Five days of blockbuster sales for James Ball Team indicates ideal selling environment

The sales of two Coogee family homes were the highlights of five days of blockbuster sales for James Ball and his team. Both properties had been held by their owners for over twenty-five years and contributed to $28 million worth of property sold across the Eastern Suburbs.

On Saturday 16th November, 82 Beach St sold at a dynamic on-site auction run by Damien Cooley. In front of a crowd of neighbours and interested locals, the five-bedroom house sold for $800k above reserve to a local couple for $5.1 million. The position high on the hill and the close proximity to the beach made this charming home popular throughout the campaign.

The night before, nearby 6 Hamilton St sold prior to auction to a Kensington family. A grand manor like home moments from the beach, with tropical gardens on a sprawling 570sqm block, Wilton had been designed for flexible family living and sold for a price above the vendor’s expectations in the high $4 million range.

“We were happy to get such great results for our vendors,” James commented on the sales. “I think an ideal environment is forming for home owners considering selling their properties across the East, particularly in Coogee. A lack of available stock is propping the market up which, when combined with lower interest rates, presents a genuine opportunity for premium sale prices.”

Over in Kensington, 5 Darling St sold prior to auction for $1.975 million. An Edwardian terrace with a north facing garden, the property continues the team’s excellent results in Kensington throughout 2019.

Having sold the property three years ago to its current owner, James and Mark Lowe again sold 63 Moore Park Rd, Centennial Park after a luxury renovation for $3.375 million. Finally, a whole block of five apartments on the water in 3 Wiston Gardens Double Bay was sold in one line with Clint Ballard.

If you’ve been thinking about placing your property on the market, please feel free to call for a confidential chat or drop by one of our current open homes: