Auction Roundup
April 27th, 2009 by 
Jonathon Moore
Adelaide is now considered the most affordable mainland city in Australia.
Auction creates competition & records are broken in competition.
examples of some recent auctions,
15 Mulkara Ave Pooraka…Resreve $325,000 SOLD $430,000………$105,000 over reserve
31 Victoria St Prospect…..Reseve $600,000…SOLD $830,000………$230,000 over resrve
2a York St Henley Beach…Reserve $450,000…SOLD $552,000………$102,000 over reserve
35 Wallala Ave Pk Holme…Reserve $330,000….SOLD
$407,000……$77,000 over reserve
43 Chippendale Ave Fulham…..Reserve $580,000 SOLD…………$643,000….$63,000 0ver reserve
26 Ashburn Ave Fulham………..Reseve $490,000 SOLD…………$575,000….$85,000 0ver
MARINO………..Take $500,000…….SOLD$718,000
GLENGOWRIE……Take $320,000……..SOLD$471,000
CHRISTIES BEACH…..Take $400,000…….SOLD$441,000
12/12 Old Tapleys Hill Rd………on the market with a Jenman Agent for 3 months…..no sale no charge(Thats what they got) hoped to get $400.000……….swiched to an Auction agent…….3 weeks marketing…Sold $408.000.
REYNELLA……Reserve $130.000…….SOLD$227.500
Auctions don’t cost the earth……….maybe as little as $352.00(auctioneer’s fees)….It can cost you less to Auction a property than to go private treaty.
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