Sold at Auction

309/8 Colton Street

West End, QLD 4101

3
2
1

$1,130,000

Luxury Modern 3 Bedroom Apartment in the Boutique Sierra Nuvo

The Plan

Byron purchased the apartment off the plan and called it home. Looking to upsize, Byron decided to sell the apartment.

The Process

Looking to maximise the sale price Byron decided to auction the apartment. Achieving the best price in the market, on the best terms was important. Timing was not.

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 three bedroom apartments in Highgate Hill, West End & South Brisbane in the last 90 days with budgets between $1,000,000 – $1,500,000, through Ray White West End, was also a key marketing strategy.

The Result

Following a comprehensive auction campaign, 26 buyer inspections, 5 bidders, the property sold at auction for $1,130,000; being 7.6% above the sellers expectations. The competition of the auction was core in achieving the best price in the market.

Buyer found: Realestate.com.au

Under Bidder: Realestate.com.au

Campaign Details

Listed: August 22, 2024

Auction Date: September 12, 2024

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

Week One Open Homes:

11

Week Two Open Homes:

12

Week Three Open Homes:

4

Days on Market:

21

Sold Date:

12 Sep 2024

Bidders:

5

raywhitewestend.com.au

2644

realestate.com.au

520

domain.com.au

3705

Auction Bid History

Time Amount
11:16:28 AM Sold
11:15:56 AM $1,130,000
11:06:40 AM Under Negotiation
11:06:08 AM $1,050,000
Time Amount
11:05:53 AM $1,000,000
11:05:18 AM $950,000
11:05:11 AM $900,000