Luxurious 1 Bedroom Apartment in the Heart of West End!
The Plan
Hitesh & Rini purchased the property 5 months prior, as an investment. Following recent sales of one bedroom apartments at high prices Hitesh & Rini decided to be opportunistic and sell.
The Process
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 one bedroom apartments in West End in the last 90 days with budgets between $450,000 – $550,000, through Ray White West End, was also a key marketing strategy.
The Result
Following an extensive auction campaign, 21 buyer inspections, 4 bidders, the property sold at auction for $510,000; $70,000 more than 5 months prior and 4% more than clients expectations. Competition between the last 3 buyers above reserve, pushed the sale price to a market best
Campaign Details
Listed: August 29, 2024
Auction Date: September 19, 2024
Marketing Options: Professional Photography, Realestate.com.au, domain.com.au and internal database targeting
Week One Open Homes:
9
Week Two Open Homes:
10
Week Three Open Homes:
2
Days on Market:
21
Sold Date:
19 Sep 2024
Bidders:
4
raywhitewestend.com.au
670
realestate.com.au
2,096
domain.com.au
749
Auction Bid History
| Time | Amount |
| 11:23:33 AM | Sold |
| 11:22:50 AM | $510,000 |
| 11:22:36 AM | $509,000 |
| 11:22:33 AM | $508,000 |
| 11:22:30 AM | $507,500 |
| 11:22:11 AM | $507,000 |
| 11:21:51 AM | $505,000 |
| 11:21:39 AM | $501,000 |
| 11:21:31 AM | $500,000 |
| 11:21:24 AM | $498,000 |
| 11:21:11 AM | $495,000 |
| 11:21:06 AM | $492,000 |
| 11:20:58 AM | $490,000 |
| Time | Amount |
| 11:20:51 AM | $485,000 |
| 11:20:43 AM | $481,000 |
| 11:20:22 AM | $480,000 |
| 11:20:19 AM | $475,000 |
| 11:20:13 AM | $470,000 |
| 11:20:08 AM | $460,000 |
| 11:20:04 AM | $450,000 |
| 11:19:59 AM | $430,000 |
| 11:19:56 AM | $420,000 |
| 11:19:55 AM | $410,000 |
| 11:19:47 AM | $400,000 |
| 11:19:41 AM | $350,000 |
Sales Review
Seller's Review
Hitesh Jamb
Thank you for your exceptional support in selling our unit. Your consistent updates, detailed follow-ups, and transparent communication made the entire process smooth and stress-free. Your professionalism, clarity, and dedication gave us complete confidence throughout. We truly appreciate your hard work and commitment and will gladly recommend you to anyone seeking a great real estate agent.
