Eighty properties were scheduled to go under the hammer during RWC’s end of year auction showcase, with a preliminary clearance rate of 68.4 per cent.

The auction showcase has seen more than $60 million in property sold, with just days to go.

There has been plenty of buyer activity, with an average 5.0 registered bidders and 3.5 active bidders per auction.

The top result from the showcase went to RWC WA agents Brett Wilkins, Chris Matthews and Liam Pittaway who sold 25 Felspar Street, Welshpool, under the hammer for $8.6 million, with nine registered bidders and three active bidders.

RWC Gold Coast agent Jackson Rameau saw the auction with the highest number of registered bidders, with a whopping 14 registered bidders and nine active bidders at his 2/94 Spencer Road, Carrara, auction which sold under the hammer for $1.16 million.

RWC head James Linacre said the end of year auction showcase had been an incredible success.

“Our auction volume was up almost 12 per cent compared to the same period last year, further proof that the Ray White Group are competition creators,” Mr Linacre said.

“A clearance rate of 68.4 per cent is a testament to the hard work and expertise of our RWC network across the country.

“Auction continues to be our preferred method of sale, providing transparency for both our buyers and sellers, and ensuring our vendors get the best possible price the market has to offer for their assets.”

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