Home > Auction Wrap, Sold > Auction Wrap – 27 May 2013

Auction Wrap – 27 May 2013

The REIV recorded a clearance rate of 71 per cent on the weekend, compared to 60 per cent on the same weekend last year.

Fletchers achieved a success rate of 80 per cent, a strong follow up from the 88 per cent the previous weekend.

The fantastic weather certainly brought the buyers out with it, and I was pleased to be able to contribute 2 out of 2 properties sold to the company tally (can’t get better than that)!

My colleague Jason Salan and I were thrilled to achieve the fantastic price of $1.665 million for our lovely vendor, Fay, of 26 Bamfield Close in Templestowe. On an acre block in an exclusive Templestowe location, there wasn’t much not to like for the eventual purchasers!

The north facing, open plan living at 4/140 Nelson Road, Box Hill North was a real drawcard for potential purchasers, with three bidders competing to secure the as-new unit. It eventually sold for $510,000 with all parties thrilled with the result!

Last weekend I auctioned six properties, including the four units at 84 Winfield Road, Balwyn North. The process of auctioning one unit after another in the development went smoothly, with all selling under the hammer – a fantastic outcome for our vendors.

A highlight sale came from the auction of 29 Boisdale Street in Surrey Hills, which defied all expectations and was declared sold at $1.115 million. Five bidders pushed the property an impressive $215,000 over reserve!

Next weekend I am auctioning two properties, as one sold before – 18 Sutton Parade, Mont Albert North for $1.508 million…after only 9 days! Our vendors were thrilled with the oustanding sale price achieved.

Hope to see you at some of our open for inspections or auctions on the weekend!

4-140 Nelson Road, Box Hill North

The vendors & purchasers of 4/140 Nelson Road, Box Hill North

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