“It was a screamer!” Mr Cush said.
The auction opened at $2 million in front of a huge crowd of 150 people and there were two buyers bidding on the phone - one from Singapore and one from Sydney - and two local bidders on the floor.
“One of the buyers on phone went to $2,615,000 and one of the local buyers on the floor increased by $10,000 to $2,625 million and secured the home.
“The winner was a local who had been looking for some time after selling their home last year.
“It took spring a week or two to get going this year and now we have the best spring selling conditions we have ever had.
“Our loan brokers are telling us that there is a huge pipeline of loan applications which is good news for the strength in the market too.”
Agent Alex Donnan sold this house in late 2019 for $1.850 million. “The owners had done no major renovations to it, it just shows you the fantastic growth and demand for Hawthorne. The sellers are now moving out of Brisbane.”
Ray White South Australia Chief Auctioneer John Morris said some 125 auctions were booked this week across the state, and yet again this represented more than 40 per cent market share to the group.
“We are without doubt the competition creators. We list more auctions, we sell more auctions and you have an increased chance of about - some 11 per cent more by selling your property on auction day.”
“If you list with a Ray White agent as opposed to one of the competition, we’ve consistently hovered around about the 80 per cent clearance for the whole of 2023. Even when our bidder numbers have dropped below six for the first time, our clearance rate has remained extremely high, above 90 per cent.
“There’s some great numbers coming through as always in South Australia. It’s a very strong market, with Lots of interstate buyers and property prices continue to be on the rise.”
36 Athalie Ave, Parafield Gardens Sold under the hammer for $671,000, reserve $600,000 20 registered bidders Ray White Semaphore lead agent Peter Kikianis - 0417 834 648 Auctioneer: John Morris, Ray White
29 Taylor St Modbury Heights Sold under the hammer for $683,000, reserve was $670,000 6 registered bidders, 4 active bidders Lead agent Rajwant Singh - 0433 880 085 Ray White Norwood Auctioneer: John Morris, Ray White (pictured below)
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