Auction comes up trumps!

Wednesday, 16 October 2019

If there has been any doubt about whether a property should be auctioned, look no further than 3/22 Powlett Street, East Melbourne. Yes an apartment!

This older style, art deco style apartment which was auctioned by Jellis Craig’s, Nathan Waterson opened at 1.6m and saw four bidders take it to 2.65m. To read more, see…

With a state clearance rate of over 75% there were plenty of other examples where the final result was way above agent and vendor expectations. It shows that auction is doing its job.



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