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Sold $650,000 above reserve

By Chris Wilkins

A Drummoyne home has defied market trends, skyrocketing $650k above the reserve price.

Sold by Chris Wilkins, Director of Ray White Drummoyne, the four-bedroom home with its own putting green drew five registered bidders and a crowd of well over 100.

When Chris first listed the property for auction, he knew it deserved a worldwide pool of potential buyers. So he took out an advertisement in the New York Times Asia edition, which garnered strong inquiry from Singapore and Hong Kong, over 18,000 online views, and more than 135 groups through for an inspection.

Check out the media coverage:

Property TV – https://propertytv.io/news/v/130

The New Daily – https://thenewdaily.com.au/money/property/2018/11/25/armadale/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%20-%2020181126

The Real Estate Conversation – https://www.therealestateconversation.com.au/news/2018/11/23/drummoyne-home-attracts-global-interest/1542938352

news.com.au – https://www.news.com.au/finance/real-estate/house-of-fun-in-drummoyne-sells-for-58m-650k-above-reserve/news-story/3f31426b8f4be46284cd825320539f82

The Real Estate Conversation – https://www.therealestateconversation.com.au/news/2018/11/26/weve-all-forgotten-what-normal-market-agent-says-cooling-auction-clearance-rates

realestate.com.au – https://www.realestate.com.au/news/house-of-fun-in-drummoyne-sells-for-58m-650k-above-reserve/

domain.com. au – https://www.domain.com.au/news/drummoyne-house-defies-market-trends-rocketing-650000-above-reserve-787087/?mode=amp

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