Spring selling season is off to a flying start in the east, reports the eastern-suburbs property market wasted no time gearing up for spring, with buyers and sellers gathering under one roof for an incredible start to selling season.
The garden and pool at 48 Kambala Rd, Bellevue Hill.
At in-room auctions on Thursday night, Ray White Double Bay offloaded $27.5 million of property in one sitting, at an average of more than $300,000 a minute.
Eight properties sold under the hammer, for a clearance rate of 89 per cent, proving buyer demand is thriving at the same lofty level as in late-2013.
Ray White Double Bay principal Craig Pontey was not surprised by the impressive results. “There is a lot of confidence in the market and that has stayed consistent throughout the whole year,” Mr Pontey said. “There was really no doubt that the beginning of the spring market would see a lot of buyer activity.”
The top sale was 48 Kambala Rd, Bellevue Hill, which went for $8.3 million. The five-bedroom home came with a 923sq m block, a selection of formal and informal living areas, and self-contained studio.
Another good result was 49 Dover Rd, Rose Bay, which fetched $3.31 million.
10 Sept 2014 l Wentworth Courier l Kirsten Craze
DESPITE the COVID-19 pandemic, an Associate Director and Sales Executive from the most successful Australian real estate business within the Ray White network has sold six properties totalling more than $15,500,000, in just 10 days. The highlight of the six deals was the $3,500,000-$3,700,000 sale of 1 Shaw Street (pictured above) in … Read more
IT WAS a chilly night in Sydney but that didn’t stop nine eager bidders from turning out for the hotly contested Ray White Double Bay auction at 113 Victoria Road, Bellevue Hill. Sold by Double Bay Managing Director Elliott Placks and agent Alan Fettes, the four bedroom home went under the … Read more