Auction Results Sydney 15 August 2020

Auction Results Sydney

Comment: Auction Results Sydney

Digital Finance Analytics Martin North said across the city there were just over 20,000 homeowners owing over $1 million on their mortgages.

COVID has been a catalyst for people who had large mortgages but were previously financially comfortable.

The largest debts were in Sydney’s “aspirational” suburbs that typically attracted upper middle-income buyers such as Chiswick, Lane Cove, Wahroonga, Mosman and Maroubra.

Homeowners in premium suburbs such as Bellevue Hill or Vaucluse tended to have lower personal debts and greater equity because they bought more properties outright or through business interests.

 

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We recently achieved outstanding results in Bellevue Hill, Bowral, Maroubra, Tempe and Neutral Bay.

Auction Results Sydney 15 August 2020

CLEARANCE RATE:42% - SOLD:3 - PASSED IN:4 - AUCTIONS:7

237 Military Rd Dover Heights - PASSED IN $2,800,000 (Vendors bid) % Over agents price guide

House - Beds: 3 - Bath: 3 - Parking: 2 -Land size: 253m2

Price Guide: $2,800,000 - Opening bid $2,800,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 16 may 2013 $1,680,000

1A/286 New South Head Rd Double Bay - PASSED IN - NO BIDS % Over agents price guide

Unit - Beds: 3 - Bath: 1 - Parking: 0 - Unit size: ?m2

Price Guide: $? - Opening bid : No bids

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

3/92 Brighton Boulevard North Bondi - SOLD $1,755,000 25.35% Over agents price guide

Unit - Beds: 2 - Bath: 1 - Parking: 3 - Unit size: 53m2

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

Bidders: 2 - Bids: 27 - Last Sold: 19 Jan 2005 $685,000

5206/393 Pitt St Sydney - SOLD $2,165,000 3.09% Over agents price guide

Unit - Beds: 3 - Bath: 2 - Parking: 2 - Unit size: 53m2

Price Guide: $2,100,000 - Opening bid : $2,100,000

Bidders: 2 - Bids: 4 - Last Sold: 29 May 2008 $1,130,000

39 Maxwell St Turramurra - SOLD $1,830,000 14.37% Over agents price guide

Unit - Beds: 3 - Bath: 2 - Parking: 2 - Unit size: 714m2

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

Bidders: 3 - Bids: circa 20 - Last Sold: 8 Jun 2004 $845,000

34 Edward St Woollahra - PASSED IN $4,000,000 (Vendors bid) % Over agents price guide

House - Beds: 4 - Bath: 3 - Parking: 1 - Unit size: 269m2

Price Guide: $4,000,000 - Opening bid : $4,000,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 5 Sep 2017 $3,890,000

21A Nelson St Woollahra - PASSED IN $5,000,000 % Over agents price guide

House - Beds: 5 - Bath: 3 - Parking: 1 - Unit size: 320m2

Price Guide: $5,500,000 - Opening bid : $5,000,000

Bidders: 1 - Bids: 1 - Last Sold: 4 Mar 2014 $3,400,000

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