There were PJs under business suits at the auction of 92 Gordon St, Hawthorne this week, after buyers pushed for an early auction following the state’s snap lockdown.
Agents scrambled to comply, squeezing three weeks of auction preparation into two days.
The result was a suburb record $2.501 million for a small lot house in the inner-east suburb with 16 bidders taking part in the auction and a Ray White New Farm or Bulimba agent assigned to every bidder.
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“It was like we were calling a race,” Ray White Bulimba managing principal Scott Darwon said.
“Each agent was a jockey on a horse, everyone had their buyer. My buyer started falling away, the others kept going, and it ended up selling well above reserve.”
The contemporary four-bedroom home on a 405 sqm block was one street back from the river and was very popular with families, with multiple living areas on both levels, a separate media room, an imported Italian full-sized wood pizza oven, heated pool, lawn and a cubby house.
“What we’re finding now is unlike the last lockdown where people were nervous with what was going to happen in the market. The confidence is there. There is pent up demand and that is causing buyers to act quicker.”
And buying a home online is also easier than online shopping for a sun lounge, he said.
“You don’t have to put your credit card details into the computer. All we need is your driver’s licence, we do everything else. It’s less stressful for some buyers to be in the comfort of their own homes or, the discomfort of their own home which is a reason to keep bidding.”
This Saturday’s auction volume is down with 51 properties heading under the hammer across Greater Brisbane while a further 30 properties either sold prior to auction or have had their auctions postponed.
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