Auction Report

Here's a feature auction snippet from our most recent report;

The fact that it was located on one of the busiest roads on the coast did not deter, with a large crowd filling the front yard and lining the street of this two-bedroom, one-bathroom duplex.

With the smell of a hot breakfast and fresh coffee wafting across the fence from Birro Cafe next door, the auction got off to a very strong start. Kicking off with a high bid of $700,000 blowing nine of the 11 registered bidders out of the water.

While, as an auctioneer, we would prefer momentum and to start a little lower, a high opening bid is no doubt a good strategy for any potential purchaser.

From this strong opener, a flurry of bids followed (11 in total) back and forth between just two parties competing for a home last sold 29 years prior – I guess if you don’t buy today that’s a long time to wait for the opportunity again.

Rob Doorey
0410 438 003
[email protected]

Auction Report

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