Tiny house auction sparks big interest

December 2, 2017 by  

Auctions to sell tiny houses could become the latest trend in the real estate market following the recent sale of a compact mobile home for $56,000 in Ringwood, near Mitcham.

Auctioneer and agent Mitchal Towns, of Phillip Webb, said he believed it was the first time in Australia that such an auction had been held, adding:

“As far as I know it’s the first time a tiny house trailer home has been auctioned in Australia.”

He said this latest big thing in the world of property was a concept that provided people with a low-cost living alternative.

“Only about 14.4sqm in size, the house is not much larger than the average hotel room or student accommodation.”

Advantages, he said, such as mobility, flexibility and affordability had created phenomenal interest.

Assisted by brochure printing to spread the word about the unusual auction, the event attracted an estimated 2,000 people with pre-auction inspections undertaken by about 10,000 curious prospects.

Towns said auction attendees hailed from as far away as the U.S. and New Zealand.

The tiny houses, a product of Tiny Homes Australia, are professionally built and accompanied by a builder’s warranty, according to company builder Indi Hangan, who said the construction period of each home, the size of which is equivalent to 10% of a medium-sized house, is roughlu three months.