A four-bedroom house in a tightly held Earlwood street has sold for $2.98 million after a competitive auction orchestrated by Christopher Chrysanthou and Steve Lembidakis from Raine & Horne Bardwell Park | Kingsgrove | Earlwood.
The property at 69 Flers Avenue attracted five registered bidders and generated over 15 bids during a heated auction on 25 October, just 26 days after listing.
Christopher said the campaign strategy centred on leveraging the scarcity of available stock in one of Earlwood’s most sought-after pockets.
“The property is in a blue-ribbon street where homes don’t come on the market very often, so we simply ran with the supply and demand method,” he said.
“We knew there wouldn’t be many homes like this coming into the market anytime soon, so this was the only opportunity to buy.”
Capitalising on location premium
The four-bedroom house with one bathroom and one car space sits in a street known for its strong owner-occupier appeal and limited turnover, creating natural scarcity that Christopher and Steve amplified through their marketing approach.
By positioning the property as a rare chance to secure a foothold in a tightly held location, the campaign attracted buyers willing to compete aggressively.
The result sits well above Earlwood’s median house price, reflecting the premium attached to blue-ribbon streets in the suburb.
Vendors pleased with competitive tension
Christopher said the vendors were delighted with both the process and the outcome.
“They were very pleased with the result, and they said mum and dad would be very happy,” he said.
The auction’s competitive dynamic – with over 15 bids exchanged – provided the vendors with confidence that the property had been tested thoroughly in the market.
The agent’s ability to generate sustained bidding activity on auction day underscored the strength of interest cultivated during the 26-day campaign.
About the agent
Christopher Chrysanthou from Raine & Horne Bardwell Park | Kingsgrove | Earlwood brings a dynamic and innovative approach to real estate, with a deep understanding of both buyer and vendor motivations. Known for his transparent communication and client-focused service, he consistently delivers results that reflect his commitment to excellence. Visit Christopher’s website or call Christopher on +61414732875.
