Residential
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Perry Edmondson-Clark
“Looking forward, over the balance of 2023, sellers are reminded there are only four weeks left to list their property and more to get their desired result prior to Christmas.
“Now is the time, don't wait and risk a different market next year. Use the consistent, strong results across the market to solidify your decision to come to the market now and capitalise and achieve a premium result without any uncertainty of a potential rate rise influencing a different market in the first part of 2024.”
Sold under the hammer for $7.210 million
7 registered bidders, 4 active bidders
Lead agent: Mario Carbone - 0415 457 417
Ray White Drummoyne
Auctioneer: Alex Pattaro, Ray White
More than 70 people in the crowd watched on as the beautiful prime waterfront location was sold to a local man who intends to develop the block to its full potential.
“The property was a deceased estate and had been in the same family for more than 60 years but had fallen into disrepair. The family is very happy but of course it’s a bittersweet sale as their father had built the house, and it was their family home,” Mr Carbone said.
This exclusive waterfront setting rarely offers such a premium buying opportunity combining a generous landholding.
Sold under the hammer for $2,900,000, reserve was $2,500,000
7 registered bidders, 4 active
Lead agent: Nick Karvouniaris - 0413 832 836
Ray White Dulwich Hill
Auctioneer: Alex Pattaro, Ray White
Mr Karvouniaris said there was a massive crowd at his auction.
“The final Saturday in October is always a strong day. My sellers are moving away, this was their family home of 30 years. It’s a beautiful style of art deco called the ‘ocean liner’ era with exposed brick. This period of architecture was famous for its glamour and adventure. Ocean liner interiors are very rare to see now.” The new buyers are a young couple.
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Sold under the hammer for $1.1 million, reserve was $1 million
14 registered bidders, six active bidders
Ray White Prospect lead agent Stefan Siciliano - 0403 171 489
Auctioneer: John Morris, Ray White (pictured above)
Mr Siciliano said it was an “absolute cracker of an auction”.
“It kicked off at $500,000 in front of a massive crowd. There must have been every neighbour from the whole street turn out, there would have been 200 people or more. Everyone knew this auction was coming. The sellers are happy as they have just broken a suburb record. They built the home themselves in 1978, and are now downsizing to be closer to their daughter,” Mr Siciliano said.
“The buyers are locals who had been looking to buy for five years.”
Sold under the hammer for $683,000
10 registered bidders
Lead agent: Peter Kiritsis - 0411 501 520
Ray White Woodville
Sold under the hammer $601,000
1 registered bidder
Ray White Unley | Colonel Light Gardens lead agent / auctioneer Robbie Smith - 0432 623 332
One bidder is sometimes all you need. This maisonette was converted to auction and today sold under the hammer for $601,000. “The bidder rocked up today and effectively bought it sight unseen. It’s on a busy road, in a commercial area, so it had some quirks but the buyer loved it. The seller actually lives next door, and the buyer will make it his home soon.”
20 Hurstford Close, Peppermint Grove
Sold under the hammer for $3,402,000
9 registered bidders, 3 active bidders
Ray White Cottesloe | Mosman Park lead agent and principal Jody Fewster - 0414 688 988
Auctioneer: Mark Whiteman, Ray White WA CEO
Ms Fewster said the auction kicked off high at $3 million and that knocked out six of the other bidders.
“It was standing room only at the house as we had more than 80 people watching on. It was a very exciting auction. The opening bid was $3 million and that turned out to be from the underbidder. A local family moving into the area won the keys today and our sellers were the estate’s executors and also very happy with the result,” she said.
“The market is hot, still more buyers than sellers as we have limited supply. And supply cannot be fixed in a hurry, so I don't see the market dynamics changing anytime soon.”
Sold under the hammer for $466500
4 registered bidders, 2 active bidders
Ray White South Perth lead agent - Jannine Blum - 0403 058 167
Auctioneer: Mark Whiteman, Ray White WA CEO
Ms Blum said it had been a busy campaign considering the apartment had some quirky features, like an outdoor laundry!
“It was an older building which had been renovated and we had good numbers through it. A first home buyer (pictured here) won the keys today. He had been looking for six months, and he had missed out on a few multi-offer situations and that’s why we love auctions as they are so transparent. It makes so much sense for both the buyers and the sellers. This is still a very busy market and there’s no signs of activity slowing down at all. We’ll be working right up to Christmas and it is still a seller’s market."
