Last week we had our first in-room auction event for 2015, held at the Rydges Hotel in Campbelltown.
Our first Auction event for 2015 was outstanding! Ten properties were up for Auction, and we had a massive audience of over 200 people.
This auction event gained some outstanding results, selling 6 of the 10 properties submitted to auction – a 60% clearance rate. Here’s the summary:
RUSE, 11 Borthwick Road – SOLD!
CAMPBELLTOWN, 11 Paley Street – Not yet sold
CAMPBELLTOWN, 79 Allman Street – SOLD!
AMBARVALE, 34 Haredale Street – SOLD!
BRADBURY, 10 Wandarra Crescent – SOLD!
GLEN ALPINE, 66 Heritage Way – Not yet sold
GREEN VALLEY, Lot 433 Wood Close – Not yet sold
GREEN VALLEY, Lot 432 Wood Close – Not yet sold
CAMPBELLTOWN, 42/31-35 Chamberlain Street – SOLD!
ST HELENS PARK, 90 Kellerman Drive – SOLD!
There was also strong bidding on the properties passed-in on the night. Negotiations are continuing and we expect these to sell in the coming days.
17th FEBRUARY AUCTION EVENT STATISTICS:
- Of the properties SOLD, our team achieved on average $37,250 above our vendors’ reserve selling prices.
- Of the properties SOLD, our team achieved an average of 31 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 7.5 bidders vying for each property.
- 6 of the 10 properties submitted to auction SOLD – a 60% clearance rate.
What a fantastic night! The room was absolutely packed and the energy was electric. Everyone worked so well together to create the best possible auction night, and it transpired to excellent results.
Thanks again to our 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 18tH MARCH 2015. SEE OUR WEBSITE FOR MORE INFORMATION.