Low numbers of properties on offer at the latest Bayleys auctions in Auckland and Waikato but almost 60% were sold

The interior of the two bedroom apartment in Otahuhu that sold for 454,000.

Bayleys Real Estate had an overall sales clearance rate of 59% at their latest  Auckland and Waikato auctions, although the number of properties on offer was low.

At the Auckland auctions just 15 properties were offered with sales achieved on nine and six being passed in for sale by negotiation.

Highlights included a modern five bedroom house in Herne Bay that sold for $3.8 million and a renovated, two bedroom freehold apartment in Otahuhu that fetched $454,000.

At the Hamilton auction seven properties were offered, a mix of rural blocks and urban houses, with sales achieved on four and three passed in for sale by negotiation.

The sales included a 14.85 hectare lifestyle block with a three bedroom house on it at Miranda that went for $461,000.

You can see the prices of the urban properties that sold on our Residential Auction Results page, or check out the rural properties on our new Rural/Lifestyle Property Sales 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.