While many of us took a well earned break over Christmas, Sydney agents were hard at work securing stock and organising auctions. A move that paid off as the capital city’s auction market is ready to heat up this weekend.
Early in the morning, Ray White Surry Hills director Shaun Stoker and sales executive Moira Verheijen are confident they will be starting off their year of auctions with an impressive result.
Ray White auctioneer James Keenan will be bringing down the hammer on 132 Union St, Erskineville(pictured above) after a massive campaign. After more than 160 groups inspected the property and lines ended up around the corner, Ms Verheijen said the auction is sure to draw a huge crowd of buyers.
“On the very first open home we had 82 groups come through, the queue was down the street and around the corner,” Ms Verheijen said.
“Young couples have been falling over themselves to inspect the house, they’ve all been looking since the end of last year and come back from the break with gusto.”
The Surry Hills agent gave a price guide of $1,500,000.
Meanwhile, Ray White Upper North Shore director David Walker and sales associate Belinda Edwards will be busy with their own early morning auction. The four bedroom home at 2 Yanilla Ave, Wahroonga has been popular with young families who have been waiting for their chance to get into the Upper North Shore market.
Mr Walker has already overseen 180 inspections for the Wahroonga house which has a price guide of $1,800,000.
“With a medium sale price for the area, the auction is going to be a good reflection of the market. It’s a very traditional Wahroonga property which will suit a family looking to establish themselves in the suburb perfectly.”
Other standouts in Sydney are slated to be 16 Witney Street, Prospect selling through Troy Do of Ray White St Martins, 26 The Esplanade, Sylvania going to auction through Ray White Sutherland Shire’s Paul Moussa and 3 Kent St, Rockdale which is being marketed by Ray White Rockdale principal Con Economos. Also shaping up to be a great auction is 12 Meredith Ave, Kellyville which will go under the hammer through Ray White Castle Hill agent Kael Sharp.