Auctions
Why it’s the toughest time to buy a home in the past 18 months
Weeks ahead of the traditional spring peak, buyers face competition from rival bidders who are acting decisively now.
- Emily Power
Latest
Investor splashes $6.75m for Sydney harbour pad in tightly held block
The two-bedroom unit drew two active bidders at auction to the iconic Sydney building that can never be built out.
- Carmen Forward
Couple outbid other first home buyers for ‘glam’ $1.46m Petersham pad
The young couple, who had a family member bid on their behalf, competed against other first home buyers for the inner west unit with wraparound terrace.
- Kristy Johnson
Vendor who bought $1.7m brick two-bedroom Sydney house sells for $8.15m
Eight registered for the auction of a red-brick home opposite a railway station. It hadn’t traded for 13 years, but had plenty of potential.
- Carmen Forward
Couple bid against themselves to secure ‘famous’ Wahroonga home for $2,905,000
A couple were drawn to the upper north shore home for its Tudor-style architecture, and bid against themselves three times to secure it at auction.
- Kristy Johnson
Developer pays $3.92m for St Ives house they first saw at the auction
Eleven bidders registered and four made offers, most of whom were developers who had experience knocking properties down.
- Carmen Forward
Reserve hit on first bid for hotly contested $3.1m Earlwood home
A family placed the opening bid of $2.9 million, smack bang on the reserve, for an Earlwood house at auction on Saturday. They won the keys for $3,141,000.
- Kristy Johnson
First home buyers beat six others to pay $1m for Richmond terrace
An attractive price guide tempted seven bidders to try their luck at auction on Saturday. Agents say the home’s liveability, and its location inspired spirited bidding.
- Jim Malo
‘Everyone knew Ken’: Singing Ascot legend’s cottage sells for $3.05 million
Among real estate auctions, the cottage of a cherished local has changed hands – marking the end of a 60-year chapter for a man known for serenading strangers and handing out flowers.
- Sarah Webb
Time portal: Four buyers fight for $11m mid-century modern Centennial Park home
The residence was architecturally designed in 1967 and set in a “glorious” parkside location, attracting strong competition under the hammer.
- Carmen Forward
Original URL: https://www.theage.com.au/topic/auctions-1nq1