Record domain name sale – investmentproperty.com.au

15 09 2011

In a sign that the .au domain name market is hotting up investmentproperty.com.au today sold for $125,001 (plus GST) to Mad Cat Pty Ltd, which appears to be the operator of Hunter Valley property development company Vision Homes.

In spirited bidding, initial bids last night were less than $2000. The price  quickly shot up today on the two leading aftermarket domain catching services, fetching $125,001 on Netfleet and $110,001 on Drop.com.au

No doubt the registrant who let the name expire, INVESTMENT PROPERTY SOLUTIONS PTY LIMITED, would have kicked themselves at losing such a valuable domain name.

Cooper Mills Director and Domain Lawyer, Erhan Karabardak said:

These types of record results are pleasing for the domain name industry, and show that business is understanding the critical importance of a good domain name in the success of online ventures.

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