Auctions ramping up across SA before a lull

1 week ago 9
Jessica Brown

The Advertiser

South Australia is gearing up for two big weeks of auctions, with more than 250 properties scheduled to go under the hammer before a lull.

PropTrack figures show 123 properties will be auctioned this week followed by another 134 in the first week of July.

The following week auctions are expected to drop off, with just 30 scheduled so far.

Of the 123 going under the hammer this week, 116 are in Adelaide and 7 are in regional areas.

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220 Fletcher Rd, Largs Bay.


220 Fletcher Rd, Largs Bay.


220 Fletcher Rd, Largs Bay.


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Parafield Gardens was the top auction suburb, with four scheduled for the area, followed by Glenunga, Northfield, Prospect and Valley View, according to the data.

A Largs Bay house was the most viewed property on realestate.com.au going under the hammer across the state this weekend.

Selling agent Kate Smith, of Kate Smith Property, said the 2016-built five-bedroom home on a 710sqm block at 220 Fletcher Rd was proving popular among househunters.

“It’s the impressive land size, and the fact that you’ve got a modern build and they’ve retained a full, generous allotment that’s added to the appeal,” she said.

“These days it’s very unusual to have a modern build on a generous allotment.”

She said househunters also appreciated modern builds more now because since Covid-19 hit, build costs have skyrocketed.

The property will go under the hammer at 1.30pm on Saturday.

Meanwhile, the North Haven home at 46 Tucker Cres was the second most viewed property going under the hammer across the state this weekend, followed by the Fulham Gardens house at 1A Dorset Ave.

220 Fletcher Rd, Largs Bay.


220 Fletcher Rd, Largs Bay.


Ms Smith was also selling the four-bedroom Fulham Gardens home, which was set to be auctioned at 1pm on Sunday.

She said its $949,000 price guide was attractive to prospective buyers given its location.

“This one probably does need a bit of love but it’s still a good opportunity to get into a pretty sought-after area,” she said.

While many agents opted not to auction properties in winter, Ms Smith said the weather gave sellers an advantage in some cases.

“We know that in winter, if you’ve got buyers out there, especially on a challenging weather day, that they are genuine,” she said.

“From a results aspect as well, some of our best results are achieved when there’s less competition for the vendors.”

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