1416/45 Duncan Street
West End, QLD 4101
Watch Auction
Stunning Three-Bedroom Apartment at Waters Edge - River Views!
Buyer found: realestate.com.au
Under Bidder: realestate.com.au
The Plan
Alan and the family decided to sell the property for their mother, as she was downsizing. The property was vacant, cleaned, professionally staged and prepared for sale.
The Process
Achieving the best price in the market, on the best terms was important to Alan & the family. Timing was not, however a 30 days settlement was preferred as this would assist with their mothers next move.
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 similar properties in 4101, through Ray White West End, was also a key marketing strategy.
The Result
Following a comprehensive auction campaign, 56 buyer inspections, 8 bidders, the property sold at auction for $1,580,000. The competition of the auction was core in achieving the best price in the market. The auction generated a $230,000 premium to the last sale of a similar three bedroom apartment in the same complex, only a month prior. Apartment 1509 sold via an Offers Over Campaign by another Local Agent for $1,300,000
Campaign Details
Listed: June 6, 2024
Auction Date: June 27, 2024
Marketing Options: Professional Staging, Professional Photography, Realestate.com.au, domain.com.au and internal database targeting
Week One Open Homes:
17
Week Two Open Homes:
21
Week Three Open Homes:
18
Days on Market:
21
Sold Date:
27 June 2024
Bidders:
8
raywhitewestend.com.au
10,148
realestate.com.au
2,933
domain.com.au
593
Auction Bid History
| Time | Amount |
| 11:12:52 AM | $1,580,000 |
| 11:12:42 AM | $1,579,000 |
| 11:12:31 AM | $1,578,000 |
| 11:12:07 AM | $1,577,000 |
| 11:11:57 AM | $1,576,000 |
| 11:11:33 AM | $1,575,500 |
| 11:10:59 AM | $1,575,000 |
| 11:10:43 AM | $1,572,000 |
| 11:10:21 AM | $1,571,000 |
| 11:10:06 AM | $1,570,000 |
| 11:09:43 AM | $1,568,000 |
| 11:09:31 AM | $1,566,000 |
| 11:09:10 AM | $1,565,000 |
| Time | Amount |
| 11:08:58 AM | $1,561,000 |
| 11:08:36 AM | $1,560,000 |
| 11:08:10 AM | $1,550,000 |
| 11:07:48 AM | $1,540,000 |
| 11:07:45 AM | $1,520,000 |
| 11:07:10 AM | $1,500,000 |
| 11:06:54 AM | $1,450,000 |
| 11:06:35 AM | $1,400,000 |
| 11:06:24 AM | $1,350,000 |
| 11:06:15 AM | $1,300,000 |
| 11:06:10 AM | $1,250,000 |
| 11:05:57 AM | $1,200,000 |
Sales Review
Seller's Review
Allan Biffin
We carefully considered all options when listing our unit at Waters Edge. We wanted an agency that was honest, trustworthy and professional. Luke O’Kelly and the Ray White team in West End exceeded our expectations in all aspects of the sale process, including their after sale follow-up. We would not hesitate to list with Luke and Ray White in any future sale or purchase. Thanks again Luke, Jim and all your support associates for your outstanding assistance.
Buyer's Review
Sharyn Elphinstone
The West End team at Ray White team in particular Luke & Jim were exceptional. I found them to be extremely professional in their dealings, kept me informed of each step in the process and went out of their way to help in any way they could to make me feel comfortable and provide piece of mind. I would recommend them to any potential buyer or seller.
