LIVEMarkets rolling coverageStarted: July 24, 2026, 4:00 AM EDTUpdated: July 25, 2026, 3:59 AM EDT Lane Cove Apartment Draws Only Single Bid, Sells Below Guide as Sydney Auction Market Struggles July 25, 2026, 3:57 AM EDT. A two-bedroom apartment in Lane Cove sold for $785,000 under the hammer, with just one bid recorded. Agents had hoped for more competition, guiding buyers at $790,000. The reserve sat at the same level as the lone bid. Auctioneer Pete Matthews called current conditions the toughest in his 30-year career, saying even the GFC didn’t compare. The unit was one of 451 auctions scheduled