10/17/2022 Sydney Auction News | A Five-Bedroom House in Manly Sold For $21.5 million On Saturday

A five-bedroom house in Manly sold for $21.5 million on Saturday, when it went under the hammer for the first time in more than 40 years.

A surgeon walked away with the keys to the original-condition home overlooking Manly beach, outbidding eight other registered buyers in a drawn-out auction that lasted for more than 40 minutes. A large crowd gathered for the auction of 2 Reddall Street, which sits on a 400-square-metre block behind the Manly Surf Pavilion, and last traded for $300,000 in 1981. When the bidding stalled, lengthy negotiations on the auction floor ensued, and eventually an offer was made to match the vendor’s revised reserve price of $19 million.

A fifth bidder then joined the competition, making an offer of $19.5 million, and the two parties traded $250,000 increases until the $21.5 million sale price. The suburb record sits at $23 million.

Last week’s Sydney auction clearance rate was 66%, 2% higher than the week before. There were 353 properties listed for sale, 232 properties were sold, and 71 properties were withdrawn. Moreover, the total clearance rate for state of New South Wale last week was 58%.

According to Realestate.com.au, it was reported 1404 private sales in New South Wales over last week. 252 properties were sold at auction, while 181 were sold prior to auction.


Last Saturday Sydney Auction Top5 House

▼TOP 1. AUD$21,500,000
Address: 2 Reddall St, Manly NSW 2095
Land Size: 400 sqm
House | 5 Bed | 2 Bath | 3 Parking 

▼TOP 2. AUD$6,228,000
Address: 11 The Chase Rd, Turramurra NSW 2074
Land Size: 911 sqm
Internal Size: 102 sqm
House | 5 Bed | 4 Bath | 2 Parking 

▼TOP 3. AUD$4,905,700
Address: 57 Warrangi St, Turramurra NSW 2074
Land Size: 1752 sqm
Internal Size: 493 sqm
House | 4 Bed | 3 Bath | 5 Parking 

▼TOP 4. AUD$4,200,000
Address: 31 Jamieson Av, Fairlight NSW 2094
Land Size: 452 sqm
Internal Size: 220 sqm
House | 4 Bed | 2 Bath | 2 Parking 

▼TOP 5. AUD$4,200,000
Address: 39 Congewoi Rd, Mosman NSW 2088
Land Size: 533 sqm
House | 4 Bed | 2 Bath | 2 Parking 


Last Saturday Sydney Auction Top5 Unit

▼TOP 1. AUD$4,075,000
Address: 26 Flinton St, Paddington NSW 2021
Terrace | 4 Bed | 2 Bath | 2 Parking

▼TOP 2. AUD$3,180,000
Address: 453 Liverpool St, Darlinghurst NSW 2010
Terrace | 4 Bed | 2 Bath | 1 Parking

▼TOP 3. AUD$2,880,000
Address: 24 Neil St, Epping NSW 2121
Semi | 5 Bed | 4 Bath | 2 Parking

▼TOP 4. AUD$2,435,000
Address: 3/2 Denison St, Manly NSW 2095
Unit | 2 Bed | 2 Bath | 1 Parking

▼TOP 5. AUD$2,310,000
Address: 6 Liverpool St, Paddington NSW 2021
Terrace | 3 Bed | 1 Bath | – Parking

(以上数据均来源于domain.com.au realestate.com.au corelogic.com.au 及 realtisan.com.au)

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