Auction Link

Prime Position - Luxury Product

Buyer found: Ray White Buyer Database

Under Bidder: realestate.com.au

The Plan

Vincent purchased the property off the plan, as an investment. Following recent sales of two bedroom townhouses at high prices Vincent decided to be opportunistic and sell.

 

The Process

Achieving the best price, on the best terms, was important but time was not.  A auction campaign was chosen to create competition between buyers and achieve a market best price

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 4101, through Ray White West End, was also a key marketing strategy.

The Result

Following a comprehensive auction campaign, 24 buyer inspections, 4 bidders, the property sold at auction for $915,000. The competition of the auction was core in achieving the best price in the market. Competition between the last 2 buyers above reserve, pushed the sale price to a market best

Campaign Details

Listed: May 30, 2024

Auction Date: June 20, 2024

Marketing Options: Professional Photography, Realestate.com.au, domain.com.au and internal database targeting

First Open Home:

8

Second Open Home:

3

Third Open Home:

6

Mid Week & Private Inspections:

7

Sold Date:

20 June 2024

Bidders:

5

raywhitewestend.com.au

162

realestate.com.au

1,440

domain.com.au

433

Auction Bid History

Time Amount
12:04:05 PM Sold
12:03:51 PM $915,000
12:02:13 PM Under Negotiation
Time Amount
12:01:38 PM $900,000
12:01:27 PM $850,000

Sales Review

Seller's Review

Vincent Varga

Luke and his team were amazing. They did an amazing job to make sure that I was constantly communicated with throughout the whole process, and most importantly they got a great price for my home.

Customer Testimonials