TV-style auction event breaks suburban record

57 Panorama Dr was the largest of the three houses under Hammer.

A thrilling auction event inspired by the TV renovation series The Block set a new suburban record as three luxury homes in the neighborhood were hit hard.

Springfield’s newly constructed properties at 55, 57 and 59 Panorama Drive were all former Clarendon Homes display houses considered superior to anything else on the emerging market. .

As Ray White’s auctioneer Phil Bloom called for bids on each property in turn, bidders and onlookers flocked to the most opulent home.

2 out of 3 properties sold under Hammer. 55 set a new high for the $1.18 million Suburbs.

The previous record price was set in May of this year, when Brighton Homes’ former display house on a 591-square-meter lot sold for $1.17 million.

all bells and whistles

Shannen O’Connor, marketing agent for Ray White Springfield, said the auction attracted nearly 200 people, with a total of 25 registered bidders for the three properties.

“The house was full,” said Mr. O’Connor.

“Some people signed up to bid on all three homes, some were interested in two of them, and some bid on one.

“We set out to break the record here today and we achieved it,” she said.

Record-breaking Home No. 55, with a gray and white exterior and spacious Hamptons-style interior, received nine bids from four active bidders before Mr. Bloom announced the sale of the property. were flooded.

“The buyers were a local family who had purchased a plot of land in the suburbs of Ripley. It’s very attractive because it’s ready to go,” O’Connor said.

Standout features included a stone island breakfast bar, butler’s pantry, and a modern kitchen with European appliances.

The Hamptons-inspired kitchen was the standout feature at number 55

Large glass doors open onto a gorgeous covered delightful deck with a built-in BBQ kitchen set on landscaped grounds. Designer finishes include trending patterned tiles and wallpaper in bathrooms and bedrooms.

But it may not be long before suburban records fall again. 57 on the 576-square-meter block attracted the highest number of eight active bidders, even though he passed with a $1.4 million vendor bid after six plays. It was marketed as “one of the most spectacular residences in the suburbs” and featured a modern façade and contemporary finishes throughout.

O’Connor said negotiations are continuing with interested buyers who were unable to bid under the terms of the auction.

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No. 59, the smallest of the three properties, also sold for $850,000. Built on a 400-square-meter block, it features a neat Hamptons-style façade, four bedrooms and a separate media room. 3 bidders were active.

About 90 groups toured three homes in the popular family-friendly Karina Mansion during the four-week campaign.

“They are three very unique properties, and nothing like the standard homes you would expect to see in Springfield. There is no better way to get noticed than with a block-style auction.”

The smallest exhibition house that was also put up for auction

“We expected a lot of people to come and put on their hats and try their luck at The Block. If you miss one, you can bid on the next one,” said O’Connor. said.

The afternoon saw scenes reminiscent of the season finale of Channel 9’s popular reality series. There, participants watched completed homes being sold in a collective nail-biting.

Located in the City of Ipswich, Greater Springfield is one of the largest master-planned urban communities in the country. The current population of about 50,000 is expected to reach 100,000 by 2030.

TV-style auction event breaks suburban record

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