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Serious buyers and social distancing at big auction weekend in Sydney and Melbourne – Domain News

One home in Sydney sold for $7.1 million, breaking a sale under the hammer record, while another in Melbourne sold for $1,785,000 to a buyer who hadn’t seen inside the property.

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Sydney and Melbournes auction markets had social distancing top of mind at the weekend as the strict, stage 4 lockdown saw the Victorian capital with only 14 online auctions on Saturday.
In Sydney, meanwhile, agents reported that Fair Trading NSW representatives would be in the crowds in Sydney, checking that agents and bidders were following social-distancing rules.
A Fair Trading NSW spokesperson said real estate agencies were visited this week to ensure compliance with social-distancing rul…

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