at 20 Hallow St, Bentleigh East was a screamer. Mr Strilakos said this was a family home of 38 years and his sellers were downsizing retirees. “We had five bidders battle it out, and the property sold for $1.7306 million. This is such an amazing result! We are doing so well in that Bentleigh East pocket. Our hybrid auction system allows family members to watch along from anywhere.”

2/55 Alice St, Clayton

• Sold under the hammer for $929,000, reserve $820,000

• 7 active bidders

• Lead agent: Peter Liu - 0410 380 606

• Ray White Clayton

• Auctioneer: Jonathon Eaves, Ray White

Mr Liu said that in front of a big crowd of 50 people, a young first home owner couple won the keys to this property. “I have seen these buyers at a few of my other auctions in the last few months and it was their lucky day today. My sellers bought the property in 2006 and they are selling to move to Sydney to be close to their daughter who has relocated there for work. We have been smashing all our auctions lately, our auction process is very strong.”

3/49-51 Latrobe St, Hughesdale

• Sold under the hammer for $831,000, reserve was $740,000

• 11 registered bidders, 7 active bidders

• Lead agent/auctioneer: Jonathon Eaves - 0411 051 571

• Ray White Oakleigh

Mr Eaves said there were more than 120 inspections of this two bedroom unit in popular Hughesdale. “Our owner was one of the original owners in the complex some 20 years ago and she lived there as a first home buyer and then they rented it out for a while. The winning bidder was a first home buyer couple.” Pictured above is the winning buyer, with agent Rebecca Waters.

“It was a screamer!” Mr Cush said.

The auction opened at $2 million in front of a huge crowd of 150 people and there were two buyers bidding on the phone - one from Singapore and one from Sydney - and two local bidders on the floor.

“One of the buyers on phone went to $2,615,000 and one of the local buyers on the floor increased by $10,000 to $2,625 million and secured the home.

“The winner was a local who had been looking for some time after selling their home last year.

“It took spring a week or two to get going this year and now we have the best spring selling conditions we have ever had.

“Our loan brokers are telling us that there is a huge pipeline of loan applications which is good news for the strength in the market too.”

Agent Alex Donnan sold this house in late 2019 for $1.850 million. “The owners had done no major renovations to it, it just shows you the fantastic growth and demand for Hawthorne. The sellers are now moving out of Brisbane.”

39 Steadman Street, North Haven

• Sold under the hammer for $767,500

• 4 registered bidders and 3 active bidders

• Lead agent: Rick Schultz - 0468 616 740

• Ray White Port Adelaide / Largs Bay