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Newcastle Herald
Newcastle Herald
National
Renee Valentine

'Spirited' bidding brings record sale at auction

TOP PRICE: The $1.26 million auction sale of this Carrington terrace was the highest on record for Gipps Street.

A street record result of $1.26 million was set when a beautiful 1880s terrace with three bedrooms and off-street parking at 53 Gipps Street in Carrington sold under the hammer last Saturday.

It was marketed by Ray White Newcastle and Lake Macquarie's Brett Bailey with a guide of $1.1 million to $1.2 million.

There were several registered bidders and "spirited bidding" before the property was secured by a young Sydney couple.

A two-bedroom home at 517 Glebe Road, Adamstown that was marketed by Mr Bailey with a guide of $730,000 to $800,000 was sold at auction for $790,000.

SOLD: This two-bedroom home at 517 Glebe Road in Adamstown was secured for $790,000.

There were six registered bidders for a four-bedroom house in a prized pocket of Newcastle real estate. First National Newcastle City's George Rafty marketed 8 Ridge Lane in New Lambton with a guide of $1.4 million to $1.5 million and it sold under the hammer for $2.002 million.

According to Australian Property Monitors data, it was the second-highest sale for exclusive Ridge Lane. The highest was when a suburb record $3.86 million was paid for 5 Ridge Lane last year.

EXCLUSIVE POSITION: This residence in a prized pocket of New Lambton sold at auction for well over its guide.

A three-bedroom brick home at 22 Smith Street in Hamilton South marketed by Robinson Property's Tony Reville with a guide of $1.3 million attracted 11 registered bidders and sold under the hammer for $1.555 million after "spirited, competitive bidding".

MIXED INTEREST: This Hamilton South property attracted 11 registered bidders to its auction last weekend.

Movable's Patrick Collins reported 14 registered bidders, including three online, for a three-bedroom home at 9 George Street in Tighes Hill that was marketed with a guide of $565,000 and sold for $655,000.

Movable also sold 78 Gregson Avenue in Mayfield West at auction for $706,000.

POPULAR: There were 14 registered bidders for this Tighes Hill home which sold at auction for $655,000.

A three-bedroom home on a 746 square metre block at 127 Bayview Street, Warners Bay that was marketed by Belle Property Lake Macquarie with a guide of $650,000 sold at auction for an undisclosed price rumoured to have been $720,000.

This three-bedroom home on a 746 square metre block at 127 Bayview Street, Warners Bay was bought at auction.

A three-bedroom house at 10 Elizabeth Street that was marketed by Spillane Property with a guide of $600,000 to $660,000 sold at auction on March 5 for $805,000.

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