More than 100 auctions were cancelled ahead of Saturday, and experts say Sydney’s auction market is weakening despite some stand-out results.
A freshly completed, two-storey house in Gordon sold at auction on Saturday for $10.88 million, $1.88 million more than its $9 million reserve.15a Lennox StreetFive bid on the house, which has high, raked ceilings, marble throughout, a sauna under a cabana by the pool, a Tesla charger and a giant chess set in the backyard.
Bidding opened at $2.8 million and rose to $3.1 million as bidders placed large bids. A final $20,000 bid secured the keys for a single man attending the auction with his mother. Layoun says she thought people were drawn to the property for the ease of access to the M4 and the Great Western Highway.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Long COVID cost Australian economy $10 billion in a single yearThe staggering figures shows the conditions should be a health priority, authors of a new study say.
Read more »
The family secret behind Byron Bay artist Lindy Lee’s $10 million gold sculpture, AbundanceAbundance, by artist Lindy Lee, will be unveiled along with an enormous companion piece in recycled metal at the National Gallery of Australia in October.
Read more »
Rolex, Cartier jewellery, Tesla among goods seized after alleged $10 million fraudPolice seized an estimated $200,000 of wine, a Tesla, multiple Rolex watches and large amounts of luxury jewellery.
Read more »
NSW police bust alleged $10 million fraudulent car financing scheme7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
Melbourne man jailed for keeping $10 million crypto ‘refund’ made in error7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
CBA yearly profit set to fall below $10 billionInvestors are highly anticipating the release on Wednesday of CBA’s full-year results, which are widely seen as a bellwether for the health of the broader economy.
Read more »