Mirvac-built Walsh Bay apartment tops weekend apartment auction sales

The two bedroom apartment was set in the tightly held Parbury building in the renowned Walsh Bay precinct
Mirvac-built Walsh Bay apartment tops weekend apartment auction sales
Jonathan ChancellorJune 20, 2021

A $3.15 million Walsh Bay sale topped weekend auction results for apartments across the capital cities.

The 136 sqm two bedroom Mirvac-built apartment was set in the Parbury building in the Walsh Bay precinct. 

It was among the 333 apartments put to weekend auction across Sydney which saw a 77 percent success rate.

The 401/1 Pottinger St apartment came with Harbour Bridge views.

It has access to an indoor pool, gymnasium plus a 13sqm security parking space and 4sqm storage cage.

Selling agent Adrian Wilson said it was a tightly held complex. although there was a sale of another two bedroom apartment three floors higher on the day before.

The $3.15 million apartment had last sold at $2.125 million in 2017.

It first sold off the plan at $915,000 in 2002.

The Parbury at Walsh Bay won the NSW Heritage Office Heritage award in 2004.

There were 594 auctions of apartments on the weekend, according to CoreLogic, with a 69 percent success rate.

There was an $860,000 median.

Melbourne's top result was a newly built, four bedroom townhouse at 1/60 Relowe Crescent, Mont Albert North which fetched $1,602,000.

The price guide had been $1.4 million to 41.54 million based on a late 2020 sale at $1.46 million at 47 Boondara Road, Mont Albert North.

Melbourne vendors secured a 57 percent clearance rate from the 208 apartments and townhouse offerings.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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