Gavl’s 2018 in Review

What a great 2018 it has been!

In less than 12 months, we’ve streamed over 5000 auctions on Gavl with those streamed auctions selling for a total of $3.4 billion – that’s higher than the GDP of Greenland and San Marino, combined! The 5000 streamed auctions had 55,000 bids throughout 2018 resulting in 11 bids per property on average – a fantastic sign in a tough real estate market.

 

 

Not only this, the streamed auctions on Gavl were viewed 1.62 million times, too, with Gavl growing auction attendance by:

  • 153% in Auckland
  • 74% in Victoria
  • 74% in Queensland
  • 43% in NSW

All of this resulted in over 500 bidder registrations – almost 10 per week! – with 40% of all approved bidders going on to bid, and of those who bid, 31.1% of bidders won the auction via Gavl!

With Gavl app downloads coming from 52 countries, we took bids all over Australia, New Zealand, Hawaii, London, Dubai, Taiwan, Hong Kong and Singapore.


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Gavl Bidders in 2018

In 2018 Gavl launched live bidding functionality on our streamed auctions. For the first time in the Australian Real Estate industry, you could watch, bid and buy at auction, all from the palm of your hand via the Gavl app. With uptake from real estate agents and bidders alike, in 2018 Gavl recorded over 55,000 […]

Gavl’s 2018 in Review

What a great 2018 it has been! In less than 12 months, we’ve streamed over 5000 auctions on Gavl with those streamed auctions selling for a total of $3.4 billion – that’s higher than the GDP of Greenland and San Marino, combined! The 5000 streamed auctions had 55,000 bids throughout 2018 resulting in 11 bids […]

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