Brought forward auctions the new normal in Christchurch
Auctions being called forward has become the new normal in Christchurch after another stellar event which saw 12 out of 14 properties sell via their auction campaigns.
“The campaign was very active with the property receiving more than 10,500 views online and over 140 groups actually coming through the home,” Mr Standeven said.
“What really resonated was the property’s position within the bay and the fact the extension added in the ’90s was from local architect John Chaplin which was also a real drawcard.
“The result is a reflection of just how much demand there is for property right now – there isn’t much supply and the competition is strong for properties available on the market.
“We’re also seeing interest from Auckland and further afield in Australia so that’s increasing the competition. The local buyers of this property did well to beat that competition.”
Elsewhere, 1 Westenra Terrace in Cashmere sold for NZ$750,000, Avonhead’s 2/5 Glenburn Place sold for NZ$475,000, 29 Howe Street in New Brighton sold for NZ$467,000, Shirley’s 41 Hammersley Avenue sold for NZ$ $460,000, 2/7 Takapu Place in Bromley sold for NZ$378,000, and finally, Riccarton’s 3/11 Division Street sold for NZ$294,000.