Sydney auctions: Coogee stunner sells for millions over reserve after ‘intense’ bidding - realestate.com.au

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A family selling their prized Coogee home were given a welcome surprise when the property sold for millions over reserve at an auction described as “intense”.

The $13.1m price was a new record for a home sale in Coogee. It was a higher price than expected, but Ms Richards said she had been prepared for strong bidder competition.“We had seven registered bidders. They all thought the property was magnificent,” she said.

“People had clearly fallen in love with it,” he said, adding that the designer home metres from the Bondi to Coogee coastal walk was in a category of its own for design and function. Bidding only slowed down by the $13m mark, by which point Mr Moore, who had to call out every bid, could be seen catching his breath.

“There are people who have been trying for years to get houses like this and there is always a lack of this kind of stock, irrespective of changes in the climate or who is in government,” she said.

 

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