Auction Results Sydney & Eastern Suburbs 2 March 2019

Auction Results Sydney & Eastern Suburbs 2 March 2019

Auctions Attended: 5

Sold: 3

Passed In: 2

Withdrawn: 0

Clearance Rate: 60%

See Auction Summaries below.

82 Woolwich Rd Woolwich

Auction Date: 2.3.19

Result: Sold at Auction $3,600,000

Price Guide: $2.5m-$3.5m

Property description: An opportunity to acquire a harbourside home owned by the same family for over half a century. A generous parcel, boasting sweeping water views of the Lane Cove River and Longueville peninsula.

Bring your ideas and dreams. A blank canvass is ready to build your dream home. Maximise the opportunities of aspect, views and floor space.

Auction Summary: On-site auction with a  crowd of around 60 people. 6-7 registered bidders, 4 active bidders. Opening bid of $2.6m, then quickly rising to $3.2m, where the auctioneer said we are selling for keeps. We were bidding on behalf of our client and stopped bidding at $3,500,000, which was more than what we considered reasonable value. The strong bidding continued up to the selling price of $3.6m, $400,000 over the reserve. Great result for the vendors.

Selling Agent: Vincent McGrath – Harbourline Real Estate Greenwich

realestate.com.au URL: 

https://www.realestate.com.au/property-house-nsw-woolwich-130320266

 

61 Read St Bronte

Auction Date: 2.3.19

Result: Sold at Auction $3,000,000

Price Guide: Circa $3,000,000

Property description: Tightly-held by the one family for forty years, this freestanding home is a rare offering in one of Bronte’s most sought-after streets. Move-in-ready while presenting boundless potential, it is placed a stroll to Bronte Public School, shops, popular cafes and Bronte Beach.

Auction Summary: On-site auction with a  crowd of around 25 people. There were 2-3 registered bidders, with 2 active bidders fighting it out. Bidding started at $2.9m, the property was declared on the market at $2.980m, finally selling for $3m after 14 bids.

Selling Agent: Nicholas Breadman – LJ Hooker Bondi Junction

realestate.com.au URL: 

https://www.realestate.com.au/property-house-nsw-bronte-130377678

 

2/101 Carrington Rd Coogee

Auction Date: 2.3.19

Result: Passed in at Auction $1,075,000

Price Guide: Circa $1,100,000

Property description: Positioned in a boutique apartment block of seven, this charming, character filled Art Deco apartment offers everything you need, from style to comfort and ultra-convenience. The light-filled apartment features open plan lounge and dining room, low maintenance lifestyle and spacious entertaining deck with a leafy outlook and ocean views. With a signature semi style layout, the interiors have been tastefully restored with a balanced blend of classic period charm and contemporary updates. Conveniently located for an easy lifestyle, it’s placed just moments from chic cafes, grocers, city transport and the lapping shores of Clovelly and Coogee Beaches. 

Auction Summary: On-site auction with a  crowd of around 10, mostly neighbours. There was 1 registered bidder who did not make a bid. The auctioneer called for bids around $1,050,00, after no bids placed a sellers bid of $1,075,000. The property was passed in with negotiations starting with the only registered bidder.

Selling Agent: Nick Simitzis – Belle Property Randwick

realestate.com.au URL: 

https://www.realestate.com.au/property-unit-nsw-coogee-130417422

 

27 Ashton St Queens Park

Auction Date: 2.3.19

Result: Passed in at Auction $3,660,000

Price Guide: Circa $3,600,000

Property description: Step inside an architecturally acclaimed haven of timeless appeal and style with this prestigious parkside residence. Meticulously crafted to enhance the sense of space and natural light, the elite home has was short listed for the 2016 Australian Houses Awards and was featured in Houses Magazine.

Auction Summary: On-site auction with a good crowd of around 40. There was 1 bidder, a buyers agent bidding on behalf of a client, who made an opening bid of $3.6m, they auctioneer then placed a sellers bid of $3.650m, the buyers agent increased his bid to $3.660. There were no further bids and the property was passed in. The auctioneer was confident on getting a result shortly after the auction.

Selling Agent: Ben Collier – The Agency Eastern Suburbs

realestate.com.au URL: 

https://www.realestate.com.au/property-house-nsw-queens+park-130400410

 

142 Fletcher St Woollahra

Auction Date: 2.3.19

Result: Sold $1,860,000

Price Guide: Circa $1.7

Property description: 1 bed, 1 bath, 177m2 land. Nestled in a leafy pocket of Woollahra is this light filled retreat on 177sqm of land, offering privacy and tranquility. Upon entry through a wisteria bound courtgarden, the home opens into a fresh and flowing layout designed for entertaining. A relaxed indoor to outdoor lifestyle is encouraged with French doors effortlessly giving way to a paved terrace and garden immersed in lush greenery. It’s enviably set only moments to the boutique Woollahra Village and Bondi Junction.

Auction Summary: On-site auction with a small crowd of around 20. Three registered bidders, but only 2 bidding. Opening bid of $1.5m. Bidding then stalled at $1.8m for around 5 minutes, then a sellers bid of $1.850m was submitted. The highest bidder then made another bid of $1.860m, the property was placed on the market and sold.

Selling Agent: Lisa Chadd – Ray White Woollahra

realestate.com.au URL: 

https://www.realestate.com.au/property-house-nsw-woollahra-130346686

 

Need Help Buying at Auction?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Recent Media for TBAS®

Buyer agent Rodney McLoughlin, of TBAS, said the 693-square-metre property was quoted in the high-$2 million range and drew six registered and four active bidders.

 

Articles by TBAS®

5 Reason WHY Now is the Best Time to BUY Property in Sydney

 

News – Market Update

https://theurbandeveloper.com/articles/challenging-conditions-in-the-major-apartment-markets

 

Disclaimer: These Property was not bought or sold by TBAS® Buyers Agents. The information is compiled for research purposes to assist our valued clients in making educated decisions when purchasing property.

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