Our Backyard – Aireys Inlet

Welcome to Aireys Inlet.It’s not common for the same property to be offered to the market twice in six months but that is exactly what happened on the weekend.

8 Kerrie Court was auctioned last November and was sold for $770,000.  For a host of reasons the vendor was unable to settle.

On Saturday it was the turn of Great Ocean Road Real Estate to auction the property, this time for the mortgagee.  It sold under the hammer for $850,000.  This is a 10% increase in only six months!

What makes the increase even more interesting was that the property was not furnished and was stripped of much of the kitchen and bathroom fittings.

It was also a great example of the auction system at work.  Well marketed and well priced.  This was combined with the skills of our Auctioneer, Managing Director Ian Stewart.

The successful purchaser confided that he went to the auction with a limit of $800,000!

Auctions do work.  And whilst he may have paid more
he planned, the look on his daughters face late that day when she went through the property for the first time, was priceless.


Saturday May 4, 2013

11 Berthon Street, Aireys Inlet 11.30 – 12.00

3 Twelfth Avenue, Anglesea 1.00 – 1.30


James Worssam

0418 585 815