Topic | Auctions | The Age

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Auctions

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How to compete for a property, even when your rival is cashed up

How to compete for a property, even when your rival is cashed up

More than a quarter of home buyers now pay cash, no mortgage needed, so efforts to outbid them require clever tactics.

  • by Sue Williams

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Renovators pay $5 million for Five Dock house, $1 million more than its reserve

Renovators pay $5 million for Five Dock house, $1 million more than its reserve

The home in Norman Street attracted fierce competition and a huge crowd, some of which planned to take a bulldozer to the home.

  • by Carmen Forward
Young couple with parents in tow nab pint-sized $1.66m Newtown house

Young couple with parents in tow nab pint-sized $1.66m Newtown house

After a fierce battle of the first home buyers, the winners picked up a quaint two-bedroom home with period features.

  • by Sarah Webb
Auctions are a ‘blood sport’ in Melbourne. But in Perth, they’re barely a sideshow. Why?

Auctions are a ‘blood sport’ in Melbourne. But in Perth, they’re barely a sideshow. Why?

Thousands of properties go under the hammer each week in Melbourne and Sydney, while in Perth the number of auctions barely reach double figures. What’s holding us back?

  • by Mark Naglazas
Waterfront Abbotsford property sells for $8.29 million, $1.29 million more than the guide

Waterfront Abbotsford property sells for $8.29 million, $1.29 million more than the guide

The final sale price of the house was also $290,000 more than its reserve price. The sale was one of 1136 scheduled auctions; the clearance rate was 70.2 per cent.

  • by Carmen Forward
Heartbroken vendor who slashed price guide by $300,000 gets a happy ending

Heartbroken vendor who slashed price guide by $300,000 gets a happy ending

A renovated Artarmon home attracted scant buyer interest at first, but a cut to the price guide prompted a surprisingly good result.

  • by Sarah Webb
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Fines may be crippling, but should be even higher for some
Letters
Letters

Fines may be crippling, but should be even higher for some

Readers react to Victoria’s soaring road fines, which some accuse of being unnecessarily punitive.

I’m the child of an addict, and advocates of safe injecting rooms are naive
Letters
Letters

I’m the child of an addict, and advocates of safe injecting rooms are naive

Readers react to the push by city churches to save the lives of drug users, and the lack of transparency over reserve prices for housing auctions.

Savvy bank of mum and dad buy as family joins forces for $3.48m home

Savvy bank of mum and dad buy as family joins forces for $3.48m home

The buyer and their parents are both selling their homes to live in this one together, rather than move further out of Sydney separately.

  • by Carmen Forward
First-home buyers nab Petersham townhouse for $1,765,000

First-home buyers nab Petersham townhouse for $1,765,000

Buyers priced out of the housing market are competing fiercely for next-best options, agents say, on another red-hot Sydney Saturday.

  • by Tawar Razaghi
Sydney’s most in-demand suburbs for home buyers now

Sydney’s most in-demand suburbs for home buyers now

Sydney home values are picking up, but the hottest competition isn’t where you’d expect. 

  • by Tawar Razaghi