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.