Inner west local gets a $100,000 discount on $2 million semi
By Saturday evening, Domain Group had recorded a preliminary auction clearance rate of 53 per cent from 311 reported results throughout the week, while 93 auctions were withdrawn. Withdrawn auctions are counted as unsold properties when calculating the clearance rate.Three parties registered to bid on the Federation-era property with a $2 million guide. All were young couples or families, but only one made an offer, opening the auction at $1.9 million.AdvertisementThe next bid was a vendor bid of $2 million, then the opening bidder asked the auctioneer if they could match the vendor bid.
- ▪By Saturday evening, Domain Group had recorded a preliminary auction clearance rate of 53 per cent from 311 reported results throughout the week, while 93 auctions were withdrawn.
- ▪Withdrawn auctions are counted as unsold properties when calculating the clearance rate.Three parties registered to bid on the Federation-era property with a $2 million guide.
- ▪All were young couples or families, but only one made an offer, opening the auction at $1.9 million.AdvertisementThe next bid was a vendor bid of $2 million, then the opening bidder asked the auctioneer if they could match the vendor bid.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.