Sensational North Facing Apartment with Large Entertainers Balcony & City Views
Buyer found: realestate.com.au
Under Bidder: realestate.com.au
The Plan
Maria purchased the apartment off the plan 11+ years ago and looking to upsize into a home, decided to sell and take advantage of the strength market
The Process
Achieving the best price in the market, on the best terms was important to Maria. Timing was not. Maria was happy to be flexible with settlement timelines also.
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 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, 48 buyer inspections, the property sold at auction for $920,000; 15% above the sellers expectations. The competition of the auction was core in achieving the best price in the market.
Campaign Details
Listed: October 3, 2024
Auction Date: October 24, 2024
Marketing Options: Professional Staging, Professional Photography, Realestate.com.au, domain.com.au and internal database targeting
Week One Open Homes:
14
Week Two Open Homes:
14
Week Three Open Homes:
20
Days on Market:
21
Sold Date:
24 Oct 2024
raywhitewestend.com.au
1,305
realestate.com.au
2,157
domain.com.au
391
Auction Bid History
| Time | Amount |
| 11:06:15 AM | Sold |
| 11:05:39 AM | $920,000 |
| 11:05:36 AM | $915,000 |
| 11:05:22 AM | $910,000 |
| 11:05:15 AM | $905,000 |
| 11:05:08 AM | $900,000 |
| 11:05:00 AM | $895,000 |
| 11:04:51 AM | $890,000 |
| Time | Amount |
| 11:04:40 AM | $885,000 |
| 11:04:36 AM | $880,000 |
| 11:04:29 AM | $870,000 |
| 11:04:13 AM | $850,000 |
| 11:04:06 AM | $800,000 |
| 11:04:04 AM | $780,000 |
| 11:03:54 AM | $750,000 |
| 11:03:52 AM | $700,000 |