Bring on November

A MASSIVE October in which Ray White scheduled a record 2,984 auctions across Australia has paved the way for a standout November – historically one of the best performing months in the industry.

Nationally, Ray White ended the month with a 79 per cent clearance rate while 7.4 bidders registered at auction on average and 3.9 actively participated in the bidding. The gap between the highest offer versus the sale price stayed large on average at 12.63 per cent.
Ray White Chief Economist Nerida Conisbee said for now, there was no slow down in competition for property, despite the number of properties for sale beginning to increase.
“Traditionally, spring has been the strongest month to sell property. This however has now changed and we are seeing higher levels of listings at times that have traditionally been relatively slow,” Ms Conisbee said.
“So much so that summer 2020 saw the second highest listings volumes recorded over the past five years. It was only beaten by spring of 2016.
“The changes to selling seasons has of course been driven by lockdowns and the difficulties in selling in these periods.
“Winter this year was gearing up to be a very strong season however lockdowns in Melbourne and Sydney changed this.
“The start of spring has also been slow because of this. Late spring and summer 2022 are looking to be good months for selling property, primarily because of large numbers of people holding off selling since June 2021.”
This Saturday’s auction highlights
The Ray White Group has 416 properties scheduled to go under the hammer across the country this Saturday.
Sydney
7 Siandra Drive, Kareela
On-site at 9:30am
Ray White Sutherland Shire
Agent: Adam Crawley – 0401 333 442
  • The home has been popular throughout the campaign and Mr Crawley has overseen more than 150 inspections.

  • The layout suits downsizers, young families and renovators looking for their next dream opportunity.

10/16 Notts Ave, Bondi Beach (pictured above)
On-site at 11:30am
Ray White Woollahra | Paddington
Agents: Danika Jess –  0403 102 332 and Clay Brodie
Auctioneer: James Kerley, Ray White NSW

  • The property was held as an investment by the seller.

  • Because of the very highly-sought after and tightly held location opposite Icebergs, the apartment has received attention from a range of buyers including single buyers, downsizers coming from larger homes and investors.

  • The view is a major draw card, overlooking Bondi Beach.

Melbourne

10 Wimmera Ave, Reservoir
On-site at 10:00am
Ray White Reservoir
Agent: Matthew Clark – 0422 567 275
Auctioneer: Arthur Mitsinikos, Ray White

  • Buyers have loved the great location of the property, which is in the top end of the suburb.

  • Many are inner city buyers who have been renting, however there have also been a few downsizers interested.

31 Sesame St, Mount Waverley
On-site at 10:00am
Ray White Glen Waverley
Agent: Cristine Jones – 0417 501 000
Auctioneer: Andrew Davies, Ray White
  • The property is in a good pocket of Mount Waverley and within a sought-after school catchment.

  • The size and quality of the block has attracted developers along with some families who see this as an opportunity to get into the suburb and renovate the home.

9 Rosstrevor Cres, Mitcham (pictured above)
On-site/online at 12:30pm
Ray White Blackburn
Agent/auctioneer: Peter Schenck – 0412 210 528
  • A beautiful family home that has been popular with expats, interstate buyers and locals.

  • The property has been held in the same family for 25 years.

Brisbane

35 Pareena Crescent, Mansfield
On-site at 9:30am
Ray White Annerley
Agent: Geoff Sellars – 0423 159 423
  • The 1970s brick home is in good condition and was completely renovated 10 years ago.

  • The popular Mansfield School catchment area has appealed to buyers, particularly families.

46 Stevenson St, Grange (pictured above)
On-site at 10:00am
Ray White Wilston
Agent: Alistair Macmillan – 0410 636 221
Auctioneer: Phil Parker, Ray White

  • Lots of families have been loving the home due to the quiet street and proximity to the local schools and amenities.

  • They love the open living feel of the home with the option to seclude parents in their own retreat upstairs should they choose to make some small changes.

81 Yundah St, Shorncliffe 
On-site at 12:00pm
Ray White Aspley
Agent: Kristel Koidu – 0405 628 886
Auctioneer: Gavin Croft, Ray White QLD chief auctioneer
  • Interested buyers have been exclusively from the local area including from the same street.

  • Yundah Street is the premier street in the suburb. It is tightly held and highly sought after.

Adelaide
18A Patola Place, Magill
On-site at 10:30am
Ray White Adelaide CBD
Agent: Chris Xu – 0433 770 616
Auctioneer: John Morris, Ray White SA chief auctioneer
  • The property has been well maintained since being built in 2012.

  • It represents the perfect family home on a sought-after cul-de-sac with a second living room that would work well as a home office or children’s retreat.

44 Northern Ave, West Beach
On-site at 11:00am
Ray White Henley Beach
Agent: Anthony Fahey – 0428 641 404
  • The property is being offered for the first time in 40 years.
  • It is situated in the prized Henley High School zone with West Beach Primary and the beach within easy walking distance.

11 Rossall Rd, Somerton Park (pictured above)
On-site at 2:00pm
Ray White Henley Beach
Agent: Anthony Fahey – 0428 641 404

  • Custom designed and built in 2016, the home offers resort style living within easy access of the Adelaide CBD.
  • Opportunities to purchase a property in one of Adelaide’s premier seaside suburbs is hard to come by.

Canberra

192 Dexter St, Cook (pictured above)
On-site at 12:00pm
Ray White Canberra
Agent/auctioneer: Peter Walker – 0418 628 043