More Australians are on the hunt for a new home

WHAT happens when there are more bidders than auctions?

While listing numbers may have shrunk since the beginning of the nationwide rolling lockdowns over the past few months, bidder numbers have shot up as a consequence. Many Australians are turning to property hunting after spending more time at home and finding themselves wishing for a bigger living room or an extra study so they no longer have to spend Zoom meetings contending with children, animals and their neighbour who has become overzealous with the mower.The property market now has the ability to go entirely digital meaning inspecting a home or bidding at auction is more accessible than ever. So with less listings and more people looking for their next home, it has resulted in almost unprecedented bidder numbers attending online or onsite Ray White auctions.

In September, an average of 8.4 registered bidders attended a Ray White auction while 4.1 actively participated by placing a bid. These numbers were up from 4.4 and 2.4 respectively on the same time last year. In August, average registered bidders sat at 7.7 while July’s figure was 6.6, to put it in more context.

The increase in competition has led to some impressive sale prices, with Ray White's September auction listings selling on average 12.16 per cent more under the hammer than the highest offer prior to auction.READ MORE ABOUT RAY WHITE AUCTIONS HERE.This Saturday’s auction highlightsThe Ray White Group has 254 properties scheduled to go under the hammer across the country this Saturday. Sydney28 Middle St, Marrickville
Ray White Petersham
Agent: Nicholas Arena - 0404 898 774
Auctioneer: Alex Pattaro
Online at 10:00am

• The seller has owned the property for more than 20 years and has been using it as an investment.

• Interested buyers have been young professionals and families. Mr Arena has overseen more than 100 private inspections.

• The house has a lot of positives, including the separate studio that can be used as a bedroom or study.

203 Trafalgar St, Stanmore (pictured above)
Ray White Surry Hills | Alexandria | Glebe | Erskineville
Agent: Ercan Ersan - 0423 941 112
Auctioneer: James Keenan
Online at 11:00am

• The property has been popular with first home buying couples.

• Built in 1904, the home is in a fantastic spot just 200m to the station and Stanmore's village hub.

Melbourne3/235 Wickham Road, Moorabbin (pictured above)
Ray White Cheltenham
Agent/auctioneer: Kevin Chokshi - 0430 195 517
Online at 10:00am

• Mr Choksi has received interest from first home buyers and some investors and said it’s the perfect apartment for young couples.

• The interested buyers liked the fact that the home is quite private, in a good location and has a well laid-out floor plan.

7 Cabena St, Donvale
Ray White Manningham
Agent: Jarrod Tyler - 0498 290 585
Auctioneer: Matthew Condon
Online at 12:00pm

• The home has been an investment for the seller.

• Most buyers have been either wantimg something they can knock down and rebuild on, developers looking to split the block and first home buyers wanting to renovate the house.

• The auction is scheduled as lot three of the Ray White Manningham online auction session.

Brisbane10 Danaher Drive, Rochedale South (pictured above)
Ray White Springwood
Agent: Tracey Steuart - 0402 246 291
Onsite at 9:00am

• The current owners built the home 28 years ago.

• The auction campaign has been busy, with more than 80 groups inspecting the home.

18 Allarton Street, Coopers Plains
Ray White Annerley
Agent: Bevin Powell - 0405 650 609
Onsite at 9:00am

• A deceased estate

• Interested buyers have been mostly owner occupiers.

• Mr Powell has overseen close to 100 inspections.

68 Merchiston Street, Acacia Ridge
Ray White Annerley
Agent: Bevin Powell - 0405 650 609
Onsite at 1:00pm

• Mr Powell has run a shortened three week auction campaign for this listing.

• Buyers have been almost exclusively investors. Mr Powell said Acacia Ridge is usually a first home buyer market and he has never seen investors coming into the market at this rate.

Adelaide63 Cheadle Street, Henley Beach
Ray White Woodville
Agent: Peter Kiritsis - 0411 501 520
Onsite at 10:00am

• Mr Kiritsis has received a huge amount of interstate enquiries on the property.

• It’s brand new and in the popular beachside suburb of Henley Beach.

22 Trinidad Court, West Lakes
Ray White Woodville
Agent: Peter Kiritsis - 0411 501 520
Onsite at 12:00pm

• There has been strong levels of enquiry from growing families interested in this property.

• It is a typical solid brick West Lakes home located in a quiet cul-de-sac but homes coming up like this are extremely rare.

37 The Circuit, Walkley Heights
Ray White Salisbury
Agent: Justin Irving - 0412 289 674
Auctioneer: John Morris
Onsite at 2:00pm

• A unique home on 973sqm of land with stunning views of the Adelaide Hills.

• Interest in the property has come from families who love the space and location of the home.

• Walkley Heights is a family friendly area.

6 Sunningdale Avenue, Novar Gardens (pictured above)
Ray White Glenelg
Agent/auctioneer: Rod Smitheram - 0417 626 037
Onsite at 4:00pm

• The sellers have been there for 25 years.

• Buyer interest in the home has come from a mixture of downsizers, young families and second home purchasers.

• Mr Smitheram said that Novar Gardens is a low turnover family area with only about 20 to 30 sales a year.