October Auction Results

Last week we had our in-room auction event for October, held at the Rydges Hotel in Campbelltown.

This auction event gained some outstanding results, selling 6 of the 10 properties submitted to auction – a 60% clearance rate. Here’s the summary:

ST HELENS PARK, 19 Briggs Place - SOLD!

CAMPBELLTOWN, 149 Dumaresq Street – Not yet sold

MINTO, 111 Eagleview Road - SOLD!

EAGLE VALE, 27 Zeolite Place - SOLD!

AMBARVALE, 45 Harthouse Road - SOLD!

AMBARVALE, 49 Georgiana Crescent - SOLD!

BRADBURY, 49A Chisholm Crescent – Not yet sold

CAMPBELLTOWN, 13 Manning Street - SOLD!

GLENFIELD, 7 Stirling Place - Not yet sold

GLEN ALPINE, 71 Mount Huon Circuit - Not yet sold

15th OCTOBER AUCTION EVENT STATISTICS:

• 6 of the 10 properties submitted to auction SOLD – a 60% clearance rate.
• Of the properties SOLD, our team achieved on average $13,666 above our vendors’ reserve selling prices.
• Of the properties SOLD, our team achieved an average of 12 buyer inspections per property during the intensive 21-day marketing campaign leading up to the auction.
• Of the properties SOLD, there was an average of 4.7 bidders vying for each property.

Another great auction night! There was also strong interest in the properties that didn’t sell, and I am confident they will lock down some solid offers in the coming week.

Thanks again to our outstanding Auctioneer, Paul Casarotto, and the wonderful support from Domain, The Macarthur Advertiser and Harcourts NSW.

OUR NEXT IN-ROOM AUCTION EVENT WILL BE HELD ON 11th NOVEMBER 2014. SEE OUR WEBSITE FOR MORE INFORMATION.