Marrickville super auction sends strong property market message

Media release - Marrickville, NSW (8 May, 2017)

Marrickville super auction sends strong property market message

  • 24 Inner West properties will be auctioned on Wednesday 24 May by Raine & Horne Marrickville
  • The Super Auction is set to attract owner occupiers and investors with 700 groups attending the first round of open homes
  • Four of the properties will be auctioned onsite with the balance in rooms at City Fringe Auction Rooms, 9 Missenden Road, Camperdown
  • The Super Auction is a major show of market strength as Raine & Horne Marrickville generally auctions just 10-12 properties a month

Underlining the continuing strength of Sydney’s Inner West property market, Raine & Horne Marrickville is auctioning 21 properties in one night at their Super Auction Event.

“The fact that 24 properties are set to sell under the hammer clearly counters the claims that the steam is going out of the Sydney real estate market,” said Michael Smith, Principal of Raine & Horne Marrickville

“Generally, 10-12 auctions in a single month represent a strong result for our office,” said Mr Smith.

 “The spike in auctions in May demonstrates that many vendors preferred to see off the Easter and Anzac Day public holidays in April and that many continue to retain a strong belief there remains robust demand for quality properties in one of Sydney’s premier real estate markets.”

Raine & Horne Marrickville held the initial open homes for the 24 properties on the first weekend in May, according to Tim Bussink, Marketing Manager at Raine & Horne Marrickville

“We had a combined 700 groups visit the properties, which clearly demonstrates that any claims the real estate market is cooling in the Inner West are exaggerated.

“Moreover, we have already listed an additional 8 properties for auction in June with more listings expected.

“The auction night is an amazing effort by our team and really shows the success of our effort and the strength of the local property market.”

The Raine & Horne Super Auction will be held at City Fringe Auction Rooms, 9 Missenden Road, Camperdown from 5.30 pm.

“Four of the properties will be auctioned onsite, with the remaining 20 properties to go under the hammer in rooms,” said Mr Bussink.

Breakout: Raine & Horne Marrickville Super Auction, 24 May 2017

Property location

Type of property

B803/359 Illawarra Road, Marrickville NSW 2204

Apartment

6/3 Anderton Street, Marrickville NSW 2204

Apartment

6/11 Arthur Street, Marrickville NSW 2204

Apartment

9/88 Petersham Road, Marrickville NSW 2204

Apartment

3/43 Ewart Street, Marrickville NSW 2204

Apartment

60 Silver Street, Marrickville NSW 2204

House

9 Malakoff Street, Marrickville NSW 2204

House

39 Charles Street, Marrickville NSW 2204

House

24 South Street, Leichhardt NSW 2040

House

90/18 Cecilia Street, Marrickville NSW 2204

Apartment

10 Frazer Street, Dulwich Hill NSW 2203

House

808/2b Charles Street, Canterbury NSW 2193

Apartment

6a Holmesdale Street, Marrickville NSW 2204

House

10/630 New Canterbury Road, Hurlstone Park NSW 2193

Apartment

7 Hordern Street, Newtown NSW 2042

House

9 Edward Street, Marrickville NSW 2204

House

8/6 Esk Street, Marrickville NSW 2204

Apartment

32 Wellesley Street, Summer Hill NSW 2130

House

18 Renwick Street, Leichhardt NSW 2040

House

118 Livingstone Road, Marrickville NSW 2204

House

28/451-457 New Canterbury Road, Dulwich Hill NSW 2203

Penthouse Apartment

9/27-33 Homer Street, Earlwood NSW 2206

Apartment

10 Herbert Street, Summer Hill NSW 2193

House

63 Sloane Street, Haberfield NSW 2045 (Raine&Horne Summer Hill)

House

 

For more information about the Raine & Horne Marrickville Super Auction, contact Tim Bussink of Raine & Horne Marrickville on (02) 9560 7599.

-Ends-

For further media information contact:

Tim Bussink, Marketing Manager, Raine & Horne Marrickville on 0431 469 262  

 

 

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