Auction Video

Two Bedroom Apartment in the Heart of West End

Buyer found: Realestate.com.au

Under Bidder: Realestate.com.au

The Plan

Steve & Mary purchased the apartment and as an investment. Following 10 years and a rental apartment they decided to sell. Professional photos were taking and virtual staging to remove the tenants personal belongs. The apartment was prepared for sale. A minor painting refresh was attended to.

The Process

Achieving the best price in the market, on the best terms was important to Steve & Mary. Timing was not, however a settlement after 1 July was requested.

An extensive marketing campaign was implemented including professional staging, 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 apartments / units in West End in the last 90 days with budgets between $800,000 – $1,000,000 through Ray White West End, was also a key marketing strategy.

The Result

Following a comprehensive auction campaign, 25 buyer inspections, the property sold at auction for $869,000. The competition of the auction was core in achieving the best price in the market.

Campaign Details

Listed: May 8, 2025

Auction Date: May 29, 2025

Marketing Options: Virtual Staging to remove tenant personal belongs. Professional Photography, Realestate.com.au, domain.com.au and internal database targeting

Week One Open Homes:

7

Week Two Open Homes:

10

Week Three Open Homes:

8

Days on Market:

21

Sold Date:

29 May 2025

raywhitewestend.com.au

282

realestate.com.au

1,167

domain.com.au

239

Auction Bid History

TimeAmount
11:49:56 AMSold
11:49:32 AM$869,000
11:49:23 AM$868,500
11:48:55 AM$868,000
11:48:48 AM$867,500
11:48:27 AM$866,500
11:48:16 AM$866,000
11:47:51 AM$865,000
11:47:40 AM$863,000
11:47:19 AM$862,000
11:47:06 AM$861,000
11:46:23 AM$860,000
11:46:08 AM$858,000
TimeAmount
11:46:00 AM$857,000
11:45:53 AM$856,000
11:45:09 AM$855,000
11:45:00 AM$850,000
11:44:57 AM$845,000
11:44:51 AM$840,000
11:44:48 AM$835,000
11:44:42 AM$830,000
11:44:33 AM$820,000
11:44:31 AM$810,000
11:44:21 AM$800,000
11:44:02 AM$750,000
11:43:50 AM$700,000

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