Auction Action: Maryville still going hot, last big weekend of year looming

HISTORIC: This Hamilton terrace was built circa 1890 and is being taken to auction today with a price guide of $1.2 million to $1.32 million.
HISTORIC: This Hamilton terrace was built circa 1890 and is being taken to auction today with a price guide of $1.2 million to $1.32 million.

Another week and another couple of strong results have been registered in Maryville.

There were eight registered bidders at the auction of an original three-bedroom home on 305 square metres in popular McMichael Street last Saturday.

Robert Crawford Real Estate marketed the property at No.44 with a price guide of $500,000 to $550,000 but after some competitive bidding it was secured for $620,000.

Robert Crawford said the result followed on from a $675,000 sale of 58 McMichael Street prior to auction earlier this month.

“The auctioneer said he had a day where a lot hadn’t sold and there was only 50 per cent clearance rate in Sydney, which is probably a trend that might continue,” Mr Crawford said.

“We’ve only had one property in the past 12 months that hasn’t sold either before or at auction and we like the method.”

It takes the number of sales in McMichael Street to nine this year.

Walkom Real Estate’s Thomas Hook marketed 10 O’Hara Street, Maryville which also sold at auction last weekend. It was secured for $860,000.

A home in Teralba Road, Broadmeadow sold for $730,000 and 29 William Street, Mayfield on over 800 square metres sold for $735,000.

PRDnationwide Newcastle and Lake Macquarie finished the year with a successful auction night at Watt Street Commercial Centre on Wednesday.

The two-storey home of former Screaming Jets band member Craig Rosevear in Railway Street, Merewether sold for $1.21 million.

A circa 1910 residence in First Street, Booragul on 1300 square metres sold under the hammer for $802,000.

Coming up

An historic three-bedroom Hamilton terrace built circa 1890 in a row of eight will be among a range of properties being auctioned on Saturday, December 16 around the region.

It has been marketed by First National Newcastle City and will be auctioned at 12.45pm with a price guide of $1.2 million to $1.32 million. 

A Merewether home at 60 Curry Street that has only been owned by the one family and backs on to Gibbs Brothers Oval has been marketed by Daltons Partners with a price guide of $1.6 million and will be taken to auction at 10.30am.

Century 21 Carkeet Johns Smith will take an original three-bedroom cottage in Railway Street, Dudley to auction at 9am with a guide of $440,000 to $480,000, which should attract a range of buyers.

Walkom Real Estate will auction a two-unit complex at 33 James Street, Hamilton at midday.

It is located on the corner of Lawson and James streets and has an R3 Medium Density Residential zoning.