Sydney’s Inner West auction market bringing the heat

 Sydney’s Inner West auction market bringing the heat

On a weekend when temperatures soared well above 40 degrees across Australia, one real estate office in Sydney also experienced a heatwave of its own.

The Belle Property Strathfield team capped off a successful weekend by selling five out of five homes at auction on Saturday as the mercury hit record highs in Sydney’s Inner West.

A four-bedroom Burwood home sold for $1.71 million and a three-bedroom apartment in North Parramatta was picked up for $921,000.

A spacious five-bedroom property in Cecil Hills was snapped up for $1.125 million whilst 48 Cave Road in Strathfield was sold prior to auction for $1.63 million.

24 Rene Place, Cecil Hills was sold at auction for $1,125,000

Perhaps the pick of the bunch was a marvellous seven-bedroom home at 21 Barker Road that really cranked up the heat.

The spacious luxury home had buyers purring over its unique features, which included a fully kitted out man cave and poolside area.

The ultimate man cave at 21 Barker Road

“The buyers loved the fact that this home had a generous land content and the architectural elements that it has – namely that resort-style backdrop,” said Belle Property’s Norman So.

“It doesn’t actually feel like you’re in Strathfield, with the mature bamboo screening it feels like you’re away on holiday in a resort,” he said.

The resort-style backyard had buyers falling in love with the property

The sellers had been hoping that the home would fetch $5.8 million at auction so they were left elated when the hammer came down at $5.925 million.

“The vendor’s children have got into a school on the North Shore, so it was a ‘must be sold over the weekend’ situation,” said Mr So.

“Their dream price was $5.8 million, but after a flurry of activity from three buyers, the price went right up to $5.925 million and was purchased by a buyer from Panania,” he said.

I did that deal when it was 45 degrees at 3.30 in the arvo!

Norman So – Belle Property

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