Birkenhead property captures buyer’s attention thanks to rare inclusion of an auction price guide

Interest in a Birkenhead character home has been so huge it has one selling agent rethinking how he approaches auctions in the future.

The most-viewed property going to auction across the nation this weekend is a classic 1900-built character home at 87 Victoria Rd, Birkenhead, on the market with a price guide of $595,000.

That’s rare for selling agent Thomas Crawford of Crawford Doran, who as a general rule doesn’t advertise price guides for homes he takes to auction, but he said the interest he had seen as a result of including one has made him consider the tactic moving forward.

87 Victoria Rd, Birkenhead. Supplied

The character home has set the market on fire. Supplied

“I think the price is a big thing – it’s priced really well and I’ve got very, very realistic vendors,” Mr Crawford says.

“The vendor used to be in real estate so she knows where the market is.

“She wanted the price on there actually – I don’t advertise a price for auction but maybe I might have to take a leaf out of her book because obviously it’s working really well.

“It’s definitely something that I might start to consider, especially at this end of the market.

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“On anything under $1m you might well might as well price it now because it’s only going to do you good because there’s not much you can buy.

“When it’s auction and there’s an advertised price, buyers know the reserve then as well, so they know that the vendors are not just bluffing, that they mean business, and that if they’re on the market at this level, they will sell it at this level.

“When you’ve got a best offer campaign and it’s got a price, they still don’t have to take it even if it’s $200,000 above – with auction, at least you know they’re serious.”

The updated kitchen. Supplied

A cosy living space. Supplied

One of the bedrooms with its character fireplace. Supplied

Mr Crawford said he had taken more than 100 groups through the home, with interest coming predominantly from local first homebuyers.

He said it was this price, and the property’s enormous potential, that had captured buyers’ attention.

“It’s got a lot of character and there’s a lot of potential – you could extend it, you could expand the footprint that’s there and it’s in an area that obviously is getting more popular by the minute as people want to move closer to the beach and the coastal lifestyle,” he said.

“It’ll sell and it’ll go really well.”

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Meanwhile, SA is gearing up for a bumper auction weekend, with more than 140 properties set to go under the hammer in the next couple of days.

According to PropTrack data, 142 properties will hit the auction block this weekend.

It is a bump on the 133 auctions scheduled for last weekend, and 17 more than next weekend when there are 125 properties scheduled for auction.

87 Victoria Rd, Birkenhead. Supplied

The bathroom with scope for further improvement. Supplied

The spacious rear yard. Supplied

Of the 142 to be auctioned this weekend, 134 are from metro Adelaide, while the other eight are from regional SA.

Adelaide has a four-way tie for SA’s top auction suburbs, with Croydon Park, Fulham Gardens, Kilburn and Para Hills each having four scheduled across the weekend, while Andrews Farm, in Adelaide’s north, has two.

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The post Birkenhead property captures buyer’s attention thanks to rare inclusion of an auction price guide appeared first on realestate.com.au.

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