Ian Qiu’s Success Story – 84/1–29 Bunn Street, Pyrmont

Sold 3rd March 2026 | by Ian Qiu

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With only one renovated two‑bedroom apartment of its calibre available in Pyrmont, 84/1–29 Bunn Street entered the market in a uniquely favourable position. The owner, an investor who had just completed a full internal renovation, wanted to ensure they achieved a result that reflected the quality of their upgrades while allowing them to move forward and support their family. Recognising both the scarcity and appeal of the home, Sales Executive Ian Qiu developed a strategy that would capture strong buyer interest while ensuring complete transparency throughout the process. 

29

Groups inspected

27

Days on Market

9

Contracts issued

41

Enquiries

$1,575,000

Sold Price

To make the most of the demand, Ian launched a four‑week auction campaign focused on open homes, private inspections, and consistent communication with every genuinely interested party. With 29 groups inspecting, 41 enquiries and eight private viewings, Ian ensured each buyer understood the home’s value and had equal opportunity to participate, deliberately avoiding pre‑auction offers to maintain fairness. His calm guidance, clear communication, and insight into buyer behaviour helped set the tone for a competitive and well‑run campaign. 

On auction day, when bidding initially paused at $1.4 million, Ian’s experience proved invaluable. Working closely with the auctioneer, he applied a steady, well‑timed strategy that reignited momentum, prompting bidders to continue in $10,000 increments. In just minutes, the atmosphere shifted from concern to excitement, culminating in a $1,575,000 result, $20,000 above reserve. The vendors were thrilled, not only with the price but with how confidently Ian navigated the process. This sale serves as another reminder of the power of a well‑executed auction and the difference an experienced agent like Ian can make when market conditions and strategy align. 

Ian Qiu

Sales Executive