{"id":20749,"date":"2019-08-24T16:01:53","date_gmt":"2019-08-24T04:01:53","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=20749"},"modified":"2019-08-24T16:01:53","modified_gmt":"2019-08-24T04:01:53","slug":"auctions-deliver-sellers-big-results-as-buyers-vie-for-shrinking-supply-of-homes","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/auctions-deliver-sellers-big-results-as-buyers-vie-for-shrinking-supply-of-homes\/","title":{"rendered":"Auctions deliver sellers big results as buyers vie for shrinking supply of homes"},"content":{"rendered":"

 <\/p>\n

PHOTO:\u00a0Rebecca and Bernie Ferguson, with daughter Ashlyn, 5, and son Mitchell, 2, are taking their Lane Cove home to auction. Picture: Jonathan Ng\u00a0Source: News Corp Australia<\/em><\/span><\/strong><\/p>\n

Homeowners who put their properties up for auction have been laughing all the way to the bank as the Sydney housing market continues to heat up.<\/p>\n

\n

Auctions concluded this year netted vendors an average of about $70,000 above their price guides, with the median value of properties sold under the hammer at just under $1.25 million.<\/p>\n

This was nearly $400,000 higher than the median price of private treaty sales, realestate.com.au research showed.<\/p>\n

MORE:\u00a0Buyer spends $13m after one look<\/a><\/b><\/p>\n

Where your first home should be<\/a><\/b><\/p>\n

Many of the strongest sales occurred over the months following the federal election, with August auctions delivering particularly solid results for vendors.<\/p>\n

Close to four in five homes going to auction over the last two weeks sold under the hammer \u2014 the highest clearance rate in close to two years.<\/p>\n

READ MOE VIA NEWS.COM.AU<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

  PHOTO:\u00a0Rebecca and Bernie Ferguson, with daughter Ashlyn, 5, andRead More →<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":20750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098730,478098512,478098521,478101317,478098566,478098519,478098535,478098537,478098513,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098509,478106787,478102923],"class_list":["entry","author-data123nz","post-20749","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auctions","tag-australia","tag-australians","tag-federal-election","tag-first-home-buyers","tag-home-ownership","tag-house-prices","tag-melbourne","tag-property","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-rebecca-and-bernie-ferguson","tag-sydney-housing-market"],"yoast_head":"\nAuctions deliver sellers big results as buyers vie for shrinking supply of homes - 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