Real Estate

two strathfield homes sell under the hammer in big weekend of auctions

Written by The ReReport

No. 12 Melville Ave in Strathfield sold for $3.06 million.

SPRING has well and truly sprung in Strathfield with two impressive sales over the weekend.
Both were achieved by agent Norman So of Belle Property Strathfield, who sold a four-bedroom home and a five-bedroom home just a few streets apart in the matter of a few hours.
The highest was at 12 Melville Ave, which achieved $3.06 million under the hammer, as five bidders registered.

The backyard of 12 Melville Ave.

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The result was $60,000 above the reserve price, as early indications were around the $2.7 million to $2.8 million range.
Of the five bidders, three competed strongly and came back multiple times during the campaign to inspect the property.

The new owners will be entertaining in style.

The first bid came at $2.7 million, with plenty of action ensuing as bids of $50,000 saw the price skyrocket to $3 million.
From there the three parties traded $10,000 bids up to the sale price, with a local upgrader winning the keys, attracted to the land size, living areas and the locality to amenities.
It was all over in just five minutes, with around 80 or 90 people in attendance.
“When you have quality it still outperforms expectations,” Mr So said.

No. 33 Myrna Rd in Strathfield sold for $2.2 million.

It wasn’t the only success he had on the day, with 33 Myrna Rd also selling at auction for $2.2 million.
The home on a 620sqm block in a prime position even for Strathfield, with a good crowd and five registered bidders proving that.

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Just like the other auction, bidding was over quickly, with bidding stalling at $2.15 million before the top bidders increased their offer by $50,000 to the get the sale over the line.
Mr So described it as a “win-win situation for all involved”, as the buyers got a fantastic home and the vendors achieved the price they were hoping for.


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