Large Townhouse in Quiet Highgate Hill Pocket
Buyer found: Ray White Database
Under Bidder: Realestate.com.au
The Plan
Angela & David purchased the property many years back, called the property home and then rented the property out for approx 5 years, following which they decided to take advantage of the strength of the market and sell.
The Process
Achieving the best price in the market, on the best terms was important to Angela & David. Timing and settlement periods were not.
An extensive marketing campaign was implemented including both realestate.com.au and domain, to ensure the property was marketed both locally & interstate. A targeted buyer campaign focused on buyers who had inspected townhouses in Highgate Hill & West End in the last 90 days with budgets between $900,000 – $1,300,000, through Ray White West End, was also a key marketing strategy.
The Result
Following a comprehensive auction campaign, 34 buyer inspections, 6 bidders, the property sold at auction for $1,210,000; 31.5% above the sellers expectations. The competition of the auction was core in achieving the best price in the market.
Campaign Details
Listed: September 19, 2024
Auction Date: October 10, 2024
Marketing Options: Professional Photography, Realestate.com.au, domain.com.au and internal database targeting
Week One Open Homes:
16
Week Two Open Homes:
14
Week Three Open Homes:
4
Days on Market:
21
Sold Date:
10 Oct 2024
Bidders:
6
raywhitewestend.com.au
1,448
realestate.com.au
3,208
domain.com.au
566
Auction Bid History
| Time | Amount |
| 11:05:36 AM | Sold |
| 11:04:46 AM | $1,210,000 |
| 11:04:40 AM | $1,205,000 |
| 11:04:24 AM | $1,200,000 |
| 11:04:21 AM | $1,170,000 |
| 11:04:14 AM | $1,150,000 |
| 11:04:11 AM | $1,130,000 |
| Time | Amount |
| 11:04:05 AM | $1,100,000 |
| 11:03:59 AM | $1,050,000 |
| 11:03:55 AM | $1,000,000 |
| 11:03:48 AM | $950,000 |
| 11:03:45 AM | $900,000 |
| 11:03:34 AM | $850,000 |
Sales Review
Seller's Review
Angela Ng
Proactive and knows the market.