{"id":38897,"date":"2022-06-02T08:22:13","date_gmt":"2022-06-01T20:22:13","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=38897"},"modified":"2022-06-02T08:22:13","modified_gmt":"2022-06-01T20:22:13","slug":"millions-over-reserve-family-score-epic-auction-win","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/millions-over-reserve-family-score-epic-auction-win\/","title":{"rendered":"Millions over reserve: family score epic auction win"},"content":{"rendered":"<p><strong>PHOTO: Sellers the Hinds family: (left to right) Jameson, Paul, Kylie, Jasmine and Holly. Picture: Monique Harmer<\/strong><\/p>\n<p>A family selling their prized Coogee home were given a welcome surprise when the property sold for millions over reserve at an auction described as \u201cintense\u201d.<\/p>\n<div id=\"primary-media\">\n<div class=\"media image\">\n<div class=\"responsive-img\" data-desiredimagesize=\"block_huge_image\"><img fetchpriority=\"high\" decoding=\"async\" class=\"responsive-img_img primary-image\" src=\"https:\/\/content.api.news\/v3\/images\/bin\/044e5f826882fdf2e1f53a86c277016b\" sizes=\"(max-width: 600px) 100vw, (max-width: 1000px) 100vw, 1024px\" srcset=\"https:\/\/content.api.news\/v3\/images\/bin\/044e5f826882fdf2e1f53a86c277016b?width=150 150w, https:\/\/content.api.news\/v3\/images\/bin\/044e5f826882fdf2e1f53a86c277016b?width=320 320w, https:\/\/content.api.news\/v3\/images\/bin\/044e5f826882fdf2e1f53a86c277016b?width=650 650w, https:\/\/content.api.news\/v3\/images\/bin\/044e5f826882fdf2e1f53a86c277016b?width=1024 1024w\" alt=\"Auctioneer Jake Moore photographed calling the auction at 16 Wolseley Rd, Coogee. Picture: NewsWire \/ Monique Harmer\" width=\"1024\" height=\"768\" \/><\/div>\n<p><em><strong>Auctioneer Jake Moore photographed calling the auction at 16 Wolseley Rd, Coogee. Picture: NewsWire \/ Monique Harmer<\/strong><\/em><\/div>\n<\/div>\n<div id=\"story-body\" class=\"g_font-long-format\">\n<div class=\"description g_font-long-format\">\n<p>An elegantly designed <a href=\"https:\/\/propertynoise.co.nz\/au\/?s=Coogee&amp;submit=Search\">Coogee<\/a> house with ocean views has sold for $13.1m \u2013 millions over reserve \u2013 at a fast-paced auction described by the auctioneer as \u201cintense\u201d.<\/p>\n<\/div>\n<p>It was the home of jewellery designer Kylie Hinds, founder of Not Heidi, and her family, who had built the house on Wolseley Rd in the late 2000s.<\/p>\n<p>Selling agent Bethwyn Richards of The Agency would not disclose the reserve price, but confirmed it was under $11m.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/interested-in-becoming-a-supporter\/\"><img decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/Featured-Image-460x270.jpg\" alt=\"support\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/Featured-Image-460x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/interested-in-becoming-a-supporter\/\" rel=\"bookmark\">Support independent Australian news aggregation<\/a><\/h2>\n<\/header>\n<\/div>\n<p>The $13.1m price was a new record for a home sale in Coogee. It was a higher price than expected, but Ms Richards said she had been prepared for strong bidder competition.<\/p>\n<p>\u201cWe had seven registered bidders. They all thought the property was magnificent,\u201d she said.<\/p>\n<p>Auctioneer Jake Moore of Cooley Auctions said none of the bidders wanted to let the property go as they saw it as one of a kind.<\/p>\n<p>\u201cPeople had clearly fallen in love with it,\u201d he said, adding that the designer home metres from the Bondi to Coogee coastal walk was in a category of its own for design and function.<\/p>\n<p>An opening bid of $10.25m came in immediately after Mr Moore launched proceedings. A few bids followed, before the bidding picked up pace at the $10.5m mark.<\/p>\n<div class=\"media image kskd-media\" data-kiosked-context-name=\"kskdUIContext_01g4gegvbb2me6y3gsphjjmmaq\">\n<div class=\"responsive-img\" data-desiredimagesize=\"block_large_image\"><img decoding=\"async\" class=\"responsive-img_img inline-image ls-is-cached lazyloaded\" src=\"https:\/\/content.api.news\/v3\/images\/bin\/b518067995e5c21189ca72a3b27365d6\" sizes=\"(max-width: 600px) 100vw, (max-width: 1000px) 50vw, 650px\" alt=\"The property was described as one of a kind.\" width=\"1024\" height=\"768\" \/><\/div>\n<p><em><strong>The property was described as one of a kind.<\/strong><\/em><\/div>\n<p>Most of the offers were in mixes of $100,000 and $200,000 increments and came in quick succession.<\/p>\n<p>Bidding only slowed down by the $13m mark, by which point Mr Moore, who had to call out every bid, could be seen catching his breath.<\/p>\n<p>Mr Richards said the property would have sold well regardless of whether it was a strong or weak market.<\/p>\n<p>\u201cThere are people who have been trying for years to get houses like this and there is always a lack of this kind of stock, irrespective of changes in the (market) climate or who is in government,\u201d she said.<\/p>\n<div class=\"media image kskd-media\" data-kiosked-context-name=\"kskdUIContext_01g4gegva7egt55p89saycg6p7\">\n<div class=\"responsive-img\" data-desiredimagesize=\"block_large_image\"><img loading=\"lazy\" decoding=\"async\" class=\"responsive-img_img inline-image ls-is-cached lazyloaded\" src=\"https:\/\/content.api.news\/v3\/images\/bin\/202c2177fa3efff56ed214271041b24d\" sizes=\"(max-width: 600px) 100vw, (max-width: 1000px) 50vw, 650px\" alt=\"Sydney, Australia, NewsWire Saturday, 28 May 2022 People pictured at the auction of 16 Wolseley Rd, Coogee. Picture: NewsWire \/ Monique Harmer\" width=\"1024\" height=\"768\" \/><\/div>\n<p><em><strong>Sydney, Australia, NewsWire Saturday, 28 May 2022 People pictured at the auction of 16 Wolseley Rd, Coogee. Picture: NewsWire \/ Monique Harmer<\/strong><\/em><\/div>\n<\/div>\n<p>READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/sydney-nsw\/sydney-auctions-coogee-stunner-sells-for-millions-over-reserve-after-intense-bidding\/news-story\/3a8b233d15eabe36316fd1ba4fdd220f\">NEWS.COM.AU<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Sellers the Hinds family: (left to right) Jameson, Paul,<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/millions-over-reserve-family-score-epic-auction-win\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":38898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098668,478117199,478103077,478111154,478121561,478113752,478121560,478110046,478106069,478121559,478111152,478121556,478121557,478121558,478110635,478099072],"class_list":["entry","author-data123nz","post-38897","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auction","tag-bethwyn-richards","tag-coogee","tag-coogee-auction","tag-coogee-coastal-walk","tag-coogee-home","tag-coogee-house","tag-coogee-real-estate","tag-cooley-auctions","tag-hinds-family","tag-jake-moore","tag-jewellery-designer","tag-kylie-hinds","tag-not-heidi","tag-sydney-auction","tag-the-agency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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