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For Sale Aussie Domain sells for $125,000!

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An expiring Aussie domain name was sold for an Australian record price today of $125,001.

The domain name was investmentproperty.com.au; and there were 65 bids in total at Netfleet who were the successful drop catcher. It also had bids at Drop.com.au for $110k. Congratulations Netfleet!

The buyer was an enduser builder.

The price blew even seasoned Aussie domainers away! http://www.dntrade.com.au/investmentproperty-com-au-t3746.html

All I can say is wow! And the person who previously owned the name and didn't renew it will feel a bit ill when they find out.

P.S. This has already made the main stream newspapers: http://www.smh.com.au/technology/te...hed-after-schoolboy-error-20110915-1kb4m.html
 
Are .com.au domains impossible to contact the owners, much like co.uk? I can only imagine how many millions of dollars is lost because there is no way to contac the owners if they don't have a proper site set up. i wonder if this was the case here because I'm sure they could of gotten it much cheaper had they contacted the owner before it expired.
 
1. Australia has a very good WhoIs system - registrants must generally list a "registrant contact email".

2. The onus is on the Registrant to keep their email address up to date (for obvious reasons).

3. Australian WhoIs does not publish expiry dates! So it makes it difficult to guess when a domain may expire.

Cheers, Ned
 
Was the domain name developed with website or just simply the domain name itself? :smilewinkgrin:
 
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Was the domain name developed with website or just simply the domain name itself? :smilewinkgrin:

It was an expiring domain that went to auction on the drops. So just the domain name.
 
hmmm that should means that PropertyInvestment.com.au should be worth even more than InvestmentProperty.com.au ya?
 
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