Auction Results Sydney 8 August 2020

Auction Results Sydney

 Comment: Auction Results Sydney

CoreLogic's head of research, Tim Lawless, said housing markets had remained relatively resilient since the advent of the coronavirus pandemic.

"Record low interest rates, government support and loan repayment holidays for distressed borrowers have helped to insulate the housing market from a more significant downturn," he said. Federal and state government support programs, aimed at first time buyers, has cushioned the market.

Sydney house values dropped by 1 per cent in July to be down 2.4 per cent over the quarter. Despite the drop, Sydney values are still up by 13.2 per cent over the past year.

CoreLogic reports new listings are up 46 per cent from the recent lows of early May and With fiscal support set to taper from October, translating to an ideal time to purchase property.

The proportion of rental properties left sitting in Sydney is holding steady. Sydney’s vacancy rate has declined to 3.5 per cent, lower than the peak in April when it hit 4 per cent.

 

Using a Buyer's Agent: At TBAS®, we offer comprehensive end-to-end support – from identifying and analysing potential properties to dealing with agents, attending inspections, bidding at auction and negotiating a sale on your behalf. We take the time to understand your timeline, budget and exactly what you’re looking for, then create a tailored strategy to get you into your dream home, fast.

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Auction Results Sydney 8 August 2020.

Clearance Rate:50% - Sold:3 - Passed In:3 - Withdrawn:0 - Auctions:6

 

Auction Results Sydney 8 August 2020

317 Belmont St Alexandria - PASSED IN $1,400,000 (Vendors bid)

% Over agents price guide

Cottage - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 136m2

Price Guide: $1,400,000 - Opening bid $1,400,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 31 Mar 2000 $400,000

https://www.realestate.com.au/property-house-nsw-alexandria-133977578


Auction Results Sydney 8 August 2020

18/22 Greenoaks Ave Darlingpoint - SOLD $1,305,000

4.39% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 80m2

Price Guide: $1,250,000 - Opening bid $1,250,000 (Vendors bid)

Bidders: 3 - Bids: 9 - Last Sold: 22 Jul 1995 $370,000

https://www.realestate.com.au/property-apartment-nsw-darling+point-133977126


Buyers Agent Sydney

146 Holmes St Maroubra - SOLD $1,600,000

10.34% Over agents price guide

Semi - Beds: 3 - Bath: 1 - Parking: 2 - Land size: 277m2

Price Guide: $1,450,000 - Opening bid $

Bidders: 4 - Bids: circa 50 - Last Sold: 17 Apr 1975 $34,500

https://www.realestate.com.au/property-house-nsw-maroubra-133990814

 


Auction Bidding

8/127 Hastings Parade North Bondi - PASSED IN $1,880,000 (Vendors bid)

% Over agents price guide

Unit - Beds: 3 - Bath: 2 - Parking: 0 - Unit size: ?m2

Price Guide: $1,800,000 - Opening bid $1,880,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 23 Aug 1993 $154,200

https://www.realestate.com.au/property-apartment-nsw-north+bondi-133950594


Auction Results Sydney

202/10-14 Cooper St Surry Hills - PASSED IN - No Bids

% Over agents price guide

Unit - Beds: 1 - Bath: 1 - Parking: 0 - Unit size: 80m2

Price Guide: $? - Opening bid: No bids

Bidders: 0 - Bids: 0 - Last Sold: 30 Jun 2017 $1,440,000

https://www.realestate.com.au/property-apartment-nsw-surry+hills-133858010


Auction Bidding

13 Hannan St Turrella - SOLD $1,180,000

24.21% Over agents price guide

House - Beds: 3 - Bath: 1 - Parking: 1 - Land size: 360m2

Price Guide: $1,000,000 - Opening bid: $900,000

Bidders: 4 - Bids: circa30 - Last Sold: 15 Dec 2001 $398,000

https://www.realestate.com.au/property-house-nsw-turrella-133975766


Auction Results Sydney

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13 William St Tempe - Read Report

 

 

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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.