The family paid $1.1 million more than the price guide, but only $200,000 more than the vendor’s reserve for the five-bedroom house.
890A five-bedroom heritage home in Chatswood sold for $7.1 million on Saturday, to a local family who were upsizing from a unit.was guided at $6 million, and eight parties registered to bid, though only three took part in the auction.
Bidding opened at its $3.2 million guide, which was also the reserve. Four families contested the auction, and used large increments until the price reached $3.5 million. Not long afterwards, a Dundas family bought the home for $3.59 million. “It’s two-bed, one bath on about 70 square metres in original condition, but it’s a really good, wide, tree-lined street, and I think that was the appeal for most people,” Ray White’s Ercan Ersan said.
The Darlington semi attracted two bidders. Bidding opened at the guided price of $1.3 million, with subsequent bids ranging from $25,000 to $5000. The home sold for $1.4 million, its reserve price.
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