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2 clusters · 5 sources · 12 days · First seen 26 days ago · Last updated 14 days ago

Australian property auction market activity

Overview

Recent Australian property auctions have featured several multi-million dollar sales across various regions. In Sydney, a semi-detached house in Coogee sold for $2.5 million, exceeding its guided range, while a three-bedroom apartment in Cremorne reached $3.5 million.

Subsequent auction activity included a $4.5 million beachfront sale in South Brighton and a $4.2 million terrace sale in Glebe. In Balgowlah, a property sold for $4 million after the vendor accepted a bid from registered bidders, despite a higher counteroffer from an unregistered party and a reserve price of $4,050,000.

Entities

Sydney · Cunninghams Real Estate · Domain · Sotheby’s · Coogee

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] A vendor in Balgowlah accepted a $4 million bid from registered bidders, rejecting a higher counteroffer of $4,020,000 from an unregistered party. www.brisbanetimes.com.au · www.theage.com.au · www.smh.com.au
[● 3 SOURCES] The Balgowlah property had a price guide of $3.8 million and a reserve of $4,050,000. www.brisbanetimes.com.au · www.theage.com.au · www.smh.com.au
[● 3 SOURCES] A four-bedroom terrace in Glebe's Toxteth Estate sold for $4.2 million following a single bid. www.brisbanetimes.com.au · www.theage.com.au · www.smh.com.au
[○ 1 SOURCE] The expected sale price for the South Brighton property was between $3.5 million and $4 million. glamadelaide.com.au
[○ 1 SOURCE] The new owner of the South Brighton property is expected to demolish the existing home and rebuild a larger residence. glamadelaide.com.au
[○ 1 SOURCE] The South Brighton beachfront property sold for $4.5 million. glamadelaide.com.au
[○ 1 SOURCE] The Animal Welfare League of South Australia is a beneficiary of the late owner’s estate from the South Brighton sale. glamadelaide.com.au

Timeline

14 days ago

[BUSINESS] 5 sources
Australian property auctions see multi-million dollar sales
High-value property auctions in Australia saw a South Brighton beachfront home sell for $4.5 million, while a Balgowlah vendor accepted a $4 million bid over a higher unregistered offer.
26 days ago

[BUSINESS] 2 sources
Sydney property auctions see Coogee semi sell for $2.5 million
A Coogee semi-detached house sold for $2.5 million at auction, contributing to a 57 per cent preliminary auction clearance rate in Sydney last week.

Sources

americanindependent.com · brisbanetimes.com.au · glamadelaide.com.au · smh.com.au · theage.com.au