Thurgoona home only one of seven listed properties to sell at auction

The property on O'Keefe Street attracted strong interest before it sold under the hammer for $580,000 on Thursday, November 16.

An opening offer of $550,000 was taken for the home, set on almost 500 square metres of land, before a second party joined the bidding at $560,000.

Another rise of $10,000 was taken by Ray White Albury North auctioneer Alex Pattaro, before dropping back to $5000 increments.

The property went on the market at $580,000, which ultimately proved to be the winning bid.

It sold in October 2021 for $527,000.

Mr Pattaro said the home was located in a quiet court next to Trinity Anglican College and was a short drive from Charles Sturt University and Thurgoona Plaza.

"It's an easy, low maintenance home," he said.

The agency attempted to sell a further six properties, but all were passed in for post-auction negotiations.

Three further listings in Thurgoona, a three-bedroom Hickory Street home, five-bedroom property on Eberle Close and a four-bedroom house on Potoroo Avenue passed in for $475,000, $710,000 and $790,000, respectively.

A first-up offer on a four-bedroom place on Jackling Drive in Lavington, built on 875 square metres of land, came in at $445,000, before it was passed in after a vendor bid of $480,000.

Two East Albury properties, including a renovated house on Amatex Street and a three-bedroom Schubach Street unit also failed to sell at auction after reaching $750,000 and $330,000, respectively.

The Schubach Street dwelling was sold shortly after auction for $369,000.

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