30 registered bidders attended the on-site Auction with 10 buyers competitively participating to secure the showstopping Duncraig residence. The highest bid of the successful purchaser halted the Auction at $1,110,000 after 18 minutes of back and forward between two, million-dollar-bidders.
Frances Goncalves and the Realmark North Coastal team are leading with Auction as the preferred selling method in the North-coastal corridor of Perth - with 3 out of 3 properties selling via the process last weekend alone. Realmark North Coastal Director, Jeanette Bates is a Licensed Auctioneer who calls many successful Auctions for the agency.
Intense buyer demand continues to put high pressure on supply in the area, with the Auction method by North Coastal proving to achieve higher price outcomes than comparable sales.
The 4-bedroom, 2-bathoom home on 703sqm of land last sold in 2018, with some minor renovations, interior design, improved market conditions and an effective sales and marketing campaign executed by Frances, the property’s value has increased by over a third.
Realmark agents are well-versed in all the methods of sales including Auction, so if you’re looking to sell, ask your local Realmark agent how you can ensure you’re not undersold in today’s rising market.