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Auction Results Sydney 7 September 2019 - TBAS® Buyers Agents

Auction Results Sydney 7 September 2019.

Clearance Rate: 92.30% - Sold: 12 - Passed In: 1 -  Withdrawn: - Auctions: 13

11 Cuzco St South Coogee - SOLD $3,100,000

19.23% Over the price guide

House - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 360m2

Price Guide:  $2,600,000 - Opening bid: $2,800,000

Bidders: 2 - Bids: 13 - Last Sold: 28 June 2008 $1,900,000

Notes: Great result with only 2 active bidders, selling well over the price guide.

https://www.realestate.com.au/property-house-nsw-south+coogee-131651986


11 Taylor St Annandale - SOLD $2,050,000

28.12% Over the price guide

House - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 149m2

Price Guide:  $1,600,000 - Opening bid: $1,500,000

Bidders: 4 - Bids: 21 - Last Sold: Not available

Notes: Large crowd witnessed 4 active bidders compete for a small parcel of land in Annandale, selling for a fantastic price

https://m.realestate.com.au/property-house-nsw-annandale-131697466


Auction Results Sydney 7 September 2019

6/36-38 Penkivil St Bondi - SOLD $1,200,000

4.34% Over price guide

Unit - Beds: 3 - Bath: 2 - Parking: 1 - Unit size: 148m2

Price Guide:  $1,150,000 - Opening bid: $1,185,000

Bidders: 2 - Bids: 7 - Last Sold: 18 Feb 1999 $535,000

Notes: An extremely drawn out auction, taking around 25 minutes for 7 bids, finally selling for $1,200,000

https://m.realestate.com.au/sold/property-apartment-nsw-bondi-131723506


Buyers Agent Sydney

67 Wentworth St Randwick - SOLD $7,340,000

7.94% Over price guide

Block of Units - Beds: 18 - Bath: 9 - Parking: 9 - Land size: 630m2

Price Guide:  $6,800,000 - Opening bid: $6,500,000

Bidders: 3 - Bids: 31 - Last Sold: Not available

Notes: 3 active bidders competing for a fantastic investment opportunity, a block of 9 units, selling for $7,340,000

https://m.realestate.com.au/sold/property-unitblock-nsw-randwick-131665366


Buyers Agent Eastern Suburbs

11/28 Edward St Bondi - SOLD $1,460,000

12.30% Over price guide

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 630m2

Price Guide:  $1,300,000 - Opening bid: $1,280,000

Bidders: 3 - Bids: 12 - Last Sold: 18 Aug 2011 $900,000

Notes: The auctioneer had to kick start the auction with a sellers bid, then 3 active bidders pushed the price well over the price guide

https://m.realestate.com.au/sold/property-apartment-nsw-bondi-131687742


Auction Bidding Service

10/4 Young St Paddington - SOLD $985,000

3.68% Over price guide

Unit - Beds: 1 - Bath: 1 - Parking: 1 - Unit size: 51m2

Price Guide:  $950,000 - Opening bid: $950,000

Bidders: 2 - Bids: 6 - Last Sold: 23 Nov 1998 $315,000

Notes: With only a handful of bids, the property sold just over the price guide

https://m.realestate.com.au/sold/property-apartment-nsw-paddington-131690578


Auction Results Sydney 7 September 2019

5/591 Old South Head Rd Rose Bay - SOLD $826,000

14.72% Over price guide

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: ?m2

Price Guide:  $720,000 - Opening bid: $720,000

Bidders: 2 - Bids: 38 - Last Sold: Not available

Notes: Only 2 active bidders, however the property sold well over the price guide

https://m.realestate.com.au/sold/property-apartment-nsw-rose+bay-131716138


Buyers Agent Sydney

8 Marne St Vaucluse - PASSED IN

Block of Units - Beds: 15 - Bath: 9 - Parking: 7 - Land size: 577m2

Price Guide:  $5,900,000 - Opening bid: $0

Bidders: 0 - Bids: 0 - Last Sold: 9 Mar 2015 $5,750,000

Notes: Despite 7 registered bidders ( so we were told) there were no bids, even though there was extensive prompting from the auctioneer reiterating the price guide was only around $6m

https://m.realestate.com.au/property-unitblock-nsw-vaucluse-131604254


Buyers Agent Eastern Suburbs

3/43 Sir Thomas Mitchell Rd Bondi Beach - SOLD $1,300,000

18.18% Over the price guide

Unit - Beds: 2 - Bath: 1 - Parking: 1 - Unit size: 74m2

Price Guide:  $1,100,000 - Opening bid: $1,000,000

Bidders: 4 - Bids: 19 - Last Sold: 18 Oct 2004 $487,000

Notes: Older style apartment with fantastic growth potential, selling well over the price guide

https://m.realestate.com.au/property-apartment-nsw-bondi+beach-131714222


Auction Results Sydney 7 September 2019

101 Francis St Bondi Beach - SOLD $2,827,000

4.7% Over the price guide

Terrace - Beds: 4 - Bath: 3 - Parking: 0 - Land size: 211m2

Price Guide:  $2,700,000 - Opening bid: $2,700,000

Bidders: 3 - Bids: 9 - Last Sold: 31 Mar 2014 $1,935,000

Notes: It took a lot of prompting by the agents to convince the the vendors & buyers to agree on a price,  the auctioneer finally knocking it down for $2,827,000

https://m.realestate.com.au/sold/property-house-nsw-bondi+beach-131722258


Buyers Agent Lower North Shore

6 Blakesley St Chatswood - SOLD $3,650,000

4.28% Over the price guide

House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 562m2

Price Guide:  $3,500,000 - Opening bid: $3,300,000

Bidders: 2 - Bids: 14 - Last Sold: 13 Apr 2012 $1,500,000

Notes: With only 2 active bidders the agents were forced to negotiate with the vendors during the auction to reduce the reserve to match the final bid of $3.65

https://www.realestate.com.au/property-house-nsw-chatswood-131579858


Buyers Agent Sydney

5/4 Billyard Ave Elizabeth Bay - SOLD $2,970,000

10% Over the price guide

Unit - Beds: 3 - Bath: 2 - Parking: 1 - Unit size: 99m2

Price Guide:  $2,700,000 - Opening bid: $2,500,000

Bidders: 3 - Bids: 32 - Last Sold: 14 Dec 2016 $2,400,000

Notes: Great contest between the 3 bidders for the stunning waterfront apartment, selling well over the price guide.

https://www.realestate.com.au/property-apartment-nsw-elizabeth+bay-131750542


Buyers Agent Sydney

65 Mill Dr North Rocks - SOLD $1,455,000

3.92% Over the price guide

House - Beds: 4 - Bath: 2 - Parking: 2 - Land size: 767m2

Price Guide:  $1,400,000 - Opening bid: $1,250,000

Bidders: 6 - Bids: 22 - Last Sold: 30 Oct 2008 $295,000

Notes: Huge crowd of onlookers and 6 bidders led to quick fire bidding, selling for $1,455,000

https://www.realestate.com.au/property-house-nsw-north+rocks-131730938


Monthly Auction Statistics

Average Number of Bidders

 

Apr: 2.01    May: 2.22    Jun: 2.72    Jul: 2.69    Aug: 2.13

 

 

 

Average Number of Bids

 

Apr: 15.44    May: 14.66    Jun: 15.95    Jul: 12.46   

Aug: 13.0

 

 

Average % Over Agents Price Guide

 

Apr: 10.09%    May: 8.0%    Jun: 8.59%    Jul: 8.32%    Aug: 7.04%

 

 

Clearance Rate / Auctions Attended

 

Apr: 52%/38    May: 67%/19    Jun: 67%/57    Jul: 68%/26    Aug: 54%/46

 

 

Buyers Agent Eastern SuburbsProperty Review

83 Balbour Rd Bellevue Hill - Read Report

 

 

Articles by TBAS®Auction Bidding Service

5 Tips for Auction Success

 

 

 

Need Help Buying Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304


 

 

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Disclaimer: Not all Properties were bought or sold by TBAS® Buyers Agents. The Auction Results Sydney are compiled for research purposes to assist our valued clients in making educated decisions when purchasing property.

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