No dog day as Rozelle offering fetches $2.75 million

Dogs don’t typically feature in real estate marketing campaigns, or for that matter work when they do, but Title Tattle loved this one. Adrian Oddi at BresicWhitney Balmain secured $2.75 million for the five bedroom, four bathroom house at weekend auction.

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No dog day as Rozelle offering fetches $2.75 million

Melbourne’s auction season swings back into action with ferocity: Greville Pabst

GUEST OBSERVATION According to preliminary auction results, there were a reported 852 residential properties auctioned in Melbourne at the weekend, 76% or 494 of these selling. Total auction volumes included 520 houses and 316 apartments, with clearance rates of 81% and 71% respectively

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Melbourne’s auction season swings back into action with ferocity: Greville Pabst

North Sydney home sells for nearly $200,000 above reserve as interest rates push auctions to “remarkable” high

An incredibly strong auction weekend set the scene for a remarkable auction in Sydney’s north at the weekend, when a house in the suburb of North Epping, 19 kilometres from Sydney’s CBD, sold for nearly $200,000 above reserve. A combination of the interest rate cut and a greater volume of properties on offer saw the national clearance rate hit a high not seen since October 2009, according to RP Data Victorian housing market specialist Robert Larocca.

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North Sydney home sells for nearly $200,000 above reserve as interest rates push auctions to “remarkable” high

Sydney auction success at fresh near-record high as Super Saturday looms

It was yet another stunning result at weekend auctions when an initial 84.6% success rate was secured by Sydney vendors, according to Australian Property Monitors (APM). The sizzling clearance rate was just below last year’s all-time record result of 86%, recorded coincidentally over the same weekend, said the senior economist at APM Andrew Wilson. Some 636 homes were listed to go under the hammer on Saturday, which was well ahead of the previous Saturday’s 455 auctions, when the revised rate sat at 80.5%.

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Sydney auction success at fresh near-record high as Super Saturday looms

Success for Lilyfield online auction vendor

An Australian online platform where buyers can bid on residential properties has sold its first house. It was a three bedroom Lilyfield listing with $1.3 million plus hopes offered via Exchnagehouse.com.au. The three bedroom terrace in Lilyfield secured 22 bids over a three day period from three bidders.

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Success for Lilyfield online auction vendor

Middle Park scout hall sold at $2.43 million

A former two-storey Middle Park scout hall that had residential zoning sold at weekend auction for $2.43 million. It was Melbourne’s fifth highest sale. The starting bid was $1.5 million, with 165 Ashworth Street confirmed on the market at $1.95 million

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Middle Park scout hall sold at $2.43 million

St Kilda’s Prince of Wales sold to Chinese buyer

The Chinese dev­el­oper, Jiyuan “Louis” Li, has secured the Prince of Wales hotel at St Kilda. St Kilda’s iconic Prince of Wales Hotel was listed by the syndicate headed by the van Haandel family, who revitalised the formerly decrepit hotel. John van Haandel, with his brother, Frank, paid $4.3 million in 1995 for the freehold property before Frank later exited his stake

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St Kilda’s Prince of Wales sold to Chinese buyer

APM’s 21 February weekend auction results record 84.6% clearance rate for Sydney

Australian Property Monitors (APM) has released a list of results from 534 auctions in Sydney for the weekend of 21 February. The clearance rate was 84.6%. 

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APM’s 21 February weekend auction results record 84.6% clearance rate for Sydney

APM’s 21 February weekend auction results for Melbourne

Australian Property Monitors (APM) has released a list of auction results in Melbourne for the weekend of 21 February. 

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APM’s 21 February weekend auction results for Melbourne

APM’s 21 February weekend auction results for Brisbane

Australian Property Monitors (APM) has released a list of auction results in Brisbane for the weekend of 21 February.  Click here for the auction results, and click on each street address to see the property’s marketing.

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APM’s 21 February weekend auction results for Brisbane