An interior west dwelling going beneath the hammer for the primary time in over 60 years has develop into one of the vital watched auctions in Australia.
The Belfield dwelling on 127 Madeline Avenue offered beneath the hammer for $1.425m a fortnight in the past and has since been considered by practically three million individuals on Fb.
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“Since it went under the hammer it has reached 5.8 million people, had 2.8 million views and over 1000 shares,” he said.
Blown away by the popularity, Mr Panos said a number of factors including the drama, the humour and plenty of emotion helped make it shareable.
A sprout of racism from a number of individuals in the comments also helped the video gain attention, Mr Panos said.
“Some people started making comments on the video that were negative and racist about the buyers origin,” he said.
“There are a lot of people getting frustrated that they are missing out and have to keep looking and are taking their anger out.”
Mr Panos said the number of people streaming the auction highlights how popular the Australian housing market currently is.
“Real estate is such a trendy topic at the moment as homeowners are excited by seeing house and net worth grow in value, while buyers are interested to see what the market is doing and tenants are wondering if they will ever buy,” he said.
The industry stalwart said COVID-19 has made following the property much easier with online auctions.
“COVID-19 has allowed people to watch the live drama of auctions on their phones while they’re shopping, at sport or on the couch,” he said.
The two-bedroom property on 512sqm was advertised as a blank canvas. It had been owned by couple who moved into it on their wedding night.