Bayleys had a 45% sales success rate at their latest auctions – prices in Auckland started at $140,000 for a three bedroom flat in Grafton

This three bedroom terrace house in Hamilton East sold for $465,000.

Bayleys’ auction rooms remained on the quiet side for the last week of winter with just a dozen Auckland properties going under the hammer and another eight offered up further down the line.

Of the 12 Auckland homes marketed for auction, just four were sold with seven being passed in and one having its auction date postponed.

However conditional contracts were put in place on two of the properties that were passed in, shortly after they were auctioned.

The lowest price achieved was $140,000 for a three bedroom unit in a student accommodation complex in Grafton and the most expensive was a house at Rothesay Bay on the North Shore that fetched $1.49 million.

At Bayleys’ Hamilton auction rooms three of the four properties offered were sold, including a modern, three bedroom, terrace house in Hamilton East that went for $465,000.

And sales were also achieved on two of the four properties auctioned in Hawke’s Bay.

The full results, with details and photos of all of the properties that were auctioned and the prices achieved on the ones that were sold, are available on our Residential Auction Results page.

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