Ray White sold five out of seven and Barfoot's sold three out of six at the latest Auckland apartment auctions

Nearly two thirds of the Auckland apartments offered at this week's main apartment auctions were sold under the hammer.

At Ray White City Apartments' auction, seven properties were on offer and five were sold.

At Barfoot & Thompson's main apartment auction this week, six apartments were offered and three sold under the hammer.

At the Ray White auction sales were made at both ends of the price spectrum, with a modern terrace house in Grafton selling for $1.309 million and a studio unit in the Cambridge building on Anzac Ave in the CBD selling for $153,000.

At Barfoot's auction there was very competitive bidding from several potential buyers for two large apartments in the CBD, one of 96 square metres which sold for $670,000, and a penthouse apartment of 177 square metres which went for $1.316 million.

There was also very strong bidding for a 195 square metre commercial unit in Otahuhu that was offered at the same auction and sold for $700,000.

Of the three apartments that were passed in at Barfoot's auction, two received no bids.

The full results of both auctions with details of all properties offered and the prices achieved on those that sold, are available on our Auction Results page.

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