The North Plympton house at 13 Shelley Avenue attracted 33 registered bidders at auction on the weekend. Pic: realestate.com.au
Fierce competition for a North Plympton home resulted in more than 30 househunters registering to bid for the hot property at auction on the weekend.
The three-bedroom 1959-built house at 13 Shelley Avenue, which is on an 836sqm block, attracted prospective buyers in droves before it sold under the hammer for $618,000.
Ray White Glenelg-Plympton agent Samuel Paton said up to 70 groups inspected the property and 15 offers were made throughout its three-and-a-half-week campaign, while 33 keen buyers registered to bid for it on auction day.
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It sold for $618,000 under the hammer. Pic: realestate.com.au
“That just shows the level of supply and demand at the moment,” he said.
“It was mostly developers looking at that one but there were some home buyers looking at it too.
“It sold above reserve as well.”
Mr Paton said the buyer had plans to redevelop the site in future.
He said demand for limited properties across Adelaide was strong at the moment, with another home in Marion he took to auction at the weekend also attracting good interest.
“We had nine registered bidders, about seven of them placed a bid as well,” he said.
“A first home buyers bought it to live in – the house is perfect for someone like that.”
The three-bedroom house at 3 Fetlar Avenue fetched $590,500 under the hammer.
Mr Paton said another property his agency had scheduled to go under the hammer in Marion sold prior to auction.
A first home buyer snapped up the Marion house at 3 Fetlar Avenue. Pic: realestate.com.au
There were nine registered bidders vying for the keys to the property. Pic: realestate.com.au
“The Marion area is currently attracting quite a bit of interest at the moment, but the market in general – there’s very little available to buy,” he said.
Latest CoreLogic figures reveal the number of auctions held across Adelaide last week was on par with the same time last year.
There were 61 auctions across the city with a 57.9 per cent clearance rate – up slightly on the 56 auctions held at the same time last year with a 56.9 per cent clearance rate.
For months the number of auctions held across the city was well below last year’s because of a lack of confidence in the wake of the coronavirus pandemic.
Meanwhile, the data also shows the number of listings are down 20 per cent on last year, with 5822 properties on the market.
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