Six Knox sellers find buyers in last-minute auctions before ban

24 Cinerea Ave, Ferntree Gullywas a private on-site auction with only bidders allowed at the property on March 25.

There were six lucky sellers at on-site auctions in Knox as the hammer came down on public auctions.

Another nine hopeful owners were left disappointed as their properties passed in at last-minute auctions squeezed in before the COVID-19 crisis deadline.

The usual weekend auction crowds were missing, but auctioneers tried their hardest to drum up some enthusiasm.

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6 Norman Street The Basin auction

This home in The Basin had a large crowd when its auction was brought forward to March 24.

“I love doing auctions, but this may be the last on-site auction I will be doing for some time,” Harcourts Judd White director Dexter Prack said.

He managed to get four buyers in the crowd of less than 20 people at 62 Michele Drive, Scoresby to make bids.

It rose from a low opening bid of $750,000 to end at $1.146 million with two parties left towards the end. The beautiful five-bedroom home on two levels was declared on the market at $1.12 million.

62 Michele Drive, Scoresby

62 Michele Drive, Scoresby sold for $1.16 million with four bidders in the crowd.

Nearby 24 Arnold St had two bidders but was passed in at $885,000 with the price guide at $850,000-$920,000.

Ray White Ferntree Gully sold four properties from eight private on-site auctions, with only bidders allowed to attend.

“In these times that’s a 50 per cent clearance rate so we classify it as a win for the owners,” the agency’s managing director Patrick McConnachie said.

Its best performer was 24 Cinerea Ave, Ferntree Gully, with the four-bedroom property selling for $940,000 — $20,000 above the reserve.

24 Cinerea Avenue, Ferntree Gully.

A first-home buyer won the keys to 24 Cinerea Ave, Ferntree Gully.

Another notable sale was 4 Thomson Court, Rowville, which was sold above the reserve for $853,000 by agent Ben Thomas.

Mr Thomas also sold a block of land at 25B McIver St, Ferntree Gully for $407,000 from a reserve of $400,000.

“We are moving to online auctions or private sales and there are still people who want to buy and sell property,” Mr Thomas said.

24 Arnold Drive Scoresby

24 Arnold Drive, Scoresby is a large five-bedroom home that was passed in.

Meanwhile, a first-home buyer secured 20 Sheridan Ave, Rowville with a $795,000 bid that was above vendor expectations. The auction was brought forward from March 28.

It had 10 people in attendance and two bidders, with the buyers “a young couple chasing the great Australian dream of owning their own home”, Ray White Rowville director Adam Sorrell said.

Knox suburbs had recorded strong clearance rates of 80 per cent or more in recent weeks.

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