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Auctions

We spent a year tracking auction prices in Sydney. This is what potential buyers need to know.

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A penthouse on an iconic inner-west strip sold for $1,345,000 at auction on Saturday to set a new suburb benchmark for a single-bedroom apartment.

Some home sellers wanted $1 million or more than their advertised price guide, creating false hope for buyers.

The six-bedroom designer residence comes with a bowling alley and attracted five registered bidders at auction.

A family from Killara paid a tad above the auction reserve for the home with entertainer’s deck and pool. It last sold in 2006 for $194,000.

The red-brick house sits on a 765-square-metre block and attracted bidding so fast it was difficult to keep up.

Among the incredible homes at auction in Brisbane at the weekend, the hammer came down on this Camp Hill house in under 10 minutes.

The vendor of the terrace paid $80,000 for it in 1986. A first home buyer picked it up for $1.95 million at auction on Saturday.

The four-bedroom home has sweeping views and a pontoon, and traded for $2.95 million in 2010.

A Gold Coast trophy home has smashed the Mermaid Waters record, after a local buyer – who first saw the house 24 hours earlier – paid millions.