Auction creates competition & records are broken in competition.

examples of some recent auctions,

62 - 64 Gawler Place Adelaide sold $4,360,000.00……well over reserve

1 - 5 Sussex St Glenelg sold $1,500,000.00…..well 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 Park 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