Auctions
Port Melbourne fixer-upper passes in on $1.8 million vendor bid, gets post auction offers
A crowd gathered but no-one raised their hand to make an offer during the auction. Interested buyers waited until the property passed in before trying to make a deal.
- by Melissa Heagney
Latest
Parkville terrace sells for $3.535 million as auction competition grows
The stunning four-bedroom Victorian terrace sold after three bidders competed, as agents say more buyers are competing for ‘turn-key’ homes during the downturn.
- by Melissa Heagney
Nervous property buyers wonder: How far will house prices fall?
A string of auctions passed in amid buyer confusion about how much to spend and when prices will reach their low point.
- by Elizabeth Redman
Property sellers cut their price hopes to meet budget-conscious buyers
Auction clearance rates have risen for three months in a row, new data shows, as buyers and vendors become more willing to do a deal in the market downturn.
- by Melissa Heagney
Auctions are in a downward cycle, pushing property prices lower
Sellers who need to get a deal done on a deadline are increasingly flexible on price, but as prices fall, who else would risk listing their home for sale?
- by Elizabeth Redman
Why have auction clearance rates risen for two months in a row?
Property prices are falling and buyers are nervous about paying too much, but more sellers are able to reach a deal at auction this spring than during the winter.
- by Elizabeth Redman
Chatswood home sells for $3.53 million as upsizers make most of cooler market
Eleven bidders turned out to compete for the Chatswood home which had a price guide of $2.9 million and drew strong interest from upsizing families.
- by Kate Burke
Exclusive
Heritage
‘Globally significant’ toy collection to go under the hammer
The Leuralla Toy and Railway Museum was considered the most important collection of 20th century toys. Now the pieces are going to auction, but not all of them.
- by Tim Barlass
Downsizer outbids first home buyers for $880,000 Dulwich Hill unit
Four of the five bidders on the two-bedroom apartment were first home buyers, but it was a downsizer who walked away with the keys.
- by Kate Burke
Is it time to buy the worst house in the best street yet?
Property prices are down, there are few bidders at auction for many fixer-uppers and construction costs are going through the roof. Is that an opportunity?
- by Elizabeth Redman
First home buyers and mum splash $1.76 million for Neutral Bay fixer upper
Twin sisters teamed up with their mother at auction on Saturday to outbid the next-door neighbours for a rundown federation semi in need of an extensive renovation.
- by Kate Burke