Topic | Auctions | The Sydney Morning Herald

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South Coogee block bought in 1972 for $29,400 sells for $5.48 million at election day auction

South Coogee block bought in 1972 for $29,400 sells for $5.48 million at election day auction

You would be forgiven for thinking there was nothing else going on as more than a hundred people turned out for the auction of a tightly held home.

  • by Tawar Razaghi

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Modern Carlton North home sells for $1.615m in election day auction

Modern Carlton North home sells for $1.615m in election day auction

Bidders were up early to vote, then fought it out for the keys to the townhouse, leaving the vendor thrilled with the result despite the slowing property market.

  • by Melissa Heagney
The upside to selling your home in Sydney on election day

The upside to selling your home in Sydney on election day

Home owners are cautious about selling on election day when buyers may be distracted, but more are pushing ahead than in previous years. What has changed?

  • by Kate Burke
Young couple upgrade, pay $2.15 million for Brunswick bungalow at auction

Young couple upgrade, pay $2.15 million for Brunswick bungalow at auction

Three bidders fought it out for a renovated home off Lygon Street which sold above expectations, but the agent said the scale of inquiries seen last year has subsided.

  • by Melissa Heagney
Reiki practitioner drops $2.54 million on first home in East Ryde at auction

Reiki practitioner drops $2.54 million on first home in East Ryde at auction

The first home buyer outbid wary upgraders with quick and aggressive bidding the entire auction, although a home like this could have sold for $2.7 million two months ago.

  • by Tawar Razaghi
Should you still sell at auction in a cooling market?

Should you still sell at auction in a cooling market?

Fewer homes are selling under the hammer as greater choice reduces competition on the auction floor, and the premium prices house hunters are prepared to pay.

  • by Kate Burke
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Lowball bid fails as West Melbourne unit fetches $930,000 at auction

Lowball bid fails as West Melbourne unit fetches $930,000 at auction

A cheeky initial offer of $600,000 showed at least some buyers think they might be able to bag a bargain property after the first interest rate hike in a decade, but they had another think coming.

  • by Elizabeth Redman
Company buys North Parramatta cottage for $1.1 million to help workers with cost of living

Company buys North Parramatta cottage for $1.1 million to help workers with cost of living

The business came up with the idea of offering accommodation to help attract and retain staff who face rising cost of living pressures and long commutes.

  • by Tawar Razaghi
Sydney buyers sniff opportunity with interest rate rise

Sydney buyers sniff opportunity with interest rate rise

Homebuyers are revising their budgets after the interest rate rise, but some are also hopeful it will allow them to get into a once-overheated market.

  • by Tawar Razaghi
As rates rise, fear of missing out shifts from buyers to sellers

As rates rise, fear of missing out shifts from buyers to sellers

Sellers rather than buyers now have fear of missing out, listing their properties before interest rates rise again and buyers have less borrowing power.

  • by Melissa Heagney
Quirky Collingwood apartment passes in at auction on vendor bid of $1.05 million

Quirky Collingwood apartment passes in at auction on vendor bid of $1.05 million

The apartment, built inside a former malt silo, failed to attract a single bid from the crowd but was expected to sell later on a mixed auction day when buyers pondered looming interest rate rises and the federal election.

  • by Melissa Heagney