IN the final months of 2021,, it’s clear that Ray White auction metrics haven’t taken a tumble despite restrictions, rolling lockdowns and more stock on the market.
Over the past financial year, the Ray White Melbourne market has been the leader in auction volume, despite a fifth and sixth lockdown taking up much of that time. Ray White offices in Victoria’s capital scheduled a total of 1,987 auctions but were closely followed by Ray White Sydney which booked 1,983 auctions. In every auction market, Ray White increased its volume of auctions in comparison to the same time last year.Meanwhile, Adelaide topped the leaderboard for most average registered bidders - hitting double digits with 10 per auction. The South Australian capital also topped the clearance rate list with 87 per cent of all auctions selling under the hammer. Sydney came in second with 83 per cent while Melbourne was third at 79 per cent.The area with the highest number of average active bidders was in line with internal migration numbers from the Australian Bureau of Statistics, which found that many Australians are making the move to Queensland. The Ray White Gold Coast and Brisbane markets both recorded 4.3 active bidders on average per auction, however, Sydney also reached the same amount, showing that the Australian migration to the sunshine state hasn’t left the New South Wales capital uninhabited.COMPETITION CREATORS - RAY WHITE'S WEEKLY AUCTION DATAFOR MORE REAL-TIME PROPERTY INSIGHTS READ THE RAY WHITE NOW REPORT HERE.This Saturday’s auction highlightsThe Ray White Group has 322 properties scheduled to go under the hammer across the country this Saturday.
Sydney1 Ethne Ave, Randwick (pictured above)
Ray White Woollahra | Paddington
Agent: Clay Brodie - 0451 965 119
Auctioneer: James Kerley, Ray White New South Wales auctioneer
Onsite at 11:00am
The home has been popular with a mix of families, downsizers and flippers.
The cul-de-sac position in a sought after north Randwick pocket has been a big highlight for buyers along with the home’s proximity to highly regarded schools and its character and charm.
4 Gildea Ave, Five Dock
Ray White Drummoyne
Agent: Fiona Hellams - 0419 264 474
Online at 12:00pm
The house has only ever had two owners since being built.
The current owners renovated the property but kept the art deco features.
Interest has come from young couples and young families, as well as downsizers who like the low maintenance living aspect.
Melbourne18 Baker St, Moorabbin (pictured above)
Ray White Cheltenham
Agent/auctioneer: Kevin Chokshi - 0430 195 517
Onsite at 10:00am
There has mainly been interest from young couples and young families wanting to upsize.
1/1284 Nepean Highway, Cheltenham
Ray White Cheltenham
Agent/auctioneer: Kevin Chokshi - 0430 195 517
Onsite at 12:00pm
Interest has come from young couples, downsizers and investors.
The single level and location on Cheltenham’s beach side has made it popular.
There has been huge demand from first home buyers for properties like this.
Brisbane6 Verdun St, Alderley (pictured above)
Ray White Alderley
Agent: Janine McDonald - 0419 720 683
Auctioneer: Gavin Croft, Ray White Queensland chief auctioneer
Onsite at 9:00am
The seller is a long-term investor.
Young couples and younger families buying their first home have shown a lot of interest in the property.
There is huge potential for renovation but the house is currently liveable and well-maintained so many buyers are planning to live in it for a while before renovating over time.
The Queenslander features have been a major draw card.
11 Caneby Street, Ashgrove
Ray White Ashgrove
Agent: Adam Downes - 0418 872 022
Auctioneer: Jason Andrew, Ray White Queensland CEO
Onsite at 1:00pm
Interested buyers have been those wanting to get into the tightly held, prestigious Ashgrove market and are planning to knock down or renovate the existing property.
Mr Downes has received interstate interest and overseen more than 80 inspections.
Adelaide36 Cedar Ave, Royal Park
Ray White Port Adelaide
Agent: Rick Schultz - 0468 616 740
Onsite at 12:30pm
It has been with the same family for the past 45 years.
The home has plenty of potential for renovations but is also liveable and ready to move into.
49A Breaker St, St Morris (pictured above)
Ray White Norwood
Agent: Brandon Pilgrim - 0438 807 061
Auctioneer: George Kargiotis
Onsite at 12:30pm
- There has been a mix of interested buyers as the home is the perfect option for downsizers and new families because of the space and low maintenance lifestyle.
Perth
7 Glenelg Ave, Wembley Downs (pictured above)
Ray White Dalkeith | Claremont
Agent: Peter Kasten - 0423 636 443
Onsite at 11:00am
A mix of builders, renovators, families who want to rebuild on a large parcel of land and investors have all shown interest.
The property can be subdivided into two parcels of land.
It is on the corner of one of Wembley Downs' best streets (Dunrossil Place), famous around Perth for its Christmas lights display and strong community bonds with regular street get-togethers.
Close to the hidden Joe Rice Reserve, which is only accessible by laneway and to one of Perth’s most prestigious boys schools - Hale.
