Lawrence Street, Wodonga home sells for big price after hitting a COVID-19 curve ball

The five bedroom house in Lawrence Street was due to be sold under the hammer on Saturday by Wodonga Real Estate.

It had an indicative price guide of $776,000 heading into the planned auction with interested parties instead asked to submit their best offers before a set deadline on Friday.

Agent Clinton Harvey said a local buyer had requested the final figure paid be kept under wraps.

"But it is an absolutely amazing result," he said.

"When the lockdown hit the vendors had the choice of postponing for two to three weeks or even longer.

"They could have also chosen to have a virtual auction, but instead chose to ask people to make an offer.

"There were multiple offers for the property and again I was surprised by that, but it's just been another way of selling real estate in this COVID world we find ourselves in."

It's believed to be the highest prices paid for a residential property in central Wodonga this year.

Earlier this month a five-bedroom home in Brockley Street was also due to be auctioned, but sold beforehand for $820,000.

Another home on the corner of Stanley and Murphy streets sold recently in the mid-$800,000s with another in Lawrence Street also selling for just above the $800,000 mark.

The 1616 square metre property is situated in easy walking distance to High Street with the large brick home built in the 1960s.

Meanwhile, multiple auctions are being conducted online in Albury on Saturday due to the extended NSW regional lockdown.

They include a 1920s central Albury red brick home being auctioned by agents, McGrath Albury-Wodonga.

"Online opens it up to everyone really," agent Gabrielle Douglas said.

"Particularly with these Melbourne and Sydney buyers who can't be here it gives everyone an opportunity.

"Online is a great platform because it is safe and accessible.

"But we all got locked down as we started the marketing campaign (on Stanley Street) so inspections have been done one-on-one.

"In Albury at least we can still show property, but in Victoria you can't."

The Stanley Street property has been owned by the same person for 50 years.

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