There were 120 auctions scheduled for Saturday, because of the AFL Grand Final.\u00a0<\/li>\n<\/ul>\nProperty listings<\/h2>\n
A downsizer, wanting a stylish home for himself and his daughters, made a final $1000 bid to beat one other bidder for a four-level townhouse in Richmond.<\/p>\n
The three-bedroom, three-bathroom townhouse at 5\/10 Lord Street sold for $1,632,000, topping the $1.55 million reserve.<\/p>\n
It also sold above the advertised price range of $1.48 million to $1.55 million.<\/p>\n
Bidding opened at $1.48 million, and the two buyers then traded $10,000 offers, which brought the price above the reserve within 10 bids.<\/p>\n
Woodards auctioneer and listing agent John Costanzo said both buyers had become invested in owning the home.<\/p>\n
\u201cBoth the buyers that were bidding were strong all the way through they\u2019ve been here more than once,\u201d Costanzo said. \u201cOne of them had actually had a building inspection. So, I was pretty sure that they would be bidding.\u201d<\/p>\n
![](\"https:\/\/static.ffx.io\/images\/$zoom_0.473%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/84a4233b8fbe1917d0bb57fd3d566cdcefd33fad\")
<\/p>\n
5\/10 Lord Street had several indoor and outdoor living areas. <\/span>Credit: <\/span>Woodards<\/cite><\/p>\n\u201cThe winners \u2026 they\u2019re coming from a bigger home in either Kew or Hawthorn,\u201d Costanzo said. \u201cHe just wanted something sort of low maintenance, but can still have his daughters living with him. So yeah, it\u2019s perfect for them.\u201d<\/p>\n
The luxury townhouse featured multiple outdoor living areas, city views, a car stacker in the garage and an internal lift.<\/p>\n
It was one of just 120 auctions scheduled on AFL Grand Final day \u2013 one of the quietest auction weekends of the year, though buyers were still out and about.<\/p>\n
In Wheelers Hill, a family home at 5 Draper Square sold for $1,711,000 after five bidders battled it out.<\/p>\n
The four-bedroom house had an advertised price range of $1.55 million to $1.62 million.<\/p>\n
Bidding started at $1.6 million, close to the top of the range, as buyers tried to knock each other out of the competition.<\/p>\n
Ray White Ferntree Gully listing agent Cristine Jones said the big opening bid did just that.<\/p>\n
\u201cThe opening bid kinda put a bit of a damper on things,\u201d Jones said. \u201cI think it knocked a few people out. It kicked on with some competitive bidding in some smaller increments, and that\u2019s even after it was declared on the market.\u201d<\/p>\n
The sale price was $91,000 more than the top of the range. Jones would not disclose the reserve.<\/p>\n
She said the winning bidders were a local family who wanted to be closer to schools and parks, and that selling on the traditionally quiet grand final Saturday hadn\u2019t affected the auction.<\/p>\n
\u201cWe\u2019ve hit spring, there\u2019s lovely weather. People were confident and happy to be out and about,\u201d she said. \u201cSelling auctions on grand final day still works. The people who said they were coming, were all there.\u201d<\/p>\n
Most Viewed in Property<\/h2>\n
Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Save articles for later Add articles to your saved list and come back to them any time. Key points A Richmond townhouse fetched $82,000 more than its owners were asking.\u00a0 A family home in Wheelers Hill attracted five bidders.\u00a0 There were 120 auctions scheduled for Saturday, because of the AFL Grand Final.\u00a0 Property listings A […]<\/p>\n","protected":false},"author":2,"featured_media":67681,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"yoast_head":"\n
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Key points A Richmond townhouse fetched $82,000 more than its owners were asking.\u00a0 A family home in Wheelers Hill attracted five bidders.\u00a0 There were 120 auctions scheduled for Saturday, because of the AFL Grand Final.\u00a0 Property listings A […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rapidcelnews.com\/lifestyle\/richmond-townhouse-sells-for-1-6-million-in-competitive-grand-final-day-auction\/\" \/>\n<meta property=\"og:site_name\" content=\"rapidcelnews.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-30T04:59:49+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/rapidcelnews.com\/wp-content\/uploads\/2023\/09\/Richmond-townhouse-sells-for-1.6-million-in-competitive-grand-final-day-auction.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/rapidcelnews.com\/lifestyle\/richmond-townhouse-sells-for-1-6-million-in-competitive-grand-final-day-auction\/\",\"url\":\"https:\/\/rapidcelnews.com\/lifestyle\/richmond-townhouse-sells-for-1-6-million-in-competitive-grand-final-day-auction\/\",\"name\":\"Richmond townhouse sells for $1.6 million in competitive grand final day auction - rapidcelnews.com\",\"isPartOf\":{\"@id\":\"https:\/\/rapidcelnews.com\/#website\"},\"datePublished\":\"2023-09-30T04:59:49+00:00\",\"dateModified\":\"2023-09-30T04:59:49+00:00\",\"author\":{\"@id\":\"https:\/\/rapidcelnews.com\/#\/schema\/person\/74db1979fe71b5ea01513ec1ce5bc609\"},\"breadcrumb\":{\"@id\":\"https:\/\/rapidcelnews.com\/lifestyle\/richmond-townhouse-sells-for-1-6-million-in-competitive-grand-final-day-auction\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/rapidcelnews.com\/lifestyle\/richmond-townhouse-sells-for-1-6-million-in-competitive-grand-final-day-auction\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/rapidcelnews.com\/lifestyle\/richmond-townhouse-sells-for-1-6-million-in-competitive-grand-final-day-auction\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/rapidcelnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lifestyle\",\"item\":\"https:\/\/rapidcelnews.com\/category\/lifestyle\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Richmond townhouse sells for $1.6 million in competitive grand final day auction\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/rapidcelnews.com\/#website\",\"url\":\"https:\/\/rapidcelnews.com\/\",\"name\":\"rapidcelnews.com\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/rapidcelnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/rapidcelnews.com\/#\/schema\/person\/74db1979fe71b5ea01513ec1ce5bc609\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/rapidcelnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d7cef2e0d8d634cb49d54f7c48b549a1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d7cef2e0d8d634cb49d54f7c48b549a1?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Richmond townhouse sells for $1.6 million in competitive grand final day auction - rapidcelnews.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/rapidcelnews.com\/lifestyle\/richmond-townhouse-sells-for-1-6-million-in-competitive-grand-final-day-auction\/","og_locale":"en_US","og_type":"article","og_title":"Richmond townhouse sells for $1.6 million in competitive grand final day auction - rapidcelnews.com","og_description":"Save articles for later Add articles to your saved list and come back to them any time. 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