Sydney real estate auctioneer Clarence White of Menck White Auctioneers called an epic 35 minute marathon for Georgi Bates and the team at Cunninghams Real Estate on Sydney's northern beaches. The auction of 1 Steinton St, Manly started off with 4 registrations all standing reluctant to make a start. It took 4 minutes to obtain and opening bid. The bidding the progressed in fits and starts, pausing several times for on-floor negotiations with buyers. During the auction a whopping 3 new parties registered mid-auction, one of those parties bought the property, sold under the hammer.
The Sydney housing market is experiencing fluctuating levels of confidence on the auction floor but clearance rates and buyer numbers across the board are strong.