It might not look like the usual mansion that would cost millions, but this mid-1980s three-storey home in Noosa Heads is expected to sell for a record-breaking price.
It might not look like the usual mansion that would sell for millions, but this mid-1980s three-storey home is expected to sell for a record-breaking price.
 Harcourts Noosa sales associate Clint Jensen said 65 people had walked through the property and 15 bidders battled it out on the day. Mr Jensen said typically when an auction has no reserve, potential buyers go in hoping to get a bargain. However, he said it often goes in the opposite way and drives prices up. Because of the interest, I spoke to the owner about removing the reserve and letting the market decide, she put trust in me, Mr Jensen said. And that only boosted the activity. We had a mixture of people in person, on phones and over Zoom. It went to a Brisbane woman over Zoom.
Absolutely, nine out of 10 are going overs, well above the reserve. In an auction, so long as there s multiple bidders, there s strong results, Mr Jensen said. Some owners have stigmas about auctions based on bad experiences in the past, but any hot market with multiple bidders we always advise an auction. The buyers left over want us to find them something similar. This week, Mr Jensen sold a two-bedroom unit at Alexandra Headland for a record price for its complex at an auction with no reserve price. Ray White Mooloolaba and Kawana auctioneer James Goldsworthy said crowds of up to 100 people were coming out on auction days.