Inside Auckland's secret property market
10 Apr, 2021 05:00 PM
4 minutes to read
This home in St Marys Bay, Auckland, sold off-market for an undisclosed sum. Photo / Supplied
NZ Herald
Auction sales post-Covid have yielded some spectacular results for Auckland homeowners, with one grand home recently fetching almost $10 million under the hammer.
But away from the auction rooms, a small but growing number of
property deals are being brokered off-market. High-end deals, mostly.
"If I had 10 properties worth $10 million, I could sell them, but the stock is not there," Bayleys agent Gary Wallace told OneRoof. "I've got people who've sold who want to buy at that level."