Ray White Double Bay has celebrated yet another impressive auction result with the sale of 4/5 Bradley Street, Randwick, with 7 registered bidders for $1,650,000—an outstanding $250,000 over the reserve price of $1.4 million. The campaign, led by Team Markovics, attracted significant interest, with nine registered bidders and a fast-paced timeline that saw the auction brought forward by three weeks.
The property was online for just one week, demonstrating the effectiveness of a well-managed and strategic campaign. Dion’s expertise in the Eastern Suburbs market and his knack for transparent communication played a key role in the success. His ability to engage both buyers and vendors has earned him a reputation for authenticity and dedication, with many clients returning to him time and again.
Vendor Robyne had high praise for Dion and Anna, saying, “Thank you, Dion and Anna. I always believed it was worth $1.4 to $1.5 based on my research, but credit to you and your team for managing the many buyers and achieving such a great result. Thank you.”
This auction result is a testament to the team’s hard work, market knowledge, and commitment to delivering outstanding outcomes for their clients.
Insights from Elliott Placks, Managing Director & Principal, Ray White Double Bay Changes in policy always bring about new levels of uncertainty across the market. However, changes also make way for new opportunities; particularly for those who act strategically and not reactively. Last week’s federal budget introduced major changes to Negative Gearing benefits and Capital … […]
Following the recent Federal Budget announcements, we would like to provide a clear overview of what the proposed changes may mean for property owners, investors, owner occupiers, and renters moving forward. The 2026 Federal Budget introduced the most significant changes to property investment tax settings in decades. While the headlines have been dramatic, the reality is … […]