Sydney auctions

PHOTO: Buyer Sarah Humphreys celebrates after winning the auction. Source: News Limited

Registrations are up at Sydney auctions only months after many sales were attracting only a single bidder, with a large turnout at one inner west auction forcing the buyer to spend big.

A former Melbourne resident had to dig deep into her pockets to beat out other contenders for a Leichhardt townhouse at a pressure cooker auction.

Sarah Humphreys was one of eight bidders to register for the two-bedroom home on William St and purchased the property Saturday for just over $1.088 million — nearly $40,000 above the reserve.

It was the culmination of a long journey for the Rozelle-based buyer who had been seeking out a new home for the past six months and lost out at a Marrickville auction weeks prior.

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