0/21 houses sold at auction!
Well it looks like this time it might be for real...
Auctions take a hammering
By Esther Harward, Kevin Stent and Lois Watson - Sunday Star Times | Sunday, 02 March 2008
The cooling property market was evident in house auctions across the country last week.
The Sunday Star-Times went to auctions in Auckland, Wellington and Christchurch and watched 21 homes go under the hammer.
But not one sold and many struggled to attract any bids.
The properties ranged from low-budget apartments to upmarket mansions and by Friday none had been sold.
Barfoots' Auckland auction manager Tim Carter said so far this year about 30% of homes had sold at auction compared to 60% last year.
AUCKLAND
14 Scarborough Tce, Parnell
Three bedrooms, study, landscaped gardens, designer kitchen
CV: $860,000, passed in, no bids
121A St Johns Rd, Meadowbank
Two-bedroom bungalow, modern kitchen
CV: $330,000, passed in, no bids
53A Clarendon Rd, St Heliers
Three bedrooms, rumpus room, landscaped gardens and private courtyard
CV: $810,000, passed in, no bids
5R Dryden Pl, Ellerslie
Two-bedroom terraced apartment on two levels, two car parks, sunny courtyard
CV: $240,000, passed in, no bids
19A Riddell Rd, Glendowie
Two-level stucco townhouse with four bedrooms, two bathrooms
CV: $570,000, passed in at $560,000
54 Taniwha St, Wai o Taiki Bay
Ex-state weatherboard house, large 837sqm section, new kitchen and marketed as a "do up", two bedrooms
CV: $320,000, passed in at $350,000
14A Challenger St, St Heliers
Large stucco family home on two levels, tropical garden and outdoor dining area, walk to beach, four bedrooms
CV: $1.5 million, passed in at $1.75m
3 Edwards Rd, Grey Lynn
Renovated weatherboard bungalow with polished floors and outdoor entertaining area, three bedrooms
CV: $590,000, passed in, no bids
205/20 Upper Queen St, Auckland City
Two-bedroom terraced apartment with courtyard and car park
CV: $230,000, passed in at $220,000
165 Paritai Dr, Orakei
Two-bedroom weatherboard cottage with views to Hobson Bay
CV: $1.17m, passed in, no bids
5, 5A and 5B Speight Rd, Kohimarama
Large level section divided into three separate flats, close to beach and cafes
CV: $1.115m, passed in at $1.1m
CHRISTCHURCH
578 Madras St, St Albans
A three bedroom renovated character cottage, polished wooden floors and french doors opening to a sunny garden
CV: $301,000, passed in at $292,000
326 & 330 Papanui Rd, Merivale
Four-bedroom house with library and formal living area, plus a self-contained two-bedroom flat on 2670sqm of park-like grounds
CV: $2.5m, passed in, no bids
45 Cox St, Merivale
Five-bedroom house with a games room, temperature-controlled wine cellar and inground pool
CV: $1.5m, passed in, no bids
384A Memorial Ave, Burnside
Two storey two-year-old home with four bedrooms
CV: $605,000, passed in at $650,000
302 Gardiners Rd, Belfast
Four-bedroom family home on a 1492sqm section
CV: $946,000, passed in at $625,000
WELLINGTON
140 Onslow Rd, Khandallah
Three-bedroom renovated single level villa
CV: $560,000, passed in at $550,000
64a and 64b Barnard St, Wadestown
Home and income property on two levels and a large section with spectacular harbour views
CV: $535,000, passed in at $450,000
3A Madras St, Khandallah
Two-bedroom flat
CV: not available, passed in at $268,000
37B Ngaio Rd, Kelburn
Three-bedroom executive townhouse
CV: $740,000, passed in at $660,000
3B Rangoon St, Khandallah
New two-bedroom townhouse
CV: $340,000, passed in at $360,000
http://www.stuff.co.nz/sundaystartim...2352a6442.html