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Newcastle Herald
Newcastle Herald
National
Renee Valentine

Multiple street records set as auctions run hot

STRONG RESULT: This custom-designed New Lambton residence sold at auction last weekend for $1.795 million.

A street record $1.795 million result was set with the strong auction sale of a custom-designed residence at 5 Mirral Crescent in New Lambton last Saturday. The four-bedroom home was marketed by Todd Mason, of McGrath New Lambton, with a guide of $1.45 million to $1.55 million. There were three registered bidders at auction last Saturday with 46 bids placed before the property was secured by New Lambton residents.

Another street record came when a renovated four-bedroom home at 4 Jefferson Street, Adamstown marketed by Mathew Iuliano with a guide of $1.1 million to $1.2 million sold for $1.43 million with reportedly over 20 registered bidders.

Robinson Property's Mike Flook sold a three-bedroom home at 52 Morgan Street, Merewether that had a guide of $1.4 million for $1.475 million. On Saturday, he has a three-bedroom house at 58 Merewether Street in Merewether going under the hammer at 4.30pm with a guide of $1.5 million.

LONG HELD: This Merewether home has been in the same family since 1959 and goes under the hammer on Saturday with a guide of $1.5 million.

Movable have two auctions on Saturday. Competitive bidding is expected for 28 Grove Street, Waratah (10am). It has a guide of $600,000. At 11am, 9 March Street, Kotara goes to auction with a guide of $695,000.

POPULAR: Competitive bidding is expected at the auction of this Waratah home on Saturday. It has a guide of $600,000.
HAMMER TIME: This Kotara home has an auction guide of $695,000.

Belle Property have nine auctions this weekend. Over 120 groups have inspected 16 Finlay Close, Whitebridge which goes to auction at 12.30pm on Saturday with a guide of $1.35 million guide.

QUIET: This Whitebridge home in a sought-after cul-de-sac has attracted over 120 groups though it ahead of today's auction.

On Saturday, Belle also have 40A Rowan Crescent, Merewether (10.30am) with a guide of $1.8 million, 5 Smith St, Hamilton South (11.30am) with a guide $1.6 million and 31 Tiral Street, Charlestown (2pm) with a guide of $650,000. On Sunday, they have 1B Ganney Road, Wallsend (10am) with a guide of $450,000, 8 Staveley Court, Lakelands (11.30am) with a guide of $850,000, 2/66 Dilkera Avenue, Valentine (1pm) with a guide of $925,000 and 115 Gipps Street, Carrington (2.15pm).

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