Claudia Karvan sells East Redfern warehouse pre-auction

Claudia Karvan sells East Redfern warehouse pre-auction
Claudia Karvan sells East Redfern warehouse pre-auction

Actress Claudia Karvan and longtime partner Jeremy “Jez” Sparks sold their inner Sydney warehouse on the eve of its scheduled weekend auction.

The undisclosed price was above its $2.7 million guidance for the East Redfern warehouse.

The four-level laneway residence sold to purchasers who lived in the neighbourhood.

Karvan, currently on a film shoot in the Middle East, and Sparks, an ­engineer, had owned the four bedrooms, three bathrooms space with a garage, for 15 years.

The 280 sqm property comes north-facing rooftop terrace with city skyline views,

“I can’t imagine ever leaving Redfern,” she told The Sunday Telegraph as they own elsewhere nearby.

The Charles St warehouse residence (above) comes with a door from a Clovelly petrol station; railway ceiling lights from Carriageworks; teak doors from Bali and a steel staircase from a 1960s factory.

It’s among five residences in the former clothing factory purchased by Sparks’s family in 1994.

The focus was on the Sydney auction market this week as Melbourne has had low auction activity due to the Spring Racing Carnival. 

Click here to enlarge.

Claudia Karvan sells East Redfern warehouse pre-auction

The 801 Sydney auctions secured a preliminary 47 percent clearance rate, which is about three percent lower than last week.

The most expensive house reported sold was a five-bedroom, mid-century house at 2 Coolawin Road, Northbridge (below). The property with a deep-water jetty was sold for $4.81 million.

Claudia Karvan sells East Redfern warehouse pre-auction

Sales included five-bedroom hoarders' estate at Roseville Chase.

Items dating back more than half a century saw both the home and its yard full of rubbish.

Four of the 12 registered parties took the sale price to $1.763 million, some $263,000 above reserve for the 1100sqm holding at 17 Lockley Pd which was was described as a “worst house, best street opportunity."

The buyers’ plan to rebuild.

In Melbourne's Fitzroy North a house vacated years ago after being gutted by fire sold for $970,000.

A young couple from the Fitzroy area won the keys, The Herald Sun reported.

There was heritage facade, but the rest of the 200 sqm space would require a full rebuild costing  another $400,000 to $800,000.

There were just the two bidders on the 106 Queens Pde offering (below).

Claudia Karvan sells East Redfern warehouse pre-auction

The house was announced on the market at $910,000 by the Sydney-based vendor.

Melbourne's top sale was the so-called White House at Wheelers Hill which fetched $2.02 million, well above the $1,690,000 to $1,859,000 price guidance.

It was built by the Temelli family on the 832sq m block at 110 Grandview Rd (below) bought in 1986 for $78,000.

They finished the grand residence about eight years later.

Claudia Karvan sells East Redfern warehouse pre-auction

Harcourts Judd White auctioneer Andrew Dimashki saw it sold to a family moving to Melbourne from China.

Melbourne saw the most notable dip in volumes coming off the back of the second busiest week for auctions this year last week (1,709).

 

There were only 264 Melbourne homes taken to auction this week, returning a preliminary clearance rate of 50.5 per cent. Last week, a final clearance rate of 48.6 per cent was recorded across the higher volumes.

The first week of November saw fewer homes taken to auction across all the combined capital cities, after last week recorded the fifth busiest week for auctions this year with 2,928 offerings.

There were a total of 1,529 auctions held returning a preliminary auction clearance rate of 47.4 percent, increasing only slightly on last week’s final clearance rate of 47 per cent.

"As the remaining results are collected, the final clearance rate will see its usual downward revision and likely come in lower than last week," CoreLogic auction analyst Kevin Brogan noted.

Over the corresponding week last year, a much higher 61.5 per cent of auctions were successful from 2,046 listings.

Across the smaller auction markets, Adelaide was the best performing in terms of clearance rates with 57 per cent of auctions successful, while only 33.3 per cent of homes sold across Brisbane this week.

The Brisbane sales included a two bedroom apartment in a leafy pocket of TARINGA that fetched $380,000.

The 1/22 Union Street listing was last sold in 1997 at $397,000.

 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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Clearance Rate Weekend Auctions

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