Chatswood and Lilyfield struggle at weekend property auctions

Chatswood and Lilyfield were two interesting outlier suburbs bucking this weekend’s strong property auction results. Even though there was an 82% clearance rate on Saturday 24th September, three of three properties in Lilyfield passed in and four of seven properties in Chatswood passed in. In these instances often the reserve has been set too high – regardless it potentially represents some buying opportunities in this strong market.

 

6/9 View St, Chatswood townhouse passed in on $1.485m max bid.

6/9 View St, Chatswood townhouse passed in on $1.485m max bid.

Passed in at auction on $2.05m highest bid.

394 Catherine St, Lilyfield passed in at auction on $2.05m highest bid.

14 Daisy St Chatswood passed in on $3.85m highest bid.

14 Daisy St Chatswood passed in on $3.85m highest bid.