Strong bidding leads to good prices at auctions

"Sharps Creek", Adelong
"Sharps Creek", Adelong

SIGNIFICANT interest at two recent Landmark Harcourts property auctions generated strong bidding.

The auction of “Rathmount”, Euberta (771.6 acres, mixed farming) attracted 50 people and five registered bidders, with a price of $1,910,000 paid by a family keen to own acres close to Wagga.

The auction of “Sharps Creek”, Adelong (616.5 acre, grazing) had 40 people and seven registered bidders. A sale price of $1,771,000 was paid by a local farming family.