Understand what's happening in the current market
Read Ray White Now
News

Boatshed auction breaks record

•By Jessie Stewart

The auction of a boatshed through Ash Weston of Ray White Frankston has set a new record for boatshed values in Frankston, selling under the hammer for $155,000.

“It was such a fantastic result. The reserve was $110,000 and the nine registered bidders were all competing hard for the sale. The successful purchaser lives on Gould Street in Frankston and is absolutely thrilled with their purchase,” Ash said.

Partnering with Rotary Club of Frankston Sunrise, Ash auctioned the boatshed on Saturday, 25th of September with all proceeds of this newest sale donated back to the community.

“This was the third and final auction of a bathing box. Frankston City Council and Rotary Club of Frankston Sunrise have raised a total of $385,000 for the community over the past three years through these auctions.

“It’s an honour to be able to contribute,” Ash said. Hosting a family fun day on the Frankston foreshore on the day of the auction, the local community came together in support of the auction.

“We had face-painting, a sausage sizzle and plenty of fun and games. It was one of those days that makes you feel so proud of being a part of the Frankston community,” Ash said.

Up to Date

Latest News

  • How the Budget shifted the advantage from cheaper to more expensive homes

    By Nerida Conisbee · Chief Economist For most of the past year, cheaper homes were outperforming expensive ones across every capital city. The Budget landed in May. By September, the relationship between the two had completely reversed. For much of the past year, Australia’s more affordable properties have been outperforming the expensive end of the market. That … […]

    Read Full Post

  • Has the Budget worked in redirecting investors into new homes?

    By Nerida Conisbee · Chief Economist Investor lending for established property fell by 7,080 loans in the June quarter. Lending for new housing rose by 441. The policy is working on one side of the equation. The other side has barely moved. The May Federal Budget was designed to pull investors away from established properties and encourage … […]

    Read Full Post