Latest news with #Harcourts


7NEWS
2 days ago
- Business
- 7NEWS
Passing driver stops to place winning bid, "I better tell my wife."
An unassuming auction in Glenelg North SA turned into a story for the ages when a tradie driving past in his ute pulled over, joined the bidding and walked away with the keys for $980,000. The two-bedroom home at 9 Fisher Terrace, set on a 552 square metre block just minutes from the beach, drew a crowd of 50 and four registered bidders ready to compete. Harris listing agent Marco Wenzel said, "It was a quick auction that started at $800,000, bouncing bids of $50,000s took it to $960,000 within two minutes." Know the news with the 7NEWS app: Download today The momentum then stalled, the crowd falling silent as the numbers stuck. That was when the tradie pulled up, caught sight of the action and decided to throw his hat in the ring. Within moments, he had placed the winning bid of $980,000. "After he won, he asked to use our phone and said, 'Better tell my wife!'" Wenzel laughed. The property itself offered plenty of appeal, with its original 1925 build providing solid bones for renovation or a complete redevelopment. On a tree-lined street in one of Glenelg North's most tightly held pockets, the block's potential made it a magnet for renovators and investors alike. In the end, it was the tradie's spontaneous decision that stole the show, leaving the crowd buzzing and cementing the auction as one of the weekend's most memorable sales along Adelaide's coast. Adelaide saw 90 homes go to auction, with a 78 percent preliminary clearance rate, the strongest since late June and the third highest this year. Queenslander soars 150 percent as local family snaps up city-view home for $1.25m A charming 1930s Queenslander in Coorparoo delivered a standout result on Saturday, selling for $1.25 million, a 150 percent increase on its last recorded sale in 2014. The property at 3 St Leonards Street drew a crowd of 30 to the Harcourts office, with four active bidders battling for the character-filled home. Harcourts listing agent Trent Powles said bidding opened at $1.08 million and quickly climbed in $20,000 increments to $1.12 million, then $1.15 million as competition intensified. Perched on a low-maintenance 274 square metre block, the home combines classic Queenslander charm with modern updates, featuring soaring ceilings, leadlight windows, hardwood floors, and a stylish kitchen. Upstairs offers three generous bedrooms and sweeping city views from an L-shaped deck, while the fully concreted ground floor includes a second bathroom and laundry, primed for dual living or future renovation. Powles described the result as a win for local buyers. "It sold to a family moving up the street," he said, noting the strong local interest and competitive bidding. From the striking original features to modern touches and panoramic city vistas, this Queenslander offered both lifestyle and investment appeal. Saturday's auction reinforced Coorparoo's growth, showing that homes with character, dual living potential, and convenient positioning continue to attract buyers and achieve results well above expectations. 137 auctions were held in Brisbane, up 10.5% from last week. The preliminary clearance rate was reported at 69.6%, up 2.5 percentage points from last week. Wild west quickdraw with 22 bidders and $865k Craigie fixer-upper sale A renovator's dream sparked a feeding frenzy in Craigie on Saturday, with 18 Atwick Way selling under the hammer for $865,000 after a fierce auction packed with opportunity-seekers. The three-bedroom, plus potential fourth, brick-and-tile home on a sunlit 684 square metre block drew 22 registered bidders, 12 of whom were active on the day. Lead agent and auctioneer Scott Langley guided the bidding as buyers scrambled to secure a property primed for a smart, modern makeover. Described as "money to be made, perfectly positioned, with endless potential," the residence offered classic bones, original timber floors, a front sunlit living room and solar panels. Outside, the blank canvas included a pool, alfresco and gardens waiting patiently for transformation. The compact kitchen and central bathroom added to the appeal for buyers willing to roll up their sleeves and get stuck into it. Ray White Western Australia CEO Mark Whiteman noted that listing numbers had dropped to historic lows this week. "We are now at levels lower than at the same time last year, adding to the frustration for buyers looking to get into the market," he said. "With interest rates reduced and potentially even more buyers in the market, property sellers are enjoying some of the strongest selling conditions in recent memory." For the winning bidder, the acquisition offers an immediate opportunity to add value in a convenient location, with Craigie Fresh IGA, Whitfords Station, Westfield Whitford City, and parks all just a stroll away. The result confirmed that smartly positioned fixer-uppers remain one of WA's most sought-after opportunities, drawing both competition and excitement at auction.


Canberra Times
2 days ago
- Business
- Canberra Times
Passing driver stops to place winning bid, "I better tell my wife."
An unassuming auction in Glenelg North SA turned into a story for the ages when a tradie driving past in his ute pulled over, joined the bidding and walked away with the keys for $980,000. SOLD: 9 Fisher Terrace, Glenelg North SA 5045 Pic: Supplied The two-bedroom home at 9 Fisher Terrace, set on a 552 square metre block just minutes from the beach, drew a crowd of 50 and four registered bidders ready to compete. Harris listing agent Marco Wenzel said, "It was a quick auction that started at $800,000, bouncing bids of $50,000s took it to $960,000 within two minutes." The momentum then stalled, the crowd falling silent as the numbers stuck. That was when the tradie pulled up, caught sight of the action and decided to throw his hat in the ring. Within moments, he had placed the winning bid of $980,000. "After he won, he asked to use our phone and said, 'Better tell my wife!'" Wenzel laughed. The property itself offered plenty of appeal, with its original 1925 build providing solid bones for renovation or a complete redevelopment. On a tree-lined street in one of Glenelg North's most tightly held pockets, the block's potential made it a magnet for renovators and investors alike. In the end, it was the tradie's spontaneous decision that stole the show, leaving the crowd buzzing and cementing the auction as one of the weekend's most memorable sales along Adelaide's coast. Adelaide saw 90 homes go to auction, with a 78 percent preliminary clearance rate, the strongest since late June and the third highest this year. Queenslander soars 150 percent as local family snaps up city-view home for $1.25m A charming 1930s Queenslander in Coorparoo delivered a standout result on Saturday, selling for $1.25 million, a 150 percent increase on its last recorded sale in 2014. The property at 3 St Leonards Street drew a crowd of 30 to the Harcourts office, with four active bidders battling for the character-filled home. Harcourts listing agent Trent Powles said bidding opened at $1.08 million and quickly climbed in $20,000 increments to $1.12 million, then $1.15 million as competition intensified. Perched on a low-maintenance 274 square metre block, the home combines classic Queenslander charm with modern updates, featuring soaring ceilings, leadlight windows, hardwood floors, and a stylish kitchen. Upstairs offers three generous bedrooms and sweeping city views from an L-shaped deck, while the fully concreted ground floor includes a second bathroom and laundry, primed for dual living or future renovation. Powles described the result as a win for local buyers. "It sold to a family moving up the street," he said, noting the strong local interest and competitive bidding. From the striking original features to modern touches and panoramic city vistas, this Queenslander offered both lifestyle and investment appeal. Saturday's auction reinforced Coorparoo's growth, showing that homes with character, dual living potential, and convenient positioning continue to attract buyers and achieve results well above expectations. 137 auctions were held in Brisbane, up 10.5% from last week. The preliminary clearance rate was reported at 69.6%, up 2.5 percentage points from last week. Wild west quickdraw with 22 bidders and $865k Craigie fixer-upper sale A renovator's dream sparked a feeding frenzy in Craigie on Saturday, with 18 Atwick Way selling under the hammer for $865,000 after a fierce auction packed with opportunity-seekers. The three-bedroom, plus potential fourth, brick-and-tile home on a sunlit 684 square metre block drew 22 registered bidders, 12 of whom were active on the day. Lead agent and auctioneer Scott Langley guided the bidding as buyers scrambled to secure a property primed for a smart, modern makeover. Described as "money to be made, perfectly positioned, with endless potential," the residence offered classic bones, original timber floors, a front sunlit living room and solar panels. Outside, the blank canvas included a pool, alfresco and gardens waiting patiently for transformation. The compact kitchen and central bathroom added to the appeal for buyers willing to roll up their sleeves and get stuck into it. Ray White Western Australia CEO Mark Whiteman noted that listing numbers had dropped to historic lows this week. "We are now at levels lower than at the same time last year, adding to the frustration for buyers looking to get into the market," he said. "With interest rates reduced and potentially even more buyers in the market, property sellers are enjoying some of the strongest selling conditions in recent memory." For the winning bidder, the acquisition offers an immediate opportunity to add value in a convenient location, with Craigie Fresh IGA, Whitfords Station, Westfield Whitford City, and parks all just a stroll away. The result confirmed that smartly positioned fixer-uppers remain one of WA's most sought-after opportunities, drawing both competition and excitement at auction.


7NEWS
14-07-2025
- Business
- 7NEWS
"Stop bidding, I want to live in it!" Theatrics seal the deal in dramatic finish
A peaceful Norwood street came alive on Friday when a property hit the auction block. A small crowd of 25 watched as two fiercely committed bidders battled it out, culminating in a heartfelt plea that stole the show. Across Australia, auction volumes dipped this week, marking the quietest stretch since the King's Birthday long weekend. A total of 1,458 homes went under the hammer across the capitals, down from 1,794 the week prior and slightly below the 1,512 held this time last year. Despite the softer volume, buyer momentum is holding. The preliminary clearance rate came in at 72.2 percent, easing from the year-to-date peak of 74.5 percent recorded three weeks ago. Still, it's the fifth consecutive week that early results have tracked above 70 percent. Melbourne led the action with 630 auctions, down from 767 a week ago. While activity aligned closely with last year, clearance dipped to 70.5 percent, its lowest level in 12 weeks. Yet that still makes it 11 straight months Melbourne's early rate has held above the 70 percent mark. Activity in Sydney dipped from last week's 685, with 578 homes taken to auction, edging above the 560 recorded this time last year. Buyer demand remained strong, lifting the clearance rate to 76.2 percent, equal to the year's peak set in mid-February. Brisbane's auction scene cooled this week, recording just 103 homes under the hammer, the lightest turnout in nearly three months. The early success rate dipped to 61.3 percent, the softest showing since early June, hinting at hesitancy in the winter market. Adelaide, on the other hand, delivered a standout result. Of 75 homes auctioned, 75.6 percent found buyers, rebounding sharply from last week's lull and clearing well above the city's 2024 average. Momentum there is building while other markets take a breath. Canberra hosted 61 auctions this week, with the preliminary clearance rate easing to 68 percent from 73.1 percent the week prior, as winter momentum slowed. Volumes are tipped to lift slightly in the week ahead, offering a clearer read on buyer appetite. "Stop bidding, I want to live in it!" Norwood cottage sparks showdown at $960k A quiet corner of Norwood turned theatrical on Friday as 21 Eastry Street went to auction before a quaint crowd of 25, drawing fire from two determined bidders and finishing with a dramatic cry from the heart. Bidding opened at $799,000 and moved fast, shooting past $850,000 and hitting $900,000 in a matter of minutes. From there, momentum slowed but didn't stall as the two buyers, an investor and an aspiring owner-occupier, went head to head in a tense rally. "The investor kept lifting his bids to block the other bidder out," said Harcourts agent Shane Boon. "Then, mid-auction, the other bidder just snapped, yelling, 'Stop bidding. I want to live in it. You're just looking for an investment!'" The plea won the day. The investor backed off, and the home sold soon after for $960,000. The seller, a woman who bought the sandstone-fronted home in the $600,000s back in 2017, was delighted with the outcome. With just two bedrooms, classic character and a location footsteps from The Parade, the home tapped into a pocket of the market that's still running hot. "There's a strong market for little homes," said Boon. "This one had charm, walkability and that inner-east lifestyle everyone wants. It might be small, but it packed a punch." Seventeen bidders, one dream home. Underwood family favourite soars to $1.13m It was standing room only in Underwood on Saturday as 45 people gathered at 2 Avondale Street, drawn by a five-bedroom family home that had been fully reimagined inside and out. What followed was a 40-minute auction rollercoaster that started fast, climbed hard and finished with a splash at $1.13 million. Seventeen bidders threw their hats in early, pushing the price up in bold $50,000 jumps until it hit $950,000. Then came the grind. Three bidders remained, trading $1000 and $500 blows with calculated precision. Ray White agent Syed Ali said the energy was high from the first bid. "There was serious interest. You could feel the intensity. By the end, the final three were laser focused. No one was letting go without a fight." The reserve was set at $980,000, but that was just the beginning. The eventual buyers, a young couple upsizing after selling their own home, outlasted the pack and walked away elated. The sellers, a middle-aged couple also looking to upsize, were just as happy with the result. "Both sides were over the moon," said Ali. "This home had wide appeal and huge interest. It was built for a result like this." Sitting on a generous corner block with dual access, lush gardens and plenty of scope to grow, the home offered a blend of lifestyle and flexibility that resonated with families and investors alike. Ding-dong bidding battle lands Kewdale corner block for $892k With the sun shining over Tomato Lake in WA and an 80-strong crowd lining the verge, 10 Wheatley Street was always going to stir up action. What followed was a six-way bidding brawl that ended with a phone bidder clinching victory for $892,000. "It was a ding-dong tussle," said Jones Ballard agent Kim Findlay. "The bids came in strong at first, then slowed right down to thousand-dollar blows. It was a good fight." The auction was fast and gritty, with six contenders stepping up to claim the rare 711-square metre corner block with R30 potential. While the home itself was sold in original condition, the value was in the land and location, just metres from the lake and loaded with development upside. The sellers, an older couple transitioning to aged care, watched on as their long-held family home changed hands. It was a moving moment at the end of a significant chapter. "There was real emotion in it," said Findlay. In the end, it was a young man watching remotely from Sydney who took the prize, snapping up the property after following the action from his phone and outlasting the locals. With its central location, zoning flexibility and walkable access to public transport, Wheatley Street offered bidders more than just bricks and mortar. Saturday's result proved that in a market hungry for land with promise, buyers are still willing to fight hard and dig deep to secure the right block.

News.com.au
01-07-2025
- Business
- News.com.au
First-home buyers win Point Cook auction for $880k
A couple who spent 15 years renting have finally claimed a home of their own, and they did it by winning Wyndham's top recorded auction of the weekend. The four-bedroom home at 14 Kellerman Drive sold under the hammer for $880,000, the highest result recorded across the region's weekend auctions, following a strong campaign by Harcourts Point Cook agents Muhammad and Eyad Khudruj. Muhammad Khudruj said the property attracted immediate interest thanks to its premium features and 'all the bells and whistles' that made it stand out from the pack. Why buyers are back in big numbers Glenroy couple's $60k surprise payday 'We had two active bidders on the day and placed a vendor bid to get things started, but once it got going, momentum built quickly,' Mr Khudruj said. 'The home had reaccess stone benchtops, soaring high ceilings, zoned refrigerated cooling, and fully landscaped front and backyards. It was move in ready and incredibly appealing.' Mr Kudruj said the auction's successful buyers were first-home buyers who had been renting for more than a decade and acted fast to secure the deal. 'They were absolutely thrilled … they felt confident and trusted us throughout the process,' Mr Khudruj said. 'The wining bidders even booked a building inspection the day before the auction and made their decision within hours. It was a big moment for them.' Set on a 631sq m allotment in the sought-after Innisfail Estate, the home offered a generous family-sized floorplan with multiple living zones, a newly renovated kitchen, spacious backyard and alfresco deck. The Harcourts Point Cook agent said the sale also capped off a standout quarter for the agency, with renewed buyer competition and rising clearance rates defying the winter chill. 'This is probably my final sale for FY25, and we're heading into the new financial year with real momentum,' Mr Khudruj said. 'Despite what some have said about a downturn, every auction we've taken to market recently has sold. 'We're seeing some of the strongest winter numbers since Covid.' Mr Kudruj added that more Sydney and Queensland investors were circling Wyndham in particular and warned local buyers holding out for more rate cuts that it could cost them. 'Waiting could mean paying $30,000 to $50,000 more for the same home in six months,' he said. 'The market's already shifted since the last two cuts.' As for the sellers, who had previously been listed with three other agents without success, the turnaround came as welcome relief. 'We ran a four-week campaign and sold it under the hammer. They were over the moon,' Mr Khudruj said. Other notable results in Wyndham last weekend included $816,000 for a four-bedroom home at 5 Broadlands Crt, Hoppers Crossing, and $655,000 for a similar-sized property at 4 Chloris Crt, Tarneit.


Scoop
24-06-2025
- Business
- Scoop
Harcourts Hoverd & Co. Supports East Auckland Property Market with Local Expertise
Harcourts Hoverd & Co., a real estate and property management agency based in East Auckland, continues to provide a range of services for both homeowners and investors in the region. With more than 20 years of experience, the agency has established itself as a knowledgeable resource for clients in suburbs such as Botany Downs and Flat Bush. The team at Harcourts Hoverd & Co. offers support for property owners seeking property managers in Botany Downs, delivering assistance with tenant selection, regular inspections, maintenance coordination, and financial reporting. The agency's property management services include access to a 24/7 client portal and straightforward communication, aiming to help landlords protect their investment and ensure compliance with local regulations. In addition to property management, Harcourts Hoverd & Co. is recognised among real estate agents in Flat Bush, offering guidance for buyers and sellers in the competitive Auckland housing market. The agency provides suburb-specific market insights, tailored marketing campaigns, and negotiation support for residential and commercial properties. Their sales team, which includes speakers of English, Mandarin, Cantonese, and Hindi, is positioned to assist a diverse client base. Harcourts Hoverd & Co. is backed by the Harcourts brand, which is widely known across New Zealand, and maintains a high customer satisfaction rating. The agency's office is located at the Ormiston Town Centre in Flat Bush, serving as a hub for real estate transactions, property appraisals, and investment advice in East Auckland. For more information about services or current listings, property owners and prospective buyers can contact the Harcourts Hoverd & Co. team directly through their website.