Sales rates ranged from 33% to 54% at Bayleys’ latest auctions in Auckland, Hamilton, Matamata, Tauranga and Rotorua

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This two bedroom house with a big garage/sleepout on an 898 square metre section at Lake Rotoiti sold for $697,000.

Bayleys Real Estate sold almost half the residential properties at their latest auctions (10-14 December) in the upper North Island.

The agency marketed 56 residential properties for sale at its auctions in Auckland, Hamilton, Tauranga, Rotorua and Matamata and sold 26 of them, giving an overall sales rate of 46%.

At the Auckland auctions where 18 properties were offered, exactly a third were sold with prices ranging from $742,500 for a two bedroom house at Muriwai Beach to $1.925 million for a two bedroom apartment in Remuera.

At the Hamilton auction 13 properties were offered ranging from houses in Hamilton to lifestyle properties in rural locales. Sales were achieved on seven of them, giving a sales rate of 54%.

Prices ranged from $537,500 for a renovated three bedroom house in Hamilton to $2.87 million for an 18.9 hectare lifestyle property at Cambridge.

The biggest auction was at Tauranga where 20 residential properties were offered and 11 were sold, with prices ranging from $530,000 for a three bedroom house at Judea, to $1.7 million for a large house on a lifestyle block at Welcome Bay.

At the Rotorua auction one of the three properties offered was sold, and in Matamata one of the two homes on offer found new owners at the auction.

Photos and details of all the properties offered at the five auctions and the selling prices achieved for most of those that sold, are available on our Residential Auction Results page.

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