Sydney is still serving up hot property to eager buyers, with several auctions yielding sales above reserve today – while in Melbourne, coronavirus restrictions prompted a slow start to spring.
Latest realestate.com.au auction data shows New South Wales has a clearance rate of 75% for the week to date, from 303 auction results, while Victoria’s preliminary clearance rate currently stands at 83% from 6 available results.
Here’s what happened in the auction capitals today.
87 Clarendon Road, Stanmore sold at auction today for $2.35m.
Sydney
The Stanmore home of artist Hetti Perkins – daughter of late Aboriginal activist Charles Perkins – sold above expectations at auction today, fetching a final price of $2.35 million.
Two women from Newtown won the bidding war of three registered bidders after seeing 87 Clarendon Road in person for the first time on the day.
Bidding opened at $2 million and the five-bedroom character home sold for $155,000 above reserve.
33 Lansdowne St, Surry Hills sold above reserve today. Picture: realestate.com.au
A three-bedroom renovated terrace in Surry Hills also sold under the hammer at an onsite auction today, for an undisclosed price.
Melinda Antella of Bresic Whitney said the well-located home at 33 Lansdowne St attracted three bidders, who pushed the sale price above reserve.
On the north shore, an original 1958 home – on the market for the first time in 62 years – sold for $151,000 over reserve.
The three-bedroom home at North Turramurra went for $1,901,000 after 12 bidders registered and five took part.
Read more about Sydney’s auction coverage here.
Melbourne
It was an uncharacteristically quiet start to spring in Melbourne today, with stage 4 coronavirus restrictions keeping its traditionally vibrant auction action at bay for now.
However, there were a small number of online auctions that went ahead, including 3 Allison Road in Mont Albert North – which sold online above reserve after a marathon 50-minute battle between three bidders.
This home in Mont Albert North sold online today.
Peter Schenck, director of Ray White Blackburn, said the three-bedroom home was on the market for $1,127,000 and sold for $1,170,000 after a total of 83 bids.
Mr said the property went to market just after stage 4 restrictions came into place and was “marketed totally online”.
“The [new] owners are going to renovate; they bought it based on the listing video and I think a lot of people will buy that sort of property without seeing it. It might be different with a different kind of home,” Mr Schenck said.
“The buyer was second homebuyer who knows what he’s doing; he lives around the corner, so I’m not surprised [it sold unseen].
“Active buyers are out there, they’re just waiting to be able to get back out. In this case, the seller couldn’t wait because they’d already moved, so we put a strategy in place and it sold.”
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