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Auction Success: Randwick Apartment Sells for $1,650,000 – $250,000 Above Reserve

By Dannielle Hill

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.

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