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Auction Results Sydney 23 May 2020

Auction Results Sydney

 Comment: Supply & Demand

Auction Results Sydney

Investors are being reminded that the pain in the property market will be short-lived. Research conducted by PIPA chairman Peter Koulizos found that five years after each of the recessions or economic downturns over that time period, capital city house prices saw a significant increase.

- NSW to emerge as a “safe haven” for international investors, saying Sydney would trump cities like London and New York for deals in the coming months due to the superior handling of the virus, quality lifestyle and stable government

- Will we have an oversupply of units in Sydney? Leigh Warner, JLL’s head of residential research said, “You may have some temporary declines and you may have a buyers’ market for a period, but ultimately it will become a supply and demand issue.” And stressed Sydney would still face a shortage of housing in years to come. While demand had been eased due to the Coronavirus pandemic, a drop-off in construction activity would see any oversupply of units soaked up in the coming years.

 

Using a Buyer's Agent: A Buyer's Agent can act as a 'middleman' at a time when house hunting has become more difficult.  A Buyer's Agent can help by providing a shortlist of properties and arrange private viewings.

Auctions have resumed Onsite. If you are planning on bidding , it is important you have a proven auction strategy and get professional advise.

TBAS® Buyers Agents are continuing to inspect, bid at auction Online and Onsite to purchase properties for their clients. For more details contact us.


Auction Results Sydney 23 May 2020.

Clearance Rate: 55% - Sold:5 - Passed In:4 - Withdrawn:0 - Auctions:9

 

Auction Results Sydney

30 Rose St Birchgrove - SOLD $2,360,000

18% Over agents price guide

Terrace - Beds: 3 - Bath: 1 - Parking: 0  - Land size: 208m2

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

Bidders: 4 - Bids: 13 - Last Sold: Not available

https://www.realestate.com.au/property-house-nsw-birchgrove-133456446


Buyers Agent Sydney

2/58 Ramsgate Ave Bondi Beach - PASSED IN $920,000 (Vendors bid)

% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 0  - Unit size: 66m2

Price Guide: Circa $920,000 - Opening bid: $920,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 24 Oct 2005 $455,000

https://www.realestate.com.au/property-apartment-nsw-bondi+beach-133462406


Buyers Agent Eastern Suburbs

20 Blandford Ave Bronte - PASSED IN - No Bids

% Over agents price guide

House - Beds: 3 - Bath: 2 - Parking: 2  - Land size: 386m2

Price Guide: $? - Opening bid: No bids

Bidders: 0 - Bids: 0 - Last Sold: 22 Jun 2013 $1,960,000

https://www.realestate.com.au/property-house-nsw-bronte-133222350


Auction Results Sydney

25 Amberlea Court Castle Hill - SOLD $1,338,000

?% Over agents price guide

House - Beds: 4 - Bath: 3 - Parking: 2  - Land size: 476m2

Price Guide: $? - Opening bid: $800,000

Bidders: 4 - Bids: 22 - Last Sold: 2 Jul 2000 $425,000

https://www.realestate.com.au/property-house-nsw-castle+hill-133532598


Auction Results Sydney 23 May 2020

5 Meridian St Eastlakes- SOLD $1,420,000

18.33% Over agents price guide

House - Beds: 3 - Bath: 1 - Parking: 2  - Land size: 490m2

Price Guide: $1,200,000 - Opening bid: $1,000,000

Bidders: 6 - Bids: 45 - Last Sold: 5 Sep 2007 $661,000

https://www.realestate.com.au/property-house-nsw-eastlakes-133517214


Auction Results Sydney 23 May 2020

115/40 Yeo St Neutral Bay - SOLD $1,351,000

3.92% Over agents price guide

Office Suite - Parking: 2  - Unit size: 152m2

Price Guide: Circa $1,300,000 - Opening bid: $1,250,000

Bidders: 2 - Bids: 20 - Last Sold: 16 Jul 2001 $910,000

https://www.commercialrealestate.com.au/property/suite-115-40-yeo-street-neutral-bay-nsw-2089-2016236993


Auction Bidding

80 Carlingford St Sefton - SOLD $1,011,000

26.37% Over agents price guide

Industrial - Parking: On-site  - Land size: 650m2

Price Guide: Circa $800,000 - Opening bid: $780,000

Bidders: 4- Bids: 18 - Last Sold: 20 Apr 2009 $250,000

https://www.commercialrealestate.com.au/property/80-carlingford-street-sefton-nsw-2162-2016215798


Auction Results Sydney 23 May 2020

10/127 Birrell St Waverley- PASSED IN $850,000 (Vendors bid)

0% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 0  - Unit size: 93m2

Price Guide: $850,000 - Opening bid: $850,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: Not available

https://www.realestate.com.au/property-apartment-nsw-waverley-133459502


Buyers Agent Sydney

20 Earls Ave Riverwood - PASSED IN $950,000 (Vendors bid)

0% Over agents price guide

House - Beds: 3 - Bath: 2 - Parking: 2  - Land size: 468m2

Price Guide: Circa $950,000 - Opening bid: $950,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 10 Sep 1993 $187,000

https://www.realestate.com.au/property-house-nsw-riverwood-133541354


Auction Results Sydney

Buyers Agent Lower North ShoreCase Study

26/19a Young St Neutral Bay - 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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Sydney
Day Time Temp Wind Weather
Tue
26th
12.00 20°C
SSE

17 mph

  18.00 19°C
SSE

13 mph

Wed
27th
00.00 15°C
SSE

6 mph

  06.00 14°C
SSW

8 mph

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