Commercial Auctions: A Growing Force in Today’s Market

Across multiple markets, we’re seeing a growing shift with more owners and agents embracing auctions as their first choice, not their fallback plan. Why? Because the benefits line up with today’s fast-moving, competitive real estate environment.

➡️ In hot markets, auctions drive urgency and competition, often pushing prices above expectations.

➡️ In slower markets, the certainty of a set date reduces uncertainty and keeps deals moving.

➡️ For unique properties, auctions provide a fair, transparent way to establish market value when comparables don’t exist.

This shift tells us something important, that auctions aren’t just about speed, they’re about strategy.

We recently held an auction for 1 & 3, 6–8 Old Castle Hill Road, Castle Hill, led by the ever-dynamic Stu Benson.

The results speak for themselves:

Unit 1 sold for $16,375 per sqm - $210,000 above reserve 🎉

Unit 3 sold for $17,413 per sqm - $230,000 above reserve 🎉

It was a fast-paced, transparent, and highly engaging auction that showcased exactly why this method delivers outstanding results.

📹 Check out the video below to experience the energy and see firsthand how competitive bidding creates powerful outcomes.