Bayleys sold just under half at their latest auctions in Auckland and Matamata

This house on a lifestyle block at Matamata sold for $845,000.

Bayleys Real Estate sold nine of the 22 residential properties the agency auctioned last week, giving a sales clearance rate of 41%.

At the Auckland auctions, seven of the 18 properties marketed for auction were sold and at the Matamata auction two of the five auction properties changed hands.

The Auckland sales included a three bedroom house at Glendowie that went for exactly $1 million, another in Hillsborough that fetched $875,000, a two bedroom townhouse in Mairangi Bay that sold for $890,000 and a three bedroom house in Te Atatu South that went for $635,000.

At the Matamata auction, a three bedroom house that was described as being “in need of repair” was sold at mortgagee auction for $185,000 and a large four bedroom house on a 5000 square metre lifestyle block bordering the local golf course went for $845,000.

The full results from both auctions are available on our Auction Results page.

You can receive all of our property articles automatically by subscribing to our free email Property Newsletter. This will deliver all of our property-related articles, including auction results and interest rate updates, directly to your in-box 3-5 times a week. We don’t share your details with third parties and you can unsubscribe at any time. To subscribe just click on this link, scroll down to “Property email newsletter”and enter your email address.