Properties such as 98 Rosyln Street, Burwood are proving that demand for family homes within the Burwood area is continuing to remain strong. Over 50 people ventured out on Saturday to witness and participate in this hotly contested Auction. Interestingly, 2 of the 3 bidding parties hadn’t even attended an open for inspection at the property until Auction day. And although only briefly viewed, it is further testament to the popularity of the Burwood area and the location of the property that they entered into the bidding.
With a low first bid tendered, bidding commenced at $1.2m and quickly escalated. When Auctioneer Tim Heavyside announced to the crowd that the property was on the market, a 3rd bidding party entered the competition just as the second bidder dropped out. From this point forward the bidding slowed but continued to gain in momentum until the final hammer dropped and the property was sold for a sale price of $1,712,000.
The winning bidding party were a local family who loved the property’s location! Agent Steven Zervas even suggested that it could be “One of the best streets in Burwood”. With proximity to well respected Presbyterian Ladies’ College and other notable primary and secondary schools, shopping precincts and transport hubs, this property was in a great position to solicit the bids.
Central Location in Burwood
For further information on this property, please contact the team at Fletchers Canterbury directly.
Bidtracker quick facts
Opening Bid $1,200,000
Total Number of Bids 90
Auction Duration 24 minutes
Total Crowd 50-60
No of Bidders 3
Winning Bid amount $1000
Average Bid $ $5688
Sale Price $1,712,000
Auctioneer Tim Heavyside
Contact Details
Fletchers Canterbury
244 Canterbury Road,
Canterbury VIC 3126
03 9836 2222
canterbury@fletchers.net.au
Steven Zervas
Senior Property Consultant & Auctioneer
steven.zervas@fletchers.net.au
0423 767 621
