
Methods of Sale
Selling by Auction
Auction has fast become one of the preferred methods of selling property. It is designed to attract genuinely interested, cash in hand buyers and the property is sold to the buyer with the highest bid after the seller’s reserve price is reached. It creates a transparent arena where buyers can see their competition, so encourages them to focus on the maximum price they will pay and not the minimum amount they will offer. As a seller, you set the terms and conditions of sale and the reserve price you set is confidential to you, your agent and the auctioneer. You can still accept pre-auction offers if you wish and targeted auction marketing allows for a spotlight on your property. Click here for our Auction Resources (link to auction resources page).
Selling by Fixed Price or Deadline Sale
Many property sales in New Zealand are by advertised price. With a fixed price sale, a buyer can make a conditional or unconditional offer at any time. If it is selling by deadline sale, offers must be in by the set date and time. Prospective buyers make offers based on their perception of the market value of the property and sellers can then negotiate with them on price and conditions.
Selling by No Price
In a changing market, this method is often used for 1-2 weeks to gain buyer feedback on where the value of the property sits with prospective purchasers, so as not to lose potential buyers due to too high or low of a price. It can also be a strategy to test the market before going to auction.
Selling by Tender
When a property is being sold by tender, buyers make confidential written offers to the agent before a deadline.
Buyers’ offers may be conditional, and you can also attach conditions to the sale, for example stating the settlement date or listing the details of the chattels that come with the house. You usually have up to 5 working days to decide which offer, if any, you will accept. If you accept an offer, you’ll sign the tender document. You don’t need to accept the highest offer. You can accept any or none of the offers, and you can negotiate through your agent with anyone who submits an offer.
Upcoming Auctions
June 2022
Thursday 30th
IDPI75282
Property2/24 Withells Road, Avonhead
Consultants Estelle Yang
LocationGold Auction Rooms, 471 Papanui Rd
Time30 June 10:00 am
IDPI75452
Property19 Richards Avenue, Papanui
Consultants Leeann Marriott
LocationGold Auction Rooms, 471 Papanui Rd
Time30 June 10:00 am
IDPI73573
Property17 Janice Place, Mount Pleasant
Consultants Mary Turnbull
Location471 Papanui Road, Papanui
Time30 June 10:00 am
IDPI75543
Property1/104 Trafalgar Street, St Albans
Consultants Mary Turnbull Annabel Young
Location471 Papanui Road, Papanui
Time30 June 10:00 am
IDRD8638
Property15 Marlene Street, Casebrook
Consultants Jacq Lawler
Location471 Papanui Road
Time30 June 10:00 am
IDPI74576
Property62 Mounter Avenue, Northwood
Consultants Mike Franklin
Location471 Papanui Road, Papanui
Time30 June 10:00 am
IDPI75547
Property127 Hamilton Avenue, Fendalton
Consultants Cameron Bailey
Location471 Papanui Road, Papanui
Time30 June 10:00 am
IDPI75437
Property13 Greenlaw Street, Lincoln
Consultants Lydia O'Loughlin
Locationgold Auction Room, 471 Papanui Road
Time30 June 10:00 am
IDRD8797
Property223 Maidstone Road, Avonhead
Consultants Christeen Flynn
Locationgold Auction Room, 471 Papanui Road
Time30 June 10:00 am
IDPI75435
Property1/47A Tilford Street, Woolston
Consultants Anthony Deyn Jackie Qiu
Location471 Papanui Road, Papanui
Time30 June 10:00 am
IDPI75454
Property28 Radley Street, Woolston
Consultants Lydia O'Loughlin
Locationgold Auction Room, 471 Papanui Road
Time30 June 10:00 am
IDPI75362
Property3/441 Manchester Street, St Albans
Consultants Lydia O'Loughlin
LocationIn rooms
Time30 June 10:00 am
IDPI75573
Property70 Sarabande Avenue, Redwood
Consultants Sissi Liu Michelle Fu
Location471 Papanui Road
Time30 June 10:00 am
IDPI74862
Property79 Andover Street, Merivale - Christchurch City
Consultants Deb Crosby
LocationGold Auction Room, 471 Papanui Road
Time30 June 10:00 am
IDPI75429
Property29 Walton Street, Sydenham
Consultants Deb Crosby
LocationGold Auciton Room, 471 Papanui Road
Time30 June 10:00 am
IDPI75425
Property27 Walton Street, Sydenham
Consultants Deb Crosby
LocationGold Auciton Room, 471 Papanui Road
Time30 June 10:00 am
IDPI75545
Property15 Twigger Street, Addington
Consultants Estelle Yang
LocationGold Auction Room, 471 Papanui Road
Time30 June 10:00 am
IDRD8709
Property212 Blenheim Road, Riccarton
Consultants Mark O'Loughlin Ollie Redmond
Locationgold Auction Room, 471 Papanui Road
Time30 June 10:00 am
Auction Results
June 2022
Thursday 23rd
IDPI75478
Property3/28 Southampton Street, Sydenham
Consultants Cameron Bailey Brendan Hart
ResultPassed in
IDRD8708
Property70 Reynolds Avenue, Bishopdale
Consultants Mark O'Loughlin Ollie Redmond
ResultPassed in
Tuesday 21st
IDPI75499
Property97B Fendalton Road, Fendalton
Consultants Cameron Bailey Hayden Roulston
ResultBrought Forward and Sold
Sold For$2,280,000
Friday 17th
IDPI75279
Property17 Walnut Avenue, Strowan
Consultants Cameron Bailey Brendan Hart
ResultSold under the hammer
Sold For$1,700,000
IDPI75353
Property123 Penruddock Rise, Westmorland
Consultants Cameron Bailey Brendan Hart
ResultWithdrawn and sold
IDPI75345
Property204/36a Welles Street, Christchurch Central
Consultants Richard Burt
ResultWithdrawn and sold
IDPI75473
Property3/27 Oxley Avenue, St Albans
Consultants Annabel Young Mary Turnbull
ResultPassed in
IDPI75473
Property3/27 Oxley Avenue, St Albans
Consultants Annabel Young Mary Turnbull
ResultPassed in
IDPI75329
Property22/15 Peterborough Street, Christchurch Central
Consultants Cameron Bailey
ResultPassed in
IDPI75337
Property19 Chilcombe Street, Fendalton
Consultants Mary Turnbull
ResultSold under the hammer
Sold For$1,190,000
IDPI75389
Property1/39 Whareora Terrace, Cashmere
Consultants Cameron Bailey
ResultWithdrawn and sold
IDPI75495
Property79 Kedleston Drive, Avonhead
Consultants Jessica Downey
ResultBrought Forward and Sold
Sold For$1,110,000
Friday 10th
IDPI75395
Property73a Sherborne Street, St Albans
Consultants Cameron Bailey
ResultBrought Forward and Sold
Sold For$975,000
IDPI75269
Property138 Lake Terrace Road, Burwood
Consultants Sandra O'Brien
ResultBrought Forward and Sold
Sold For$1,097,000
Thursday 9th
IDPI75239
Property101 Englefield Road, Northwood
Consultants Cameron Bailey Catherine Aitken
ResultSold under the hammer
Sold For$702,000
IDPI75349
Property72 Northwood Boulevard, Northwood
Consultants Debbie Soper
ResultWithdrawn and sold
IDPI75347
Property93 Maidstone Road, Ilam
Consultants Allen Gunn
ResultSold under the hammer
Sold For$750,000
IDPI75265
Property18 Parklands Drive, Huntsbury
Consultants Lu Ding Michelle Fu
ResultWithdrawn and sold
IDRD8706
Property66 Bronco Drive, Aidanfield
Consultants Belinda Dunster Sam Dunster
ResultPassed in
IDNB3573
Property37 Middlepark Road, Sockburn
Consultants Chantale Johnson Bev Johnson
ResultPassed in
IDPI74945
Property2 Territory Street, Rolleston
Consultants Simon Watson
ResultSold under the hammer
Sold For$750,000
IDPI75372
Property3390 Main South Road, Dunsandel
Consultants Bill Zuo
ResultSold under the hammer
Sold For$485,000
Friday 3rd
IDPI75366
Property4/445 Manchester Street, St Albans
Consultants Lydia O'Loughlin
ResultBrought Forward and Sold
Sold For$1,100,000
Thursday 2nd
IDRD8687
Property6 Timberlands Terrace, Waitikiri
Consultants Christeen Flynn
ResultSold under the hammer
Sold For$1,450,000
IDRD8705
Property509 Gloucester Street, Linwood
Consultants Cyrena Xiao Mark O'Loughlin
ResultPassed in
IDPI75249
Property198 Salisbury Street, Christchurch Central
Consultants Cameron Bailey
ResultSold under the hammer
Sold For$1,327,000
Thursday 30th
IDPI68974
Property8 Ormandy Place, Bromley
Consultants Belinda Dunster Sam Dunster
ResultSold under the hammer
Sold For$510,000
IDPD5055
Property8 Melissa Place, Burnside
Consultants Milena Bartlett Andrew Swift AREINZ
ResultSold under the hammer
Sold For$1,006,000
IDPI68964
Property6A Riverview Street, Beckenham
Consultants Ashley Sutherland Todd Shar Sutherland Todd
ResultSold under the hammer
Sold For$865,000
IDPI68849
Property53 Springwater Avenue, Northwood
Consultants Simon Watson
ResultSold under the hammer
Sold For$801,000
IDPI68994
Property33A Ilam Road, Upper Riccarton
Consultants Cameron Bailey Brendan Hart
ResultWithdraw and sold
IDPI69228
Property19 Beamsgate Road, Halswell
Consultants Michelle Fu
ResultSold under the hammer
Sold For$865,000
IDPI68847
Property49 Hawthorne Street, Strowan
Consultants Mary Turnbull
ResultSold under the hammer
Sold For$925,000
IDPD5033
Property12A Cradock Street, South New Brighton
Consultants Shelley Howe
ResultSold under the hammer
Sold For$395,000
IDPI68992
Property10 Hanrahan Street, Upper Riccarton
Consultants Cameron Bailey Brendan Hart
ResultSold under the hammer
Sold For$950,000
IDPI69236
Property186 Mount Pleasant Road, Mount Pleasant
Consultants Jack Milligan
ResultSold under the hammer
Sold For$975,000
IDPD5054
Property24 Castle Hill Drive, Castle Hill Village
Consultants Caleb Griffioen
ResultSold under the hammer
Sold For$315,000
IDPI69222
Property64A Fairfield Avenue, Addington
Consultants Annabel Young Mary Turnbull
ResultSold under the hammer
Sold For$644,000
IDPI68879
Property38 Harakeke Street, Fendalton
Consultants Mary Turnbull
ResultSold under the hammer
Sold For$1,300,000
IDPI68972
Property35 Thornycroft Street, Fendalton
Consultants Cameron Bailey
ResultWithdraw and sold
IDPD5056
Property46C Rudds Road, Linwood
Consultants Andrew Swift AREINZ Milena Bartlett
ResultSold under the hammer
Sold For$605,000
IDPI68978
Property37 Somerville Crescent, Aidanfield
Consultants Michelle Fu Qing Yang
ResultPassed in
IDPI68898
Property24 Tosland Street, Wigram
Consultants Simon Watson
ResultBrought forward and sold
Sold For$755,000
Thursday 16th
IDPI68834
Property9 Hope Street, Shirley
Consultants Geeta Rose
ResultSold under the hammer
Sold For$615,000
IDPI68392
Property27 Alexandrina Street, Marshland
Consultants Mike Franklin
ResultSold under the hammer
Sold For$970,000
IDPI68867
Property10 Bradshaw Terrace, Riccarton
Consultants Sandra O'Brien
ResultSold under the hammer
Sold For$850,000
IDPI68934
Property10 Wynand Place, Sockburn
Consultants Cameron Bailey
ResultSold under the hammer
Sold For$870,000
IDRD8010
Property515 Worcester Street, Linwood
Consultants Mark O'Loughlin Pedro Park
ResultWithdraw and sold
IDPI68988
Property30 Te Whenu Crescent, Marshland
Consultants Mary Turnbull
ResultBrought forward and sold
Sold For$759,500
IDPI68869
Property98 Leistrella Road (Entrance - 200 Cashmere Road), Cashmere
Consultants Cameron Bailey Brendan Hart
ResultSold under the hammer
Sold For$1,300,000
IDPI66938
Property2 Albert Sheppard Close, Yaldhurst
Consultants Tammy Tang Michelle Fu
ResultSold under the hammer
Sold For$880,000
IDPI66886
Property336 Lyttelton Street, Spreydon
Consultants Dan Vellekoop
ResultSold under the hammer
Sold For$612,000
IDRD8006
Property39a Woodbury Street, Avonhead
Consultants Mark O'Loughlin Pedro Park
ResultPassed in
IDPI65864
Property5B Snowdon Road, Fendalton
Consultants Estelle Yang
ResultBrought forward and sold
Sold For$815,000
IDPD5046
Property10 Ashwood Street, Parklands
Consultants Caleb Griffioen
ResultSold under the hammer
Sold For$563,000
IDPI68858
Property10 Oakford Close, Riccarton
Consultants Cameron Bailey Brendan Hart
ResultSold under the hammer
Sold For$832,000
IDPI68844
Property130 Rossall Street, Merivale - Christchurch City
Consultants Ashley Sutherland Todd Shar Sutherland Todd
ResultBrought forward and sold
Sold For$686,000
IDPD5049
Property22 Sutton Place, Dallington
Consultants Judith Bodger
ResultBrought forward and sold
Sold For$505,000
IDPD5045
Property59 Rosewarne Street, Spreydon
Consultants Chantale Johnson Bev Johnson
ResultPassed in
IDPI68838
Property189 Selwyn Street, Spreydon
Consultants Alister Anderson
ResultSold under the hammer
Sold For$695,000
IDPI68774
Property2/23 Wakelin Place, Redwood
Consultants Allen Gunn Kelly Shackleton
ResultSold under the hammer
Sold For$540,000
IDPI68778
Property47 Applefield Court, Northwood
Consultants Cameron Bailey Harrison Hopman
ResultSold under the hammer
Sold For$1,035,000
IDPI68883
Property19 Birkenhead Street, Avonhead
Consultants Simon Watson
ResultSold under the hammer
Sold For$668,000
IDPI68794
Property290 Papanui Road, Merivale - Christchurch City
Consultants Cameron Bailey
ResultSold under the hammer
Sold For$1,040,000
IDPI68755
Property16 Kingsbridge Drive, Burwood
Consultants Belinda Dunster Sam Dunster
ResultSold under the hammer
Sold For$885,000
IDPD5037
Property34 Hackthorne Road, Cashmere
Consultants Caleb Griffioen
ResultSold under the hammer
Sold For$741,000
IDPD5038
Property202 Pacific Road, North New Brighton
Consultants Andrew Swift AREINZ Milena Bartlett
ResultSold under the hammer
Sold For$376,000
IDPD5044
Property74 Rocking Horse Road, Southshore
Consultants Chantale Johnson Bev Johnson
ResultPassed in
IDPI68797
Property1-5/25 Office Road, Merivale - Christchurch City
Consultants Cameron Bailey
ResultWithdraw and sold
IDPI68547
Property19A Reeves Road, Opawa
Consultants Belinda Dunster Sam Dunster
ResultSold under the hammer
Sold For$835,000
IDPI68822
Property80 Winchester Street, Merivale - Christchurch City
Consultants Cameron Bailey
ResultWithdraw and sold