COVID-19 online auctions: six bidders for Eaglemont, Burwood East pads

18D Ashby Grove, Eaglemont, sold for $853,000 at an online auction.

The buyer of an Eaglemont townhouse was so determined to win the keys at its online auction that she’d started planning a house-warming there before the hammer came down.

The woman outlasted five other bidders to secure the renovated two-bedroom pad for $853,000 — $43,000 above reserve — at an auction held on conferencing platform Zoom.

Nelson Alexander Ivanhoe selling agent Annalise Newell said the woman had been “renting around the corner” from 18D Ashby Grove and “was thrilled” she’d soon call it home.

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Eight parties registered to bid on the Eaglemont home, with six putting their hands up.

“She was inviting me to her house-warming, when she registered to bid,” Ms Newell said.

“She was confident. But mostly, she really wanted it.”

The agent said the property’s entry-level price point for Eaglemont and its “on-trend” reno were selling points throughout the campaign.

Vendor Sophie, who didn’t want her surname published, gradually revamped the 20-year-old residence during her seven years of ownership.

She said growing up with a “dad who’s very handy” held her in good stead when it came to improving her home.

“I’m nowhere near his league,” Sophie laughed.

“But I did everything from updating the flooring, installing tiling, new carpet and floorboards, as well as renovating the two bathrooms, the powder room, the kitchen and painting the whole house.

“I sanded the stairs and deck, and did the garden out the back, as well.”

The eventual buyer was envisaging a house-warming at the property before the online auction even started.

The vendor’s renovation included improving the back desk.

Sophie’s quality additions included bathroom tiles imported from Italy, and double-glazed doors and windows to block out sound from the train line backing on to the property.

She said she’d miss her friendly neighbours, and the Eaglemont Dish cafe and Endota Spa on Silverdale Rd, when she moved to her next project house in Viewbank.

Ms Newell said eight parties registered to bid on the home, with six getting the chance to put their hands up from an $800,000 starting point.

She said even in the coronavirus climate, the auction method remained the fairest and most transparent way to sell properties with interest from multiple buyers.

“Buyers sometimes get the fear of overpaying if they’re stabbing in the dark (by making private offers),” she said.

Ray White Mt Waverley managing director Courtney Matthews calling the online auction for 30 Moona St, Burwood East.

The Burwood East property eclipsed its reserve by $71,000.

Meanwhile, a dated four-bedroom Burwood East house marketed as “the ideal canvas for your renovation ideas” sold $71,000 above reserve for $1.051 million at another online auction.

Ray White Mt Waverley’s Jay Warnak said 13 parties registered to bid on 30 Moona St, with six ultimately participating.

He said the way his office had embraced digital auctions during COVID-19 was “winning us listings”.

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