News

Rain Proves No Deterrent

By Jessica Groves

BUYERS lined up in the pouring rain on Saturday half and hour before the auction at 31 Holloway St, Pagewood, was due to start.
The auction had an excruciating start, with five registered bidders in a crowd of 70 staying quiet as the bidding opened.
Agent Cameron Airlie, of Ray White Maroubra, placed a vendor bid of $1.2 million and suddenly the bids came flying in.
“For an auction to start that slow, it took off like a rocket. It was over in two minutes,” he said.
Two people bid in $10,000 increments before a local family won the race at $1.325 million. The final result was $75,000 above the vendor’s reserve.
All of the bidders were young families, reflecting the demographic of buyers in Pagewood.

Source: Southern Courier 19/06/2012

Up to Date

Latest News

  • Ray White Annual Awards 2018!

    Last night we celebrated a successful year with a successful night at the Annual Ray White Awards. Picking up awards for number 9 Office in NSW, 30 Years with Ray White to our Principal, Anthony Vella & Top 5 Salesperson went to our very own, Nader Hotait! A fantastic evening … Read more

    Read Full Post

  • Renovating Investment Homes vs. Forever Homes

    A concept is like a theme, a feeling, a look, a style. When selecting one for your renovation, choose what you connect with – choose a style that you love, and you’ll always love it. Investment home vs forever home: Identify your market: When it comes to investment properties, … Read more

    Read Full Post