A two-bedroom cottage marketed by Raine & Horne Newcastle as "the best buy in Carrington" was "snapped up" for $480,000 after its first open house.
Agent Patrick Collins reported interest was "through the roof" for 39 Mathieson Street, which was listed with a guide of $440,000 to $480,000. He also described the $1.25 million plus GST sale of a vacant lot 455 square metres in size, at 7 Mitchell Street as "an amazing result for a parcel of land in Merewether".
First National Newcastle City's George Rafty said sales activity was being seen "across the board" in the Newcastle market. He sold a funky warehouse conversion at 43 Albert Street in Wickham for $1.38 million ahead of its auction and a two-bedroom 1960s unit at 10/30 Lemnos Parade within 14 days on the market for $425,000, which he described as "all but entry level for a two-bedder in the city".
The Wickham sale is believed to be one of the highest results for a house in the harbourside suburb.
First National's Tom Lemke said the $878,000 auction sale of a four-bedroom home on 656 square metres of land at 63 Carrington Street last Saturday was a good result for Mayfield. It had a guide of $800,000 to $850,000 and attracted six registered bidders. Four bidders were active with a total of 18 bids before the hammer fell.
Mr Lemke said the property was bought by a young family and, during the four-week campaign, around 120 groups has inspected the home.
Belle Property Hunter Valley sold a four-bedroom house at 20 Quince Street in Gillieston Heights for $590,000, at the top of its guide.