How many properties sold at auction at the weekend?

OF seven auctions in Mackay at the weekend only one set of keys changed hands

3 Swayne St, West Mackay sold at auciton over the weekend for $262,000.

OF SEVEN auctions at the weekend one set of keys changed hands, on a North Mackay property.

The three-bedroom house at 3 Swayne St sold to a Mackay buyer for "above market value” - $262,000 - according to Elders Real Estate agent Dianne Franettovich.

"There were four registered bidders, all owner occupiers; it was a single man who ended up with the property but he is going to live there,” she said.

The auction was a mortgagee sale, which Ms Franettovich said were unfortunately common; however, she said when sellers opted for private auction campaigns they were generally successful.

"There are few private properties that do go to auction, then they do get the best price in the market, they do work and it's a quick fix, they're sold under the hammer,” she said.

Ms Franettovich said her agency had sold their last three auction properties, and she has chalked up two of those sales.

"It isn't common,” she said. "Some people are a bit scared of auctions because they think they cost more. The only extra cost is the auctioneer, advertising is the same as on a normal property.”

There were 16 people looking on at the Swayne St auction and plenty of inspections prior to that.

Six other properties going under the hammer did not sell and are still on the market. They are:

49 Logan Crescent, Erakala

THIS mansion in Erakala has it all, including five bedrooms, three bathrooms, a 2012sq m block and a pool, all in the prestigious Settlers Rise estate.

It was passed in at auction at the weekend and is now on the market for $1.45 million.

7 Treloar Place, Marian

A NEW home in the heart of Marian's premier estate, Nabilla Riverlink, it is targeted at first home buyers.

It has four bedrooms and a study nook, quality finishings and fixtures, and two living areas. It is on the market for $485,000 after having been passed in.

1 Bedwell Court, Rural View

A LOWSET brick house, only 2km from the Northern Beaches, the three-bedroom, single bathroom home with a big shed passed in at auction.

It has no listed price as yet.

14 Frangipanni Ave, Seaforth

ONLY a stone's throw from the water, this rambling beach home has split level living and great views.

It is up for private sale with no listed price at this stage.

20 Lloyd St, West Mackay

A HUGE Queenslander in the heart of Mackay will appeal to those seeking space and privacy all on an 815sq m block.

It was passed in at auction with no listed price.

58 Mackenzie St, West Mackay

A GREAT family home in West Mackay, the Queenslander-style cottage has three bedrooms and a single bathroom.

It is on the market now for offers above $400,000.

Originally published as How many properties sold at auction at the weekend?