Real estate auctioneer.

Yes. We auction both commercial and residential property. Commercial work includes office, retail, industrial, childcare, medical, mixed-use and development sites. Residential includes houses, apartments, townhouses, and rural/lifestyle.

Traditionally this is 10% of the purchase price. If you don't have the facility to pay the full 10% deposit on the day, a lower amount can be paid and the balance of the deposit on another day. Please seek approval and check with the sales representative directly before bidding. Tip: contact your bank to increase your transfer limits before auction day.

No. Under the Sale of Land Act 1962, purchases at a publicly advertised auction are exempt from Victoria's 3-business-day cooling-off period. The exemption also covers a sale signed within 3 clear business days before or after the advertised auction date.

The GST payable (not payable) on a commercial property is specific to each property and circumstance. Always seek your own independent advice from your tax specialist and check the contract's GST clause before bidding on commercial property.

Yes. Some of our team have extensive experience with conducting mortgagee-in-possession and receiver or liquidator auctions. Notify us of the situation and we can allocate one of our specialists.

Your auctioneer will work together with the sale representative, considering feedback from interested buyers and the vendor's reserve price, to determine a fair and reasonable start. Determining a starting bid cannot be made until all information has been collated towards the end of the campaign.

Yes. We are equipped to handle online auctions in certain circumstances. Please note online auctions incur an additional fee for technical setup and staffing. For more information contact the team.

We recommend booking at least 4 weeks in advance. We accept shorter timelines where capacity allows.

Please get in touch with us at admin@theauctioncompany.com.au or call 9834 6034, and we'll be happy to help.