Hyde Burchell Buyers Agents
Property Auction Canberra
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Going Going Gone
Hello Canberra home buyers!
Going Going Gone is designed to make your property auction experience easy, seamless and stress-free and to give you an unfair advantage over other bidders. As the go-to experts in Canberra real estate, our auction expertise will help you successfully secure the property under the hammer.
What’s Included:
- We talk to the agent so you no longer have to, both before and after the auction.
- We will discuss the contract with you to ensure the terms are in your favour.
- You will receive a detailed and accurate pricing analysis report to understand the market value of your desired property.
- We handle all pre-auction negotiations should this be the best avenue for purchasing the property.
- We conduct a 45-minute strategy session with you to discuss your final bidding limit, the love tax and our auction day strategy.
- We prepare all the necessary paperwork and pre register with the agent.
- We’ll be present on auction day to actively bid and secure the property on your behalf.
- We take care of finalising the contract during the auction proceedings for properties sold under the hammer.
- For properties that do not sell under the hammer, we will handle all post-auction negotiations, leveraging our expertise in negotiation backed by our detailed pricing analysis.
- We liaise with your property team to progress the purchase to settlement.
- A final inspection is conducted to ensure everything is in order before you settle.
- A seamless handover to you or your property manager upon settlement is delivered by our team.
Canberra Property Auction Experts
At Hyde Burchell, we bring a wealth of knowledge and a winning strategy to every property auction in Canberra. Our team understands that auctions can be high-pressure events, and our mission is to ease that pressure by handling every detail on your behalf.
From preparing thorough market evaluations to managing all communication with agents, we set you up for success long before auction day arrives.
With years of experience in achieving exceptional real estate auction results in Canberra, we know how to approach each auction with a clear plan and confident execution.
Our expertise ensures you have a professional in your corner who understands local market dynamics, auction tactics, and negotiation strategies, giving you the edge you need to secure your ideal property.
How It Works: 6 Steps to Success with Hyde Burchell Buyers Agents
Step 1: Let’s Chat
We begin by getting to know you and establishing a genuine understanding of your goals, needs, wants and objectives. In a complimentary call with Penny or Ian, we’ll recommend the service that best suits your situation. Book your callback here.
Step 2: The Blueprint Session
In our Blueprint Session, we refine your brief, define your search criteria and map out a tailored strategy to find and secure your ideal property.
Step 3: The Search Begins
As Canberra’s only buyers agency with leading software, our portal “Betty” streamlines your property search and provides you with an all-in-one, 24/7 client portal for curated property short lists, documents and video inspections all in one secure place.
Step 4: Inspections and Evaluations
Once we’ve shortlisted the most suitable properties, we’ll arrange inspections—either in person or virtually. We assess each option against your brief and provide detailed feedback, professional insights, and valuation guidance. Our job is to cut through the noise, so you only focus on the properties worth your time and investment.
Step 5: Negotiation or Auction Bidding
When it’s time to secure the property, we step in to negotiate with a clear strategy tailored to the situation—whether it’s via private treaty or auction. With expert market knowledge and a calm, confident approach, we negotiate hard on your behalf or represent you to give you the best chance of success. Our goal is to secure the property you love on the best possible terms, without the stress.
Step 6: The Home Run
With your purchase confirmed with exchange of contracts, we manage everything through to settlement, keeping you updated and coordinating with your professional team so the process stays smooth and stress-free with as much post settlement support as you need as you take this exciting step.
Auction Bidding Service: Your Strategic Advantage in Property Auctions
Navigating property auctions can be overwhelming, but with us bidding on your behalf, you’ll have a powerful advantage. Our expert Auction Bidding Service is designed to make the entire process smooth, strategic and stress-free.
We act as your representative before, during and after the auction, using our deep knowledge of the Canberra real estate market to help you confidently secure the property at the right price, terms and conditions for your needs.
Why Choose Our Auction Bidding Service?
- Expert Guidance: We offer strategic advice tailored to your goals, helping you make informed decisions.
- Emotional Detachment: We manage the bidding and communication process with the agent, preventing emotional decisions that could lead to overbidding.
- Comprehensive Support: From pre-auction preparation to post-auction negotiations, we handle all aspects of the auction process.
How We Assist You
- Pre-Auction Strategy: We assess the property's value, review reports, liaise with your broker and conveyancing solicitor and help you determine your budget and love tax limit, and develop a bidding strategy aligned with your objectives.
- Auction Day Representation: Penny or Ian will pre-register and attend the auction on your behalf, executing the bidding strategy with precision and skill and complete contracts for properties sold at the auction.
- Post-Auction Negotiation: This is where our skills really shine. If the property is passed in, we will negotiate with the agents to secure the property at the best possible price and conditions for you.
- Everything in One Place: As Canberra’s only buyers agency using Australia's leading buyer software, our client portal—who we affectionately call Betty—makes your property search smart, simple and accessible 24/7. View curated property lists, rate favourites, access property documents and videos, communicate with Penny and Ian and stay fully informed, all in one secure place.
Benefits of Using Our Service
- Increased Success Rate: Clients utilising our services often experience higher success rates in securing properties at auctions than they would going it alone.
- Time & Stress Reduction: We handle the complexities of the auction process, everything from registration to bidding on your behalf, so you can avoid the stress and focus on the outcome.
- Emotional Detachment: Auctions are high-pressure environments. We remain calm and objective, avoiding emotional decisions that could lead to bidding beyond your budget.
- Experience & Strategy: Ian and Penny have represented clients at hundreds of auctions and know how to read the room, set limits and apply winning strategies under pressure.
Ready to bid with confidence?
Book a callback today to learn how our Auction Bidding Service can help you achieve your property goals. Let our expertise work for you.
Your Investment
$4000 + GST
Why Choose Hyde Burchell for Your Canberra Property Auction
Partnering with Hyde Burchell means gaining the support of a team committed to helping you achieve your property goals. Here’s why our clients trust us with their most important purchases:
- Comprehensive Auction Preparation: From contract reviews to agent negotiations, we handle all the groundwork so you can focus on the bigger picture.
- Strategic Bidding Approach: We work with you to define a smart bidding strategy, helping to avoid common pitfalls such as overbidding due to emotion or pressure.
- In-Depth Market Analysis: Our detailed pricing reports ensure you understand the true value of your target property before the auction begins.
- Professional Representation: We attend and bid on your behalf on auction day, using proven techniques to secure the best possible outcome.
- Post-Auction Support: Whether your property sells under the hammer or requires further negotiation, we will continue working for you until the settlement is complete.
Our personalised service is designed to remove stress, enhance confidence, and improve your chances of a successful purchase at a real estate auction in Canberra.
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If you don’t have the benefit of time, skills or knowledge when buying property, we can help.
Thank you for contacting Hyde Burchell Buyers Agents.
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Buyers Agent FAQ’s
This is where you will find most answers. If there should still be any questions left, don’t hesitate to contact us.
Frequent Asked Questions
What is a property auction in Canberra, and how does it work?
A property auction in Canberra is a public sale where potential buyers gather to bid on a property, either in person or online, intending to purchase it at the highest price offered. The auction is managed by a licensed auctioneer who controls the bidding process according to a set of rules outlined before the auction begins.

Buyers must register to bid, and the property is typically sold to the highest bidder once the reserve price is met. If the bidding does not reach the reserve price, negotiations with the highest bidder may occur immediately after the auction. Auctions are a popular method of sale for both residential and commercial properties across Canberra due to the transparency and competitive environment they create.
Why are property auctions popular in Canberra?
Property auctions have become a preferred method of sale in Canberra because they create a competitive environment that can drive up the final sale price. Sellers appreciate the sense of urgency that auctions generate, often leading to a faster transaction than private treaty sales. Buyers benefit from the transparency of the bidding process, knowing exactly what others are willing to pay.
Additionally, auction contracts are typically unconditional, meaning there is less risk of the sale falling through once the hammer falls. With Canberra’s dynamic real estate market, auctions offer both parties the chance to achieve outcomes that align closely with their expectations in a clear and structured setting.
How do I prepare for a real estate auction in Canberra?
Preparing for a real estate auction in Canberra involves several important steps to maximise your chances of success. Conduct thorough research on the property, including title searches, building and pest inspections, and a review of the contract of sale with your legal representative. It’s also essential to arrange pre-approval for finance so you can bid confidently within your budget.

Attending other auctions before the one you are interested in can also help you understand the process and develop bidding strategies. Finally, setting a strict limit on your maximum bid and being mentally prepared to walk away if necessary is key to avoiding emotional decision-making during the auction.
What costs should I consider when buying at a property auction?
When buying at a real estate auction in Canberra, buyers should budget for more than just the purchase price. Immediate costs include the deposit (typically 10%) payable on the day and legal fees for reviewing contracts and facilitating settlement. Pre-auction expenses may also include building and pest inspections and valuation reports. After a successful bid, stamp duty, land registration fees, and lender charges may also apply. Buyers must have their finances ready and ensure they are aware of all costs upfront, as the unconditional nature of auction contracts leaves no room for renegotiation after the sale.

Since auction contracts are unconditional, buyers should also have insurance in place from the fall of the hammer to cover their new asset. Proper budgeting for these additional costs ensures a smooth transition after a successful auction bid.
Can I place a bid at a real estate auction if I have conditional finance approval?
While you can physically attend and place a bid at a real estate auction in Canberra with only conditional finance approval, it is highly discouraged. Auctions operate under unconditional contract terms, meaning that if you win, you are legally required to complete the purchase regardless of whether your finance is fully approved later.
Failure to settle can result in losing your deposit and facing legal action from the seller. To protect yourself, it’s crucial to have formal, unconditional finance approval in place before bidding.
How are real estate auction results reported?
Real estate auction results in Canberra are typically published by various sources, including real estate websites, industry bodies, and news outlets. These results show important data such as clearance rates, median sale prices, and the number of properties passed in. Auction results provide a snapshot of market conditions and are closely monitored by buyers, sellers, and property professionals.
However, it's worth noting that reported figures might not always include every auction, especially if results are withheld at the vendor's request or if the property was sold before the auction date. Nevertheless, auction results offer valuable insights into Canberra’s diverse property market trends.
What happens if a property doesn’t sell at auction?
If a property does not sell at auction, it is considered to have 'passed in.' This typically happens when bidding does not reach the reserve price set by the seller. In such cases, the highest bidder is usually offered the opportunity to negotiate with the seller directly after the auction.
Often, these negotiations are successful, and the property sells shortly afterwards. If not, the property may be re-listed as a private treaty sale. While passing in might seem like a setback, it still provides sellers valuable market feedback. It often leads to a sale within a short timeframe, particularly if buyer interest remains high.
How can sellers increase their chances of success at auction?
To maximise the likelihood of a successful sale at a property auction in Canberra, sellers should focus on three main areas: presentation, pricing, and promotion. A well-staged property with clean, modern aesthetics can attract more interest. Accurate pricing, reflected in a realistic reserve based on comparable sales and current real estate auction results in Canberra, is critical.
An effective marketing campaign, including digital listings, social media, and signage, helps draw a larger pool of potential bidders. Choosing a skilled auctioneer and holding the auction at a convenient time (usually Saturday mornings) can also influence turnout and bidding activity.
Are auction results publicly available in Canberra?
Yes, real estate auction results in Canberra are made publicly available through various channels, including real estate websites, local agencies, and property news platforms. These results often include details such as the sale price, whether the property sold under the hammer or passed in, and the number of registered bidders.
Tracking these outcomes helps buyers and sellers stay informed about market trends and price expectations. For buyers, reviewing auction results can aid in budgeting and evaluating market activity, while sellers can use the data to set reserves and gauge competition. Access to this data enhances confidence and market transparency.
What are the advantages and disadvantages of buying a property at auction?
Buying a property at auction comes with both advantages and drawbacks. On the plus side, auctions are transparent—buyers can quickly see exactly what others are bidding, with contracts exchanged immediately upon a successful bid. There's no risk of gazumping, and the competitive environment can sometimes result in a lower purchase price.
However, the main disadvantage is the binding nature of the contract: there’s no cooling-off period, and buyers must commit to the purchase immediately. This means all inspections, legal checks, and finance must be arranged beforehand, potentially incurring costs even if the buyer does not win the auction.
Can I get a home loan to buy a property at auction?
Yes, it is possible to use a home loan to buy a property at an auction in Australia, but it's important to have your finances arranged in advance. Because auctions lead to an immediate and legally binding sale, buyers must be ready to pay a deposit on the day and commit to the full purchase without any cooling-off period.
Most lenders will want to conduct a valuation before confirming the loan, and if the auction price is higher than expected, the buyer may need to cover the difference. It’s a good idea to speak with your bank or mortgage broker early, ensure all paperwork is in order, and be fully prepared before bidding to avoid last-minute issues.
