Auction - The best possible chance, the best possible price, the shortest period of time. It's that simple!
If you’re considering auction as a method of sale for your property or if you’re an estate agent looking to enhance your teams auction experience, by partnering with Avenue Auctions, you can expect non-biased, professional service, with an unparalleled fun and modern flair.
Whether on-site or in-room, we cover property auctions right across the country. We strive to guide our clients through an ever-evolving and sometimes intimidating industry, and let our record of success instill confidence in delivering, and exceeding, results for their properties.
If you're looking for an auctioneer in Sydney, book your next auction with Avenue Auctions.
The energy and enthusiasm Andrew injects into each and every auction is contagious. He is a real asset to our team and we know that we can rely on him to achieve outstanding results regardless of market conditions.
We would like to thank Andrew for the passion and energy he brings to our auctions. Andrew has assisted LJ Hooker Padstow in growing our auction profile.
Andrew is by far the best auctioneer in the country. It amazes me how he has such a unique ability to make a buyer pay more. He gets us the best result every time.
The Sydney property market experienced a more subdued month of auctions in August, with team Avenue recording a total auction volume of 39 properties and a modest clearance rate of 41%. Buyer hesitancy was evident across the metropolitan area, with properties averaging $5,273 below vendor reserves, translating to an average of 0% over reserve. Just 36% of properties managed to sell at or above their reserve price, while 13% of the volume was secured prior to auction day. Despite the softer conditions, the overall market still transacted a total sales value of $31,852,000, maintaining a high average sale price of $1,990,750 across the properties that successfully sold.
Underlying participation across Sydney remained steady despite the cautious sentiment, drawing an average of 3.8 registered bidders per auction who placed an average of 12 bids. This balance of engaged registered interest and realistic pricing adjustments allowed a portion of the Sydney inventory to clear successfully, even as buyers maintained tight control over their budgets.
Furthermore, we are now taking bookings for September and October, so if you do have any auctions coming up, we’d love to partner with you. Make sure you get your properties booked in now to secure your preferred date, time & venue.
Wether you’re about to book an auction or you just want to find out more information on how auctioning your property is beneficial for you, get in touch and we can help you secure the best possible price for your prized asset.
