Auction Results Sydney 22 August 2020

Auction Results Sydney

Comment: Auction Results Sydney

Sydney and Melbourne rank among the most expensive cities in the world. Real home prices across Australia have climbed 150 per cent since 2000.  

Data shows us the average home had a greater return, made up of rent and capital gains, than the average worker. The median Sydney home earned more than the median full-time worker earned from wages.

Falling building activity during COVID is poised to create a housing shortage. Building activity was especially low on the northern beaches, eastern suburbs, north shore and inner west. The tight supply of housing would benefit homeowners as it would create a safety net for falling values.

High-density areas would be the weakest markets in Sydney, with rents dropping and vacancies rising and many investors forced to sell.

 

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.

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

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Realestate.com.au Auction Clearance Rate

NSW:79% | Victoria:76%

Auction Results Sydney 22 August 2020

CLEARANCE RATE:41% - SOLD:5 - PASSED IN:7 - AUCTIONS:12

9/18 Roscoe St Bondi Beach - SOLD $1,185,000

7.72% Over agents price guide

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

Price Guide: $1,100,000 - Opening bid: $950,000

Bidders: 3 - Bids: 23 - Last Sold: Not available

3/34B Latimer Rd Bellevue Hill - PASSED IN NO BIDS

% Over agents price guide

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

Price Guide: $? - Opening bid: No bids

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

6/36 Bennett St Bondi - PASSED IN $925,000

?% Over agents price guide

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

Price Guide: $? - Opening bid: $850,000

Bidders: 3 - Bids: 5 - Last Sold: 21 Nov 2002 $418,000

25/22 Penkivile St Bondi - PASSED IN $975,000 (Vendors bid)

% Over agents price guide

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

Price Guide: $? - Opening bid: $875,000

Bidders: 2 - Bids: 9 - Last Sold: 11 May 2010 $621,613

101 Ruthven St Bondi Junction - SOLD $2,600,000

30% Over agents price guide

House - Beds: 3 - Bath: 1 - Parking: 1 - Land size: 206m2

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

Bidders: 3 - Bids: 13 - Last Sold: 23 Mar 2011 $1,445,000

16 Peel St Dover Heights - PASSED IN $2,820,000

% Over agents price guide

Semi - Beds: 4 - Bath: 3 - Parking: 0 - Land size: 219m2

Price Guide: $2,900,000 - Opening bid: $2,800,000 (Vendors bid)

Bidders: 1 - Bids: 2 - Last Sold: 8 Mar 2011 $1,480,000

36 Neirbo Ave Hurtstville - SOLD $1,750,000 (Pre-auction)

9.37% Over agents price guide

House - Beds: 3 - Bath: 2 - Parking: 2 - Land size: 632m2

Price Guide: $1,600,000 - Opening bid: Purchased pre-auction

Bidders: N.A - Bids: N.A - Last Sold: 3 Mar 2018 $1,645,000

11 New England Dr Kingsgrove - SOLD $1,901,000

18.81% Over agents price guide

House - Beds: 5 - Bath: 2 - Parking: 4 - Land size: 537m2

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

Bidders: 6 - Bids: ? - Last Sold: 7 Dec 1992 $212,000

4 Garden St Maroubra - SOLD $1,576,000

16.74% Over agents price guide

Semi - Beds: 3 - Bath: 1 - Parking: 1 - Land size: 331m2

Price Guide: $1,350,000 - Opening bid: $1,400,000

Bidders: 4 - Bids: 38 - Last Sold: Not available

2B/73-75 Gilderthorpe Ave Randwick - PASSED IN $867,000

% Over agents price guide

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

Price Guide: $900,000 - Opening bid: $865,000

Bidders: 1 - Bids: 2 - Last Sold: Not available

7 Ashley St Tamarama - PASSED IN $5,525,000

0.45% Over agents price guide

House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 276 m2

Price Guide: $5,500,000 - Opening bid: $4,800,000

Bidders: 2 - Bids: 7 - Last Sold: 14 May 2016 $3,850,000

2/765 Old South Head Rd Vaucluse - PASSED IN $1,450,000 (Vendors bid)

% Over agents price guide

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

Price Guide: $1,450,000 - Opening bid: $1,450,000 (Vendors bid)

Bidders: 0 - Bids: 1 - Last Sold: 31 Oct 2013 $1,055,000

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