The auction with the highest number of bidders was Ray White Wellington City agents Kartjana Anderson and Ben Stevens’ auction at 17 Cheyne Walk, Newlands, Wellington City which recorded a whopping 18 registered bidders and 15 active bidders, with the property selling under the hammer for $1.051 million.
Winning bid went to first home buyers. The sellers were a family who were relocating back to Scotland.
“The majority of buyers were first home buyers with a couple of small families as well,” Ms Anderson said.
“It was a really tidy home especially for the Wellington stock market. It has views and a big flat lawn. It ticked a lot of boxes for what people look for in a home.
“The market has been better than it was even a couple of months ago, there’s more people through open homes, but there’s definitely less stock on the market.
“We still have a really good amount of bidders, we have about five bidders per auction and most tender properties we have are receiving between six and 11 offers.
“There’s more positivity from the buyers as well, they have more confidence than they did a few months ago, but we will see what happens in the lead up to the election.”
Another fantastic auction was Ray White Mt Eden agent Robyn Ellson’s auction at 13A Grove Road, Sandringham, Auckland City which sold under the hammer for $2.18 million, with 14 registered bidders and eight active bidders. The buyers were a young family who had sold in Mt Albert. The sellers were a young family who had loved the home but were ready for a change and wanted a bigger yard for their daughter as she grows up.
“The market for that fully finished lock and leave style home is incredibly strong right now, people don’t want to do any work,” Ms Ellson said.
“Buyers were a mix of young families, but also downsizers. Downsizers loved that you could drive into your garage and everything was spacious and finished.
“I’m seeing a lot of downsizers going for that style of home as well as young families who don’t want to do renovations.
Ms Ellson said there were a few things that attracted so many buyers to the home.
“The size, it’s hard to find something of that size in Auckland,” she said.
“There was a small land area and a lot of people didn’t want a huge backyard.
“It was north facing and had a really good aspect, but ultimately it was the fact you could move in and not lift a finger which drove the interest.”
Media contacts:
Sam Steele
Lead Auctioneer
Ray White New Zealand
027 864 3254
ssteele@raywhite.com
Cassandra Glover
Media Advisor
Ray White Group
+61 447 000 472
cglover@raywhite.com
