Melbourne auctions: online sales secure top results amid lockdown

1 Crawley Court, Craigieburn sold via online auction.

Determined vendors who quickly converted scheduled auctions to online platforms were rewarded with strong sales yesterday.

Former Country Fire Authority firefighter, author and mental health advocate John Payne and his wife Kerryn were among those who saw big returns for pushing ahead.

The couple successfully sold 1 Crawley Court in Craigieburn for $537,000, which was $37,000 above their reserve.

RELATED: Coronavirus: Melbourne vendors in pre-lockdown scramble to auction

Coronavirus: Melbourne public auction ban returns for six weeks

Coronavirus: Online auctions a success, but less transparent

Craigieburn vendors John and Kerryn Payne after the auction. Picture: Ray White

The vendors moved their auction online.

Mr Payne said they were very happy with the result for the three-bedroom house that they built 28 years ago.

“It was a wonderful place for us, with lots of happy memories,” Mr Payne said.

“Now we are downsizing empty-nesters and we are going to have a tree-change … our son has acreage some 45 minutes away and we are going to build a house on his land.”

The house was built in 1992 by the vendors.

There’s a huge backyard.

Ray White Craigieburn auctioneer Daniel Diamantopoulos said the house, which was on the same street as a school, sold to a buyer from the area.

“It was so popular, as there is still not much stock for sale,” Mr Diamantopoulos said.

“I had 60 people through the campaign and 32 alone at the first open home.”

At 2 Franklin Rd in Lalor, a knockout $700,000 bid secured the keys for a buyer competing against seven other parties.

2 Franklin Rd, Lalor sold at an auction hosted on Facebook

Harcourts Rata & Co agent Daniel Galea said the vendor was represented by her eight adult children, who had grown up at the four-bedroom house that had been in the family for the past 47 years.

“You can imagine the raw emotion involved in preparing their childhood home for sale,” Mr Galea said. “They styled and prepared the property really well, which lead to a great campaign and a result they were happy with.”

More from news

Ozzie Kheir: Melbourne Cup winners complete $55 million property trifecta
Coronavirus: Online auctions a success, but less transparent

Harcourts Rata & Co auctioneer Daniel Galea selling 2 Franklin Rd, Lalor.

Closer to the city, a renovated terrace at 94 Tennyson St in Kensington sold for $1.167 million after an hour-long auction via Zoom.

Nelson Alexander Kensington agent Ryan Currie said four bidders slowly battled it out before the hammer fell to a young couple.

“(They) just sat back expressionless until later in the auctions, but then fought it out with another group to get to the result,” Mr Currie said.

94 Tennyson Street, Kensington sold via online auction.

The property had been renovated by vendors.

“We had 75 buyers through the three-bedroom property during the campaign, during which we had three weeks of eased restrictions … it came to a head at the right time.”

He said strong online results added confidence that the market could stay afloat during the city’s six-week lockdown.

READ MORE: Ozzie Kheir: Melbourne Cup winner’s $55 million property trifecta

Frank Valentic: The Block expert sets Elwood house price record

Melbourne apartments: Demand for units rises amid COVID-19

Source link