A perfect strike rate in selling three homes in Albury under the hammer has paid dividends for an agency hoping to make weekday auctions for residential property a success.
Ray White Albury North had a successful start on Friday auctions last month when it sold a block of units in Lavington for $898,500 before selling three homes on Friday including one in Nathan Avenue which sold to a Bowral investor for $737,500.
The others to sell were a three bedroom home in O'Keefe Street, Thurgoona for $527,000 to a family who had recently moved from Queensland and another three bedroom home in Dalbirra Place, Springdale Heights sold to a central coast investor for $485,000.
Managing director Andrea Lever said there were another five auctions booked in next Friday and another three seven days later.
"If the buyers are keen they will be available any time," she said.
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"As an agent, tomorrow I've still got eight open homes to do, so I'm not tied up doing auctions when I've got other properties to open.
"The thing I like also about a weekday auction as well is we've contracts unconditionally exchanged, solicitors are open, banks are open, people can pay their deposits.
"No one else in town does them during the week except commercial.
"Also, a lot of the buyers aren't local as we saw today and being online they are just as involved if they were living around the corner."
The three buyers in contention for the Nathan Avenue home were out of town with the auction starting slowly with a vendor bid of $735,000 eventually kicking the sale off.
There were 12 registered bidders for the O'Keefe Street home in the Somerset Rise estate which sold for $50,000 above the reserve.
The spring selling season is back in full swing with one of the most interesting auctions being the Flood Nagle home in central Albury.
Located in Olive Street, the three bedroom built in the 1800s will go under the hammer online by agents Stean Nicholls.
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