Drummoyne downsizers bought an original-condition waterfront home for $4.67 million at auction on Saturday, outbidding 13 other interested buyers for the block they plan to rebuild on.
The four-bedroom house at 32 The Esplanade was on the market for the first time in 50 years, having last traded for $28,000 as an empty block in 1972.
The property was one of 674 homes scheduled to go to under the hammer in Sydney on Saturday. By evening, Domain Group recorded a preliminary clearance rate of $60.1 per cent from 454 reported results, while 128 auctions were withdrawn. Withdrawn auctions are counted as unsold properties when calculating the clearance rate.
Last week’s Sydney auction clearance rate was 61%. There were 696 properties scheduled for sale, 283 properties were sold, and 129 properties were withdrawn.
Last Saturday Sydney Auction Top5 House
▼TOP 1. AUD$5,860,000
Address: 47 St Thomas St, Bronte NSW 2024
Land Size: 520 sqm
House Size: 236 sqm
House | 5 Bed | 3 Bath | 2 Parking
▼TOP 2. AUD$5,000,000
Address: 2 Brisbane Av, Rodd Point NSW 2046
Land Size: 379 sqm
House | 4 Bed | 4 Bath | 2 Parking
▼TOP 3. AUD$4,725,000
Address: 104 Barker Rd, Strathfield NSW 2135
Land Size: 1372 sqm
House | 4 Bed | 2 Bath | – Parking
▼TOP 4. AUD$4,670,000
Address: 32 The Esplanade, Drummoyne NSW 2047
Land Size: 461 sqm
House | 4 Bed | 2 Bath | 2 Parking
▼TOP 5. AUD$4,220,000
Address: 17 Turner Av, Concord NSW 2137
Land Size: 759 sqm
House Size: 107sqm
House | 5 Bed | 2 Bath | 2 Parking
Last Saturday Sydney Auction Top5 Unit
▼TOP 1. AUD$4,220,000
Address: 142 Jersey Rd, Paddington NSW 2021
Terrace | 4 Bed | 2 Bath | – Parking
▼TOP 2. AUD$3,300,000
Address: 38/56 Pirrama Rd, Pyrmont NSW 2009
Unit | 2 Bed | 2 Bath | 1 Parking
▼TOP 3. AUD$2,641,000
Address: 15 Grattan Cl, Forest Lodge NSW 2037
Terrace | 3 Bed | – Bath | – Parking
▼TOP 4. AUD$2,500,000
Address: 7 Lancaster Av, Melrose Park NSW 2114
Semi | 5 Bed | – Bath | – Parking
▼TOP 5. AUD$2,270,000
Address: 103/15-19 Bruce St, Brighton-Le-Sands NSW 221
Unit | 2 Bed | – Bath | – Parking
