Page 4 - Cooley Auctions News Today

It was the first time the property, a deceased estate, had hit the market in more than five decades, and it drew half a dozen bidders. A seller in the next suburb wasn’t so lucky and a pair of waterfront units passed in.

It was the first time the property, a deceased estate, had hit the market in more than five decades, and it drew half a dozen bidders. A seller in the next suburb wasn’t so lucky and a pair of waterfront units passed in.

It was the first time the property, a deceased estate, had hit the market in more than five decades, and it drew half a dozen bidders. A seller in the next suburb wasn’t so lucky and a pair of waterfront units passed in.

The buyer hopes to flip the Sydney home, described by the agent as having ‘good bones’ but in need of ‘so much work’.

The winner outbid several upgrading young families and hopes to flip the home, described by the agent as having ‘good bones’ but in need of ‘so much work’.

Last year’s explosive house price growth was fuelled by an acute fear of missing out in the face of very few homes to choose from, but things look set to change.

New figures show bidder numbers at auctions have dropped to their lowest level in a year in both Sydney and Melbourne.

New figures show bidder numbers at auctions have dropped to their lowest level in a year in both Sydney and Melbourne.

New figures show bidder numbers at auctions have dropped to their lowest level in a year in both Sydney and Melbourne.

Across Sydney, Melbourne and Adelaide auctioneers are taking the busiest day of the year in their stride.