The first weekend of spring yielded some mixed results for online property auctions throughout the Illawarra.
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Some properties fetched hundreds of thousands of dollars above reserve, while others seemingly failed to meet the market and were passed in.
According to CoreLogic's preliminary figures, of the 11 results collected for the Illawarra so far, there was an auction clearance rate of 63.6 per cent for the week ending September 5.
The property at 147 Koloona Avenue, Mount Keira went under the virtual hammer on Saturday, selling for more than $300,000 above reserve.
The two-bedroom, one-bathroom home sits on 3.7 acres of partially cleared R2 zoned land in a rainforest setting.
It had a price guide of $1.3 million, and sold for $1,641,000.
Co-selling agent, Laila Dahab from Betschwar & Co said it sold to a Sydney buyer who planned to use it as a holiday home.
Ms Dahab said there were 17 registered bidders and 61 bids placed.
"We didn't expect that many to be registered - there was a lot of last minute people coming in," she said.
"We didn't expect the price would go that high... [The auction] was crazy."
A three-bedroom, one-bathroom home at 35 Horsley Road, Oak Flats sold via online auction on Friday.
According to auction records, the absolute lakefront home sold for $1,255,000.
Selling agent, Trever Molenaar from Molenaar + McNeice said there were 12 registered bidders, with the successful buyer from the Shellharbour local government area.
"It was above where we expected it - I think that was because there were so many bidders, and a lot of the bidders came from out of the area," he said.
Mr Molenaar said bidding started at $900,000, and became a two-horse race from about the $1.1 million mark onwards.
He said the house was a standard cottage that would require some work.
"The special thing about this cottage was it had a north-to-rear aspect, so the backyard looks due north, which is what you want for maximum sunlight," he said.
Nearby, two neighbouring properties were for sale via back-to-back online auctions on Saturday.
However, the properties at 126 Wentworth Street, Oak Flats and 128 Wentworth Street were both passed in.
Selling agent, Adam Martin from MMJ South said there were a couple of interested parties, but who weren't in a position to buy under auction conditions.
"However, post-auction inquiry has been unbelievable, and I believe we will have some action [on both properties] in the next seven days," he said.
Meanwhile, 21/15 Park Avenue, Helensburgh was also passed in on the weekend.
Occupying a corner position, the three-bedroom, two-bathroom freestanding townhouse was up for sale via online auction on Saturday.
It initially had a guide of $1 million, which was raised at the last minute to $1,070,000.
Starting at $900,000 and rising by $10,000, bidding stopped at $1 million.
Selling agent, Ron Kissell from Ray White Helensburgh said the seller hadn't met the market with the revised guide.
"Both the remaining buyers were maxed out at a million dollars," Mr Kissell said.
"Three or four weeks ago, it would have sold for a million dollars.
"People are reading into how hot the market is, and he put his price up. It is starting to affect the market, with the amount of attention about how much the market is going up."