A packed onsite Auction today saw a 3 bedroom / 1 bathroom house in run down condition sell for 1.010 million.
Interestingly enough, the winner of the Auction made a mistake during the Auction process and was actually willing to pay 1.1 million – until the Auctioneer corrected the mis-bid.
The Auction clerance rate in Sydney today was 80% – a very strong result.
About Oliver Stier
Oliver J. Stier is the Director of OH Property Group, a leading Sydney buyers agency. He studied Quantitative Economics and Finance at Cambridge University (UK), University of Toronto (Canada) and Princeton University (USA). In addition to being a licensed real estate agent, Oliver also holds the Chartered Financial Analyst (CFA) designation.