Auctions are a ‘blood sport’ in Melbourne. But in Perth,they’re barely a sideshow. Why?

Auctions are a ‘blood sport’ in Melbourne. But in Perth,they’re barely a sideshow. Why?

Thousands of properties go under the hammer each week in Melbourne and Sydney,while in Perth the number of auctions barely reach double figures. What’s holding us back?

  • byMark Naglazas

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Waterfront Abbotsford property sells for $8.29 million,$1.29 million more than the guide

Waterfront Abbotsford property sells for $8.29 million,$1.29 million more than the guide

The final sale price of the house was also $290,000 more than its reserve price. The sale was one of 1136 scheduled auctions;the clearance rate was 70.2 per cent.

  • byCarmen Forward
Heartbroken vendor who slashed price guide by $300,000 gets a happy ending

Heartbroken vendor who slashed price guide by $300,000 gets a happy ending

A renovated Artarmon home attracted scant buyer interest at first,but a cut to the price guide prompted a surprisingly good result.

  • bySarah Webb
Savvy bank of mum and dad buy as family joins forces for $3.48m home

Savvy bank of mum and dad buy as family joins forces for $3.48m home

The buyer and their parents are both selling their homes to live in this one together,rather than move further out of Sydney separately.

  • byCarmen Forward
First-home buyers nab Petersham townhouse for $1,765,000

First-home buyers nab Petersham townhouse for $1,765,000

Buyers priced out of the housing market are competing fiercely for next-best options,agents say,on another red-hot Sydney Saturday.

  • byTawar Razaghi
Sydney’s most in-demand suburbs for home buyers now

Sydney’s most in-demand suburbs for home buyers now

Sydney home values are picking up,but the hottest competition isn’t where you’d expect.

  • byTawar Razaghi
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Strathfield knockdown sold for $7.55 million at auction

Strathfield knockdown sold for $7.55 million at auction

A two-person bidding war broke out for the dilapidated five-bedroom house,pushing the price more than $2 million above the reserve.

  • byCarmen Forward
From $60,000 to $9.75m:Clontarf house sells for first time in decades

From $60,000 to $9.75m:Clontarf house sells for first time in decades

Two cashed-up empty-nesters went head to head for the five-bedroom beachfront home,which was on the market for the first time in more than four decades.

  • byTawar Razaghi
Darling Point unit with harbour views sells for $3.36 million

Darling Point unit with harbour views sells for $3.36 million

The home was arguably the best in the building because of its top-floor position,north-facing aspect and parking spot.

  • byTawar Razaghi
Eastern suburbs family spends $11.6m on liveable house to knock down

Eastern suburbs family spends $11.6m on liveable house to knock down

Five parties competed at the Bellevue Hill auction,hoping to rebuild a dream home with harbour views on a street where some neighbours sold for $30 million.

  • byCarmen Forward
Buyer splashes nearly $5m on designer home he’d only seen on FaceTime

Buyer splashes nearly $5m on designer home he’d only seen on FaceTime

Four parties registered to bid but the winner had only done a video inspection moments before the auction began.

  • byCarmen Forward andLucy Macken