Auctions
The absence of a price attracts buyers from all price ranges, removes the obstacle of price barrier
- Definite date to bring interested buyers together
- Catches interest in the ‘fresh’ weeks of your home’s selling appeal
- Genuine chance to achieve competitive bidding - the best chance for a super outcome
- Controls length of time on market
- Whole idea is to get the premium price by competitive bidding
INNER-CITY suburbs have continued to drive the property rebound, with weekend auction clearance rates racing ahead and house prices increasing 20 per cent.
Eighty per cent of homes going to auction were sold, with almost double the number changing hands compared with the same weekend last year, according to Australian Property Monitors.
In Sydney, 64 per cent of auctioned properties were sold, with 231 homes changing hands, up from 189 this time last year.
In Sydney, 64 per cent of auctioned properties were sold, with 231 homes changing hands, up from 189 this time last year.
Source: Daily Telegraph 29/10/07