Ray White Lidcombe has successfully sold 58 Manchester Rd Auburn at auction over the weekend. The property sold for $647,500 which was close to $200,000 over the reserve price.
Smashing the expectations of the agents in Ray White Lidcombe, the auction had a starting bid of $450,000, but leapt straight to $600,000 moments after the auction commenced. From there several bidders showed keen interest and contested with each other until the final figure of $647,500 was achieved.
No. 58 Manchester Rd Auburn sits on a land size totalling 502sqm with a 13.7m frontage.
This final figure shows that Auburn and surronding suburbs have experienced high levels of growth. There is a high demand for properties in Lidcombe and surronding suburbs hence a higher chance for your property to be sold for the highest possible price.
For your free market appraisal contact Steven Duong on 0411 305 846.