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Glebe’s ‘Festival House’ Sells for $4.815m as Wilston Reno Sets Street Record

Early clearance figures point to busy auctions with uneven buyer follow‑through.

Overview

  • A four-bedroom Federation villa at 405 Glebe Point Road sold for $4,815,000, with a woman securing the keys via her father’s bidding against five rival parties.
  • The transformed 1930s Queenslander at 6 Antill Street, Wilston fetched $2.71 million, eclipsing the street record after being bought for $990,000 in 2022 and rebuilt for family living.
  • Buyers’ agents led several contests, with strong opening bids quickly thinning fields and pushing prices higher at tightly fought auctions.
  • A Coogee two-bedroom unit sold under the hammer for $2,055,000, beating a $2 million pre‑auction offer by $55,000 after the reserve was adjusted to sell.
  • Preliminary clearance rates varied by source and city, with Sydney reported at 67.1% by Domain and 70.8% by Cotality, Brisbane ranging from 54% (Domain) to 71.8% (Cotality), and providers noting that withdrawn auctions are counted as unsold.