Last week we had our March in-room auction event, held at the Rydges Hotel in Campbelltown.
The 18th of March in-rooms auction event was certainly action packed! 12 properties were up for Auction, and we had a massive audience of over 200 people.
This auction event achieved some outstanding results, selling 9 of the 12 properties submitted to auction – a 75% clearance rate. Here’s the summary:
RABY, 32 Mirage Avenue – SOLD!
LEUMEAH, 17 Illawarra Road – SOLD!
RABY, 24 Boeing Crescent – SOLD!
BRADBURY, 1 Bocking Avenue – SOLD!
GREGORY HILLS, 64 Healy Avenue – Not yet sold
ESCHOL PARK, 11 Trebbiano Place – SOLD!
AMBARVALE, 21 Tremlow Crescent – SOLD!
LEUMEAH, 10 Carrington Circuit – SOLD!
ROSEMEADOW, 2/260 Copperfield Drive – SOLD!
BARDIA, Lot 2132 Wootten Avenue – Not yet sold
BARDIA, Lot 2197 Wootten Avenue – Not yet sold
ROSEMEADOW, 11 Jessica Place – SOLD!
There was also good bidding on the properties passed-in on the night. Negotiations are continuing and we expect these to sell in the next couple of weeks.
18th MARCH AUCTION EVENT STATISTICS:
- Of the properties SOLD, our team achieved on average $21,333 above our vendors’ reserve selling prices.
- Of the properties SOLD, our team achieved an average of 43 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 5 bidders vying for each property.
- 9 of the 12 properties submitted to auction SOLD – a 75% clearance rate!
It was another great auction event with great results. Thank you 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 15tH APRIL 2015. SEE OUR WEBSITE FOR MORE INFORMATION.